• In the US, the FOMC is widely expected to raise rates. Given that such a move is almost fully priced in, market action may come from the updated signals regarding the rate path.
The US economy added 235k jobs in February data showed on Friday, more than the consensus for 190k, and a number consistent with further tightening in the labor market. Meanwhile, January’s figure...
• BoE is to announce it’s interest rate decision on Thursday and is expected to remain on hold at +0.50%. Currently, the probability of BoE remaining on hold seems to be at 88.53% as implied by...
With last week providing a pleasant surprise for traders at the last day, the new one begins with new hopes for better days. Finally, there seems to be some light at the end of the tunnel for...
The pound rallied against the USD yesterday, posting one of its strongest daily movements in 7 months, reaching a two-week high. Irish Prime Minister Leo Varadkar stated yesterday, that a Brexit...
During the Asian session today, safe havens such as the JPY weakened and commodity currencies like the Aussie gained as hopes about a possible “small” US-Sino deal were enhanced. Bloomberg...
The pound weakened substantially yesterday as the hopes for an agreement in Brexit seem to be dimming constantly. It would be indicative of the situation that media yesterday reported that Angela...
As per media, chances for a deal seem to have lowered as the US government blacklisted Chinese companies for the treatment of Muslim ethnic minorities by the Chinese government. The move is...
USD/JPY opened with a negative gap today, albeit corrected somewhat during the Asian session, as headlines emerged about the US-Sino negotiations. The two economic super powers are to resume...
With last week intensifying fears of a possible US economic slowdown, the Eurozone showing further signs of weakness and Brexit entering another crucial phase, we expect the next week for further...