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Are markets too confident in a September Fed rate cut? Yes. But are central banks too nervous about another inflation wave? Also, yes, argues James Smith. He’s got a bone to pick this week, as the...
A fifth straight decline in initial jobless claims places even more emphasis on Tuesday’s CPI data to vindicate markets' residual bets on a September Fed cut. The consensus view has now emerged: a...
The US dollar downtrend is pausing for breath. Fresh updates on US tariff levels are having a diminishing marginal impact on FX markets, and instead, macro factors are making a comeback. Here, we...
Today’s June Fed minutes will answer this question. Unless something remarkable emerges, the tariff story itself seems unable to significantly steer the US dollar for now, as markets retain a...
Thinking about prop trading but not sure where to kick things off? You’ve come to the right place. Prop firms want traders who can deliver steady profits and survive the occasional drawdown and the...
The US dollar begins 2025 with its weakest start since 1973 while the Swiss franc approaches its 2011 high of 1.3125 against the dollar. Each week, the Syz investment team takes you through the last...
Today's FX market focus is squarely on the June US jobs report. Does a consensus +110k release provide cover for Fed Chair Powell to continue resisting pressure to cut rates? Or will a weak number...
Yesterday’s US data (JOLTS and ISM manufacturing) were stronger than expected, but this provided only limited support for a US dollar still suffering from an asymmetrical negative bias. To watch...
EUR/USD rally continues despite Fed’s hawkish stance and lack of rate cuts so far. Trump may announce a pro-cut Fed Chair nominee, adding pressure on Powell’s position. Key US jobs data arrives...
Yesterday’s US data was a mixed bag, failing to unequivocally endorse the recent speculation on Fed rate cuts. Today, focus will be on the PCE, personal spending and more Fedspeak. EUR/USD has its...
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