As the seasons holidays draw near, we could expect the market slowing down as a number of markets will be closing and most releases concentrating after New Year’s day. Hence we grab the...
The USD weakened against a number of its counterparts yesterday, as a subdued outlook on US interest rates and the economy weighed on the greenback. The Fed’s outlook accelerated the slide of the...
The FOMC hiked rates as was widely expected yesterday, raising interest rates by 25 basis points from 2.25% to 2.50%. Analysts point out that the markets were surprised by the Fed’s commitment to...
The FOMC is expected to hike rates today (19:00 GMT) by 25 bp elevating its interest rate to the level of 2.50%, and currently FFF currently imply a probability for such a scenario of 71.9%....
The USD weakened yesterday ahead of the FOMC’s interest rate decision on Wednesday, as it may be expecting a more cautious tone for the US economic outlook by the Fed. The Fed is expected to hike...
The fundamentals of this week could include further developments regarding Brexit and the US Sino trade relationships, however the markets could have their attention turned to the financial...
The USD strengthened on Friday riding a wave of uncertainty, as weaker than expected data from China and the Eurozone were released. Also the possibility of a US government shutdown seems to have...
As was widely expected, ECB remained on hold at 0.0% yesterday and during the announcement of the decision there was little volatility for EUR. The accompanying statement, had few changes with...
Cable rallied yesterday as the Tory party held a confidence vote for Theresa May’s leadership, yet she survived. The confidence vote was held in a secret ballot and Theresa May won the support of...
Cable dropped even lower yesterday, as Brexit fundamentals continued to keep the pound under pressure, despite a positive employment report for the UK. Reports that a leadership contest within the...