After a brief correction, the U.S. dollar regains strength, hitting a two-decade high in July, with broad implications for global financial markets. The U.S. dollar has been appreciating against other currencies since mid-2021, but the fastest rate of increase came after Russia invaded Ukraine. The dollar index, which measures the U.S. greenback against a basket … 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 This was a bank holiday in the United States, which meant that the US markets were closed yesterday, so it was very quiet. Most major currency pairs end where they start after jumping up and down. Commodities such as gold, silver, and crude oil have made some good gains, although the main … Read more