Market insights
The desk's view, in writing.
Strategic FX briefings, weekly outlooks and market analysis from the Lamera Capital dealing desk. Written for people with real currency exposure, not for clicks.
Canadian Dollar Strengthens as US Trade Deal Takes Shape
The Canadian Dollar has strengthened to a two-and-a-half-month high against the US Dollar as stronger Canadian data and progress in US-Canada trade talks support CAD ahead of a key weekend deadline.
Read the latest pieceEuro Strengthens Against Both the Dollar and Sterling
The Euro has gained against both the Dollar and Sterling. Why it happened, whether it lasts, and what to do about EUR/USD and GBP/EUR exposure. Euro strength against the Dollar and Sterling explained, what it means if you buy Dollars or Euros.
Read the pieceHow the Bank of England Affects the Pound: Interest Rates, Inflation and GBP Explained
How does the Bank of England affect the Pound? Learn how interest rates, inflation, MPC decisions and central-bank expectations influence GBP exchange rates.
Read the pieceBritish Pound Outlook: UK Inflation Is the Key Test for Sterling This Week
Sterling faces a key week as UK inflation, retail sales and business activity data shape Bank of England expectations and the near-term outlook for the Pound.
Read the pieceUSD/ZAR Outlook: Rand Near Five-Month High | Lamera Capital
The Rand is near a five-month high against the Dollar. See what current USD/ZAR and EUR/ZAR levels mean for South African and Namibian businesses paying overseas suppliers.
Read the pieceUS Inflation Matches Forecasts
US inflation came in as expected at 3.4%. The Fed's September call stays open, and Sterling now turns to UK data.
Read the pieceOne Number, Two Readings: Tomorrow's US Inflation Report
July's US CPI lands with a September Fed hike priced at a coin flip. What's expected, how the camps split, and why the monthly core number decides the tie.
Read the pieceFed Hike Expectations Retreat After Weak US Jobs Report
Weak US jobs data has changed the outlook for September, weighing on the Dollar and raising fresh questions over whether the Fed will still hike rates.
Read the pieceSterling Borrowed Its Rally. The Repayments Have Started.
The BoE held and Bailey ruled out a hike. With the ECB and Fed priced to move, the rate differentials that carried the pound are narrowing from both sides.
Read the pieceThe Bond Market Called Warsh's Bluff
The Fed held, but 30-year yields hit a 19-year high and the dollar fell. Why that combination is a credibility verdict, and what it means for a September hike.
Read the piecePound Retreats as Oil, Borrowing Costs and a Hawkish Fed Strengthen the Dollar
Sterling falls against the euro and dollar despite stronger UK retail sales, as rising oil prices, higher bond yields and hawkish central-bank expectations support the US dollar ahead of the Federal Reserve and Bank of England meetings.
Read the pieceTwo Weeks, Four Central Banks, and a New Prime Minister: What Could Move Your Currency Before Month-End
Sterling near a one-year high, the loonie firm on oil, and four central bank decisions before month-end. A pair-by-pair guide for businesses buying currency.
Read the pieceThe Fed Has a Reason. The Bank of England Only Has Oil.
Markets have priced hikes on both sides of the Atlantic off the same oil shock. Why the Fed's case is domestic and durable, and sterling's rally is borrowed.
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