Pound sterling analysis and talking points More uncertainty around the BoE on Fed guidance (Jerome Powell) makes US dollar conditions more interesting. US economic data including NFP and ISM to further clarify the picture. Will the rising wedge strike again? Recommended by Warren Venketas Get your GBP forecast GBP/USD Basic Forecast: BEARISH Trade Smart – … Read more
EUR/USD price, analysis and charts The US dollar is on the back foot after Tuesday’s weaker-than-expected inflation rate. Comments from Fed Chair Powell and ECB President Lagarde will be key. Recommended by Nick Cawley How to trade EUR/USD The latest U.S. inflation report showed inflation easing in November; Falling oil prices will help reduce the … Read more
By Ian Withers LONDON, Nov 23 (Reuters) – The US dollar held firm on Wednesday ahead of the release of minutes from the Federal Reserve’s latest policy meeting, with the New Zealand dollar strengthening on the back of a record high to curb high inflation. . The U.S. dollar index, which measures the currency against … Read more
* The dollar index is at a two-decade high * Euro returns to two-decade lows By Dhara Ranasinghe LONDON, Sept 21 (Reuters) – The dollar hit a two-decade high on Wednesday as comments from Russian President Vladimir Putin loomed ahead of another potentially aggressive rate hike from the U.S. Federal Reserve, roiling markets. Putin has … Read more
Last week’s shopping package After the volatility we saw last week, with the ECB raising interest rates by 0.50% and the retreat of the US dollar eliminating the possibility of a 100 bps rate hike by the FED, markets turned their attention to the FOMC meeting this Wednesday. Everything was quiet yesterday with traders undecided … Read more
Yesterday’s Market Pack After the FED decided to raise interest rates by 75 bps on Wednesday evening, the USD was in a strong recession as the currency fluctuated. We saw that market sentiment continued yesterday, believing that there would be no such big walk in the near future. New Zealand’s Q1 GDP surprised the market … Read more