The UK Government’s £15 billion support for lower income households bolsters the Bank of England’s rate hike path as it endeavors to reign in inflation
Global markets are taking full advantage of cooling Federal Reserve rate hike expectations. The Nasdaq 100 is soaring and the US Dollar is tanking. Are traders getting ahead of themselves? Eyes are…
There was some much needed respite among the major global equity indices this past week, but that relief was likely a by-product of the liquidity drain before a holiday weekend. With growth forecas…
The Euro saw its best two-week performance since January as the markets boosted ECB rate hike bets and cooled Fed tightening expectations. EUR/USD still faces multiple obstacles next.
Gold prices may continue to recover in the coming days if U.S. economic data worsens and cools bets for a more aggressive Federal Reserve monetary policy outlook.
The Canadian Dollar may continue to pull back unless the BOC manages a convincing hawkish surprise at the upcoming monetary policy announcement. That looks like a tall order.
The Australian Dollar has a solid fundamental backdrop for now, but external factors continue to bump the currency around. Will AUD/USD take its own path?