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The GBP/USD is in focus ahead of this week’s key events: FOMC and BoE rate decisions. We also have UK CPI and retail sales, as well as global PMI figures to look forward to this week. The BoE...
The EUR/USD pair is getting closer to an important demand zone GBP/USD could test an area near the 'correction equilibrium' zone Meanwhile, EUR/PLN's rally still has legs As we move into September,...
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 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...
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...
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...
US market rates fell after the Federal Reserve decision but this looks more like a market positioning effect than anything specific from the meeting. Expect some retracement. Both the European Central...
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