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It’s a busy week on the calendar with inflation taking centre stage. With a wide list of countries reporting their latest price changes, focus on the end of the week will shift towards the US as...
U.K. inflation is highest among G7 countries and inflation in Eurozone is expected to stay elevated until 2025 This is set to ensure a hawkish policy until inflation is under control Meanwhile,...
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...
The GBP/USD has found a new breath in recent days as the currency dominates the FX space heading into the Bank of England (BOE) meeting this Thursday. GBP/USD is hovering around a 14-month high, just...
GBP/USD hovered around a 14-month high vs the U.S. dollar at the start of this week. Traders and investors are looking at the Bank of England and wondering if its rate decision will fuel the uptrend...
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...
The S&P 500 closed down 1.8% yesterday led by financials (-4%). Heavy losses for SVB Financial (NASDAQ:SIVB), a California-based lender to the venture capital industry, are raising questions over...
USD/JPY is picking up some upside momentum once again after BOJ leadership candidate Kazuo Ueda appeared in front of parliament last week. He supported the current ultra-loose monetary policy as...
USD: A delicate balance Another day and another piece of positive US activity data. Yesterday saw a strong January retail sales release. Though boosted by warmer weather, the data still positively...
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