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.
Dollar at Its Strongest in 18 Months as Fed Signals More Rate Rises
The Dollar is at an 18-month high as the Fed signals more rate rises and oil stays above $100. What it means for EUR/USD, GBP/USD and USD/CAD.
Read the latest pieceEuro Under Pressure as French Budget Hits Its First Hurdle
The euro is under pressure as France’s budget hits its first hurdle. What the ECB’s meeting record and the Bank of England are telling us about the pound-to-euro rate.
Read the pieceThe Euro in October: Why Rising Inflation Is Hurting It Against the Pound and the Dollar
Eurozone inflation hit 3.8%, yet the euro barely moved. Why France's borrowing costs are weighing on the euro against the pound and the Dollar.
Read the pieceThe Fed Narrative Shifts, and the Budget Starts to Weigh on Sterling
Williams cools October, PCE rounds down, and our base case is a December hike. In the UK, halved headroom has the Budget weighing on the pound. Payrolls tomorrow.
Read the pieceGBP/EUR Ahead of the Autumn Budget: Hedging Options for Euro Buyers
GBP/EUR is holding firm, but the UK Budget on 28th October brings real two-way risk. What is driving the pound and the euro, and the main ways to hedge your euro costs.
Read the pieceOctober 2026 Economic Calendar: The Key Dates for the Pound and the Euro
The key UK, eurozone and US dates for October 2026, from eurozone inflation to the UK Budget and the ECB decision. Each one is explained in plain English, with what it could mean for the pound and the euro.
Read the pieceThe Great British Pound Market Insight | 28th September 2026
Sterling steadies after September’s fall. We look at what is driving the Pound, the data to watch this week and what it means for upcoming currency payments.
Read the pieceThe BoE Holds, the BoJ Hikes, and November Comes Into Play
The BoE held 6-3 as the BoJ hiked to a 31-year high. Why our base case is now a November hike, and why we expect the yen to continue weakening.
Read the pieceThe Fed's September Meeting Comes Down to a Tenth of a Percent
A 0.3 core CPI print on Friday likely forces a September Fed hike and a 0.2 spares it. Why October is not live, oil near $100, and what it means for the dollar.
Read the pieceJackson Hole: The Dollar's Next Test
The Treasury's bond buyback pushed the Dollar to a three-month low and the rally unwound in a day. Why Warsh at Jackson Hole is now the Dollar's next test.
Read the pieceCanadian 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 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.
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