Can the Bank of Canada hike rates and take pressure off the FOMC next week?
Can the Bank of Canada hike rates and take pressure off the FOMC next week? https://youtu.be/nYGBDuNArUE Richard Matthews from Pardus...
Richard Matthews is closing in on 50 years of experience in the financial markets, having started as a board boy on leaving school in 1973. Richard began his career at a blue-chip stockbroker called Phillips and Drew, now part of UBS.
He furthered his market education at money brokers RP Martin, where he initially was a deposit broker before setting up and managing a foreign exchange arbitrage desk. From the money markets, Richard entered the nascent futures market in 1982. By the mid-1990s, he had built one of the most successful Financial Futures operations in London, in association with Prebon Yamane, before buying the company with his partner from the group. The business continued to expand before being sold to REFCO, where he stayed long enough to see the company expand beyond all recognition.
Subsequently, he has held senior positions at several foreign exchange companies, including Baydon Hill and Afex. He is married, a Freeman of the City of London and is passionate about helping disadvantaged children in London. He is well known, respected commentator and raconteur and is frequently featured in podcasts.
Can the Bank of Canada hike rates and take pressure off the FOMC next week? https://youtu.be/nYGBDuNArUE Richard Matthews from Pardus...
Employment Data Nonsense During the week, I participated in another episode of Trading Blows with Michael Brown( Pepperstone) and Ioan...
Inflation Remains High in the UK, Can the BOE Do Anything? https://youtu.be/qLvO6cys1Q4 Richard Matthews from Pardus FX sits down with...
Rates are Going Higher and Higher What can one say about the mess the Bank of England finds itself in?...
STAGFLATION in the UK! https://youtu.be/mnnFaaioweg Richard Matthews from Pardus FX sits down with Blake Morrow to discuss the markets and...
Sterling and Arsenal Start Slipping Last Thursday, the Old Lady duly raised rates by 25bp after a vote of 7-2...
The risk for the GBP is NO HIKE from the “Old Lady” https://youtu.be/KvIV5-VJ3zM Richard Matthews from Pardus FX sits down...
Spotlight Falls on Bank of England Last week the Fed and the ECB duly held their respective meetings and delivered...
A Week That Contains Multitudes The month ended last Friday with sterling continuing its good run gaining for the ninth...
Is it the WRONG TIME to own US Dollars? https://youtu.be/u84vI3C_QcI Richard Matthews from Pardus FX sits down with Blake Morrow...
Hike in May and Go Away The state of the UK economy was laid bare for all to see last...
UK Inflation to Surprise to the Upside? https://youtu.be/tqSxudm84_4 Richard Matthews from Pardus FX sits down with Blake Morrow to discuss...
A Lid on the Quid? The dollar continued to lose ground for most of last week against its peers as...
FOMC Minutes Could Move the Market! https://youtu.be/aKTziq2iQwc Richard Matthews from Pardus FX sits down with Blake Morrow to discuss the...
Goldilocks Appears on Good Friday We started last week with the reaction to OPEC+ announcing a cut in oil production...
Are Dollar Bears Too Early? https://youtu.be/N2P5OvN_4kk Richard Matthews from Pardus FX sits down with Blake Morrow to discuss the markets...
Inflation Worries Are Not Going Away Amongst the many things I didn't think I would be writing about at the...
More confident in the UK Banks than the US Banks! This is how to play it! https://youtu.be/B7SHbUJRmnc Richard Matthews from...
They Think It's All Over After an extremely fraught week which saw a top 30 bank having to be rescued...
The #FOMC Must Raise Rates! https://youtu.be/F8MSxvEJN5k Richard Matthews from Pardus FX sits down with Blake Morrow to discuss the markets...
Phew, That Was a Week That Was! It's not often that you get to the end of the week and...
Between the Devil and the Deep Blue Sea The dollar gyrated wildly last week as it was subjected to the...
Employment Data Ahead The dollar had a mixed week last week despite investors finally waking up to the fact that...
Inflation is High, Stocks Should Not Ignore This! https://youtu.be/CU4sbXaLnQc Richard Matthews from Pardus FX meets with Blake Morrow to discuss...
No Light at the End of the Tunnel The Russian invasion of Ukraine started exactly one year ago last Friday,...
The #GBP is Plagued with Political Risks! https://youtu.be/onjl26_LMxk Richard Matthews from Pardus FX meets with Blake Morrow to discuss the...
Busy Week Ahead Another significant week of data in the UK and the US is now behind us. Yet again,...
The Bank of England is “Old but not Bold” when it comes to Monetary Policy https://youtu.be/nvro6Qb67CM Richard Matthews from Pardus...
St. Valentines Day Data Due The market traded both in currencies and equities traded broadly sideways last week as the...
CPI will bring a “Bloody Valentine’s Day!” https://youtu.be/X2Gsvdi0TiE Richard Matthews from Pardus FX meets with Blake Morrow to discuss the...
The US Economy Looks for Another Circuit Before Landing Just as everyone, your scribe included, was packing up for the...
How I see the FOMC ECB and BOE post meetings: https://youtu.be/TzRQ_LRXFPc Richard Matthews from Pardus FX meets with Blake Morrow...
Central Bank Bonanza As expected, the markets trod water last week ahead of the central bank bonanza that we are...
There's a Kind of Hush An eerie calm descended on the markets last Friday as traders headed home for the...
Inflation to Drive the Currency Market this Week! https://youtu.be/4_qTWlmRFEo Richard Matthews from Pardus FX meets with Blake Morrow to discuss...
Data Packed Week Ahead As is often the case in markets, we waited all week for a data point, US...
The Market has it Wrong on the Fed! https://youtu.be/Z1zjm0n6ck4 Richard Matthews from Pardus FX meets with Blake Morrow to discuss...
US Inflation Data to Set the Pace As we mentioned last month, the dollar tends to weaken into year-end before...
Inflation Will be "Sticky" at 4%! https://youtu.be/G45CRii3vCg Richard Matthews from Pardus FX meets with Blake Morrow to discuss the markets...
The BANK OF ENGLAND is out of touch! SELL GBP! https://youtu.be/C0JLge1ZkOc Richard Matthews from Pardus FX meets with Blake Morrow...
Into the Home Run Last week’s central bank meetings will undoubtedly set the tone of the markets into the end...
All to Play For this Week... But Sadly Not in Qatar To say that last week was a quiet one...
US Dollar bears are wrong! Here is why! https://youtu.be/Zy79RMJZ03I Richard Matthews from Pardus FX meets with Blake Morrow to discuss...
Looking for flip to long US Dollars very soon! https://youtu.be/igGZ2a3NqiE Richard Matthews from Pardus FX meets with Blake Morrow to...
Plenty to Play For in the Week Ahead A holiday-shortened week saw the dollar give up more ground as players...
Budget Misery For Many Jeremy Hunt presented his first budget as Chancellor last Thursday, which had been cooked up with...
One Swallow Doesn't Make a Summer! Last week was a story of a slow build-up of anticipation ahead of Thursday’s...
Buying Any Major US Dollar Dip! https://youtu.be/IGFcucZi8w8 Richard Matthews from Pardus FX meets with Blake Morrow to discuss the #forex...
The US Economy Still Looking in Rude Health Central Bank week has come and gone, and to be honest, with...
Selling #GBPUSD at the top of the 1.10 to 1.16 range! https://youtu.be/7Fxg5GTUIR8 Richard Matthews from Pardus FX meets with Blake...
Will the Old Lady Spook the Markets? With calm seemingly having broken out amongst the ranks of the Conservative party,...
Still bearish the GBPUSD as we may be at the top of the range! https://youtu.be/wDwee8Oqq-k Richard Matthews from Pardus FX...
Will Boris Endorse Penny? Another week another leader….and really, what a shambles our once proud democracy has become, typified by...
The GBPUSD will not see above 1.1500 near term! https://youtu.be/VX_Tis-lYOo Richard Matthews from Pardus FX meets with Blake Morrow to...
Is Liz Truss in the last Chancellor saloon? Another week and another series of wild trading sessions as volatility continued...
Selling any rally ahead of the 1.1500 level in the #GBPUSD https://youtu.be/4tOaAicKOI8 Richard Matthews from Pardus FX meets with Blake...
All the King's Horses Sterling started last week in seemingly as good a mood as the Red Half of North...
There will be NO FED PIVOT! Keep buying dollars! https://youtu.be/3zMUl17LuvA Richard Matthews from Pardus FX meets with Blake Morrow to...
Quid Games to Continue Wow – what a week that was! Sterling touched an all-time low of 1.0382 during a...
The “Cable Whisperer” strikes again! Calling for below Parity for the GBPUSD! https://youtu.be/QNpSUX5nqxE Richard Matthews from Pardus FX meets with...
Pounds Turn to Ounces As we warned in last week’s report, financial markets duly suffered extreme volatility last week, as...
We are targeting below 1.1000 for the #GBPUSD! https://youtu.be/QUzg6X-lMik Richard Matthews from Pardus FX meets with Blake Morrow to discuss...
Will the Gnomes of Zurich Make a Comeback? Hopefully, the central banking fraternity took advantage of the summer’s opportunities to...
Trust the “Truss” to Drive the GBPUSD Lower! https://youtu.be/Eo2bkYPj0hk Richard Matthews from Pardus FX meets with Blake Morrow to discuss...
New Prime Minister Faces Old Challenges The first part of last week was all about the reaction of the financial...
King Dollar is Back on its Throne Following a weekend of what, for most of us, was decent weather for...
The EURUSD may reach 0.9500! https://youtu.be/Mlx-2eIyINg Richard Matthews from Pardus FX meets with Blake Morrow to discuss the #forex market...
Will the Dollar Continue to Strengthen? The UK got its monthly data MOT last week, which gave mixed signals on...
Targeting the 1.1650 level for the #GBPUSD! https://youtu.be/F-R7E9kYwSo Richard Matthews from Pardus FX meets with Blake Morrow to discuss the...
Weekly Review The market decided last week that inflation had peaked in the US after the Consumer Price Index and...
The “Inflation Reduction Act” will be inflationary! https://youtu.be/-ZtUkUS2dZo Richard Matthews from Pardus FX meets with Blake Morrow to discuss the...
Worrying Times Ahead for Sterling Last week the Bank of England gave one of the gloomiest outlooks that we can...
Sell GBPUSD after the Bank of England this week https://youtu.be/ZtCrWb6UtKs Richard Matthews from Pardus FX meets with Blake Morrow to...
Will Andrew Bailey be Bold? Well, the Fed didn't disappoint when it raised rates as expected by 75bps last Wednesday...
Shorting Rallies in the GBPUSD, Here is Why! https://youtu.be/zgwCC82oMu0 Richard Matthews from Pardus FX meets with Blake Morrow to discuss...
ECB Pulls a Rabbit Out of the Hat. Will the Fed Follow Suit? The European Central Bank surprised the markets...
Politics and Inflation Set to Dominate the Markets Once More Last week was dominated by US inflation and, closer to...
https://www.youtube.com/watch?v=xDz-Owa3t-Q Keep Selling Rallies in the EURUSD and Look For 0.9000! Richard Matthews from Pardus FX meets with Blake Morrow...
A Holiday-Shortened Week Last week saw the dollar continue to fall for the second week running, following six consecutive weeks...
Can the Pound Sustain its Rally? The markets finally woke up to the fact that the Federal Reserve will no...
An Uncomfortable Week Ahead for Sterling Another dramatic week in the financial markets came to a close with both sterling...
A Tale of Two Cities The financial markets had another traumatic week as investors adjusted their portfolios to reflect rising...
Hold Onto Your Hats! It was a brutal week in the currency markets with both sterling and the euro suffering...
The Dollar Continues to Climb Central Banks and their policy choices once again dominated the currency markets last week and...
Inflation Preoccupies the Financial Markets Inflation continues to rise, and it dominated the financial market's headlines for most of last...
Inflation and ECB Set to Hog the Limelight It was a tale of two central banks last week and the...
New Quarter Fresh Uncertainty The first quarter of the year ended last week with geopolitical concerns on the back burner...
Inflation Fears Haunt the Markets Relative calm returned to the currency market last week, with all the major currencies trading...
A Tale of Two Central Banks The Federal Reserve and the Bank of England unsurprisingly hogged the financial headlines last...
Choppy and Volatile Markets in Prospect Last week was one of the most volatile weeks in the financial markets in...
Geopolitics Dominate the World's Financial Markets Last week the world received a jolt in the early hours of Thursday morning...
More Diplomatic Jaw Jaw in Prospect The financial and currency markets were as wild as the weather was last weekend...
https://www.youtube.com/watch?v=2OZFTzhuW0A "The Sea Side View" - Richard Matthews of GC Partners casts an eye on recent events and market moves,...
Financial Markets Get the Jitters A relatively quiet week sparked into life last Thursday afternoon after the release of a...
https://www.youtube.com/watch?v=t7Q_vUgEMW4 "The Sea Side View" - Richard Matthews of GC Partners casts an eye on recent events and market moves,...
Central Banks Start to Bite the Bullet Last week will go down as the week when central banks finally woke...
The Bank of England Steps Into the Spotlight As Last week started, it gave a hint to the world of...
https://www.youtube.com/watch?v=pf7suQLsRfA "The Sea Side View" - Richard Matthews of GC Partners casts an eye on recent events and market moves,...
All Eyes on the US Federal Reserve Risk sentiment gradually worsened last week, and as it did, the dollar became...
https://www.youtube.com/watch?v=sf7Qt2sPz4w "The Sea Side View" - Richard Matthews of GC Partners casts an eye on recent events and market moves,...
Crucial Week for Sterling Ahead Last week was the week when finally the inflation hawks came home to roost in...
https://www.youtube.com/watch?v=9vYoSgvVauw "The Sea Side View" - Richard Matthews of GC Partners casts an eye on recent events and market moves,...
https://www.youtube.com/watch?v=rNOLFawXmF0 "The Sea Side View" - Richard Matthews of GC Partners casts an eye on recent events and market moves,...
The Surprises Keep Coming What is often one of the quieter weeks of the year turned out to be more...
https://www.youtube.com/watch?v=cC5833CQZy8 How Crazy are Bankers' Holiday Parties In this series “Tales from the Trading Desk” long time FX trader, stock/futures/floor...
Central Banks Bear Surprises Last week with contained no less than 30 central bank meetings and certainly ended with some...
https://www.youtube.com/watch?v=tfkux8kfMGw "The Sea Side View" - Richard Matthews of GC Partners casts an eye on the past week's events and...
https://www.youtube.com/watch?v=O9gtZplZBKk End of an Era In this series “Tales from the Trading Desk” long time FX trader, stock/futures/floor broker, Dick...
A Hectic Week in Prospect Sterling slipped during the week as the chances of a base rate increase from the...
Another Week of Covid Worries Ahead As expected, last week’s news headlines and markets movements were dominated by developments concerning...
Nervous Times Ahead Market sentiment got hit for six last Friday as worries over the Omicron variant of Covid surfaced....
Central Bankers Set the Tone As expected, Inflation worries came to the fore in the UK last week after the...
Currency Markets Need Some Good News Last week saw the annual rate of US inflation climb to 6.2%, its highest...
https://www.youtube.com/watch?v=MpMl09U07mA What was it like Trading Black Wednesday in 1992? In this series, “Tales from the Trading Desk” long time...
Can the pound bounce back Sterling had a very poor end to the week, closing almost two cents lower against...
A Whole Week of Fireworks Ahead! The currency markets were mostly in sideways mode over the last week as they...
https://www.youtube.com/watch?v=wujBYcC-Kyg What was the ERM Exchange Rate Mechanism, and how did George Soros use it to brake the Bank of...
European Central Bank to the Fore The Bank of England has been unusually verbose recently, with both Andrew Bailey and...
Central Banks Face a Dilemma Risk sentiment turned more positive last week, helping sterling and the euro recover some of...
What is Black Monday? Black Monday occurred on October 19th, 1987. It will go down as one of the single...
Is the End of Cheap Money Approaching? Last week was, to borrow a phrase from football, a game of two...
The Dollar Rally - Will the Dollar Carry on Smiling? Last week was dominated by the strength of the US...
https://www.youtube.com/watch?v=Melj89Fpdhk Why do Forex Brokers and Traders Love Cars? In this series “Tales from the Trading Desk” long time FX...
A Long Goodbye from Mrs Merkel Central Banks dominated the markets last week with what at times appeared an overload...
https://www.youtube.com/watch?v=VvgJvIcCnnc In this series “Tales from the Trading Desk” long time #FX trader, stock/futures/floor broker, Dick Mathews looks at the...
Five central bank meetings and two elections - a frantic week ahead For much of last week, sterling played second...
https://www.youtube.com/watch?v=WF3iGwls6ro Chicago or London - London or Chicago - Which city has been the most influential to Futures Trading? In...
Sterling performed well last week, ending slightly better against both the dollar and the euro. It was encouraged higher in...
https://www.youtube.com/watch?v=TIestAzYDB4 Richard "Dick" Matthews joins Blake Morrow from Traders Summit for round 6 of "Tales from the Trading Desk". In...
The dollar weakened all of last week in reaction to the perceived dovish tone from the Federal Reserve led to...
https://www.youtube.com/watch?v=ho_IVe_GgdA Richard "Dick" Matthews from GC Partners joined Blake Morrow on this latest episode of Tales from the Trading Desk....
As was widely predicted, the currency markets traded sideways for much of last week as they awaited the Federal Reserve’s...
https://www.youtube.com/watch?v=EjqPuuXy5TU We have all seen the movie Wolf of Wall Street, and of course heard of stories of their crazy...
Last week the markets were overshadowed by the events unfolding in Kabul and across Afghanistan. With chaos seemingly engulfing the...
https://www.youtube.com/watch?v=4N7utGUI5ok What happened to the financial markets in the 1970's when the power went out? Answer: Nothing! The Markets kept...
Sterling enjoyed a solid week last week, touching its highest levels against the euro for 18 months in quiet trading...
What was a Forex Trading Interview like in 1975? https://www.youtube.com/watch?v=62siSQVQfMg Have you ever wondered what a Forex Trading Interview was...
As expected, two events dominated the market's last week the monthly meeting of the Bank of England's Monetary Policy Committee...
What was it like being a Stock Broker in the 1970's? https://www.youtube.com/watch?v=qYUwtOZiTnU What was it like being a stock broker...
Last week, the dollar put in its worst performance this year after the Federal Reserve meeting was perceived as less...
The dollar reigned supreme for most of last week as the markets oscillated between optimism and pessimism as worries over...
Europe takes centre stage in the week ahead The currency markets had a quiet time last week, which is hardly...
Markets start to change tack on inflation In the last week, the focus for many traders has switched from fears...
After a week that saw consistent buying of the dollar, encouraged by mid-week rebalancing needs, there was a bout of...
The pound ended the week back where it started against the dollar has opened at $1.3925 this morning. In mid-week,...
Currencies continued to trade in the familiar tight ranges we are getting used to for most of last week as...
After a week of anticipation, the non-farm payroll report came in at a slightly disappointing level and encouraged sellers of...
As the UK slowly returns to normality, the currency markets continued to worry last week about the impact of this...
Last week was primarily dominated by the debate over when the Federal Reserve will taper its asset purchases, in other...
The market spent the last week trying to interpret the mixed signals coming from the US economy. The hotly anticipated...