Latest AmpGFX Reports

Gold showing the way

Posted on February 20th, 2019

The USD remains mixed, but gold has developed a persistent uptrend.  This may reflect underlying weakness in the USD and doubts about the state of the global economy.  Its recent rise is at odds with the rebound in global equities, but consistent with lower global yields since the Fed moved to a stable rates outlook […]

Bearish Euro sentiment over-done

Posted on February 13th, 2019

We have turned our attention to the EUR in recent days, watching it break a key support on Monday (falling through 1.1300).  Its performance has been undermined by surprisingly weak activity data, and uncertainty over the state of the Chinese economy and global trade growth.  However, the Eurozone had a run of bad luck in […]

RBA policy faces big test

Posted on February 5th, 2019

Today the RBA releases its latest policy meeting statement.  This is followed by a speech by RBA Governor Lowe on Wednesday, and the release of the RBA quarterly Statement on Monetary Policy (SoMP) on Friday, where it updates its medium-term forecasts. A lot has changed A lot has changed in the last two months since […]

Latest AmpGFX Real Time Briefings

Gold diverging from the USD

Posted on February 15th, 2019

US Retail sales shockingly weak, but are being dismissed.  Unemployment claims are softer, but consumer confidence may be holding up. EUR continues to sink on weak data (IP and GDP), but employment data has been more stable. Chinese trade data recovers, although still lower from earlier in 2018. US imports to China plummet, China exports […]

Interview with TDAmeritrade – USD, EUR & GBP

Posted on February 14th, 2019

See this link to the interview:

Spotlight on RBA Lowe; time to drop bias to hike

Posted on February 6th, 2019

The Speech by RBA Governor Lowe today (Wednesday) will be under a bright spotlight as the market looks for further colour after the policy statement yesterday.  Crucially the audience will be wanting to know if Lowe still thinks the next move in rates is likely to be higher. Hand on heart it is now hard […]