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If the beleaguered euro and yen did not have enough to worry about already, they now have to cope with Brent oil trading above $90/bl as the Saudis extend their supply cuts through to year-end. Unless...
The US Dollar appears poised to continue to move lower after latest economic data The euro, on the other hand, has been pricing in the possibility of further rather hikes from the ECB Meanwhile,...
The ECB hawks have stepped in to revive depressed rate expectations, but markets are opting for data dependency, and EUR/USD is set to face two key risk events with eurozone inflation figures before...
US dollar has broken out ahead of Powell's speech Meanwhile, EUR/USD is eyeing a trend reversal USD/JPY's rally has fizzled out Throughout the first half of the week, the US Dollar index maintained...
Another day brings another set of data to support further Fed tightening. That should be the main story with the release of US personal income data and the core PCE deflator for May. Barring a data...
Fed may pause interest rate hike cycle at Wednesday meeting Meanwhile, ECB could hike with 2008 peak in question EUR/USD could move up following expected decisions by both banks The releases of US and...
USD: Be careful chasing the dollar reboundThe release of quarterly earnings in the US continues to paint a better picture for American corporates, with big tech companies beating estimates yesterday....
FX markets continue to be buffeted by opposing forces and are struggling to define short-term trends. Despite some positive Chinese activity data, Asian currencies are not rallying, suggesting that...
Markets have been more stable so far this week, as investors’ assessment of the risks to European lenders have improved. This has supported the European stock markets and the single...
In this week’s newsletter, we’re going to provide you with an inflation update based on some of last week’s important data releases and also share some general thoughts on risk...
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