Annualized consumer price inflation (CPI) continued to push higher in November as expected, though core inflation unexpectedly held steady, official data showed on Thursday.
U.S. consumer prices moderated in November, but the underlying trend continued to point to firming inflation pressures amid rising rents, which could support more interest rate increases from the Federal Reserve next year.…
]]>
Annualized consumer price inflation (CPI) continued to push higher in November as expected, though core inflation unexpectedly held steady, official data showed on Thursday.
U.S. consumer prices moderated in November, but the underlying trend continued to point to firming inflation pressures amid rising rents, which could support more interest rate increases from the Federal Reserve next year.…
]]>
The USD climbed to a 3 week high against the Japanese Yen today as bond yields reached their highest since June and a stock sell off was spurred by remarks made by senior Federal Reserve officials who had implied a US near-term interest rate hike was very much in the picture.…
]]>
The USD climbed to a 3 week high against the Japanese Yen today as bond yields reached their highest since June and a stock sell off was spurred by remarks made by senior Federal Reserve officials who had implied a US near-term interest rate hike was very much in the picture.…
]]>
- Dollar Index falls to 7-week low
The U.S. Dollar Index fell forcefully on Thursday to fresh post Brexit lows, as remote trade dealers analysed the minutes of recent meetings from the Federal Reserve and the European Central Bank for indications of a clear signal from the two national banks.…
]]>
- Dollar Index falls to 7-week low
The U.S. Dollar Index fell forcefully on Thursday to fresh post Brexit lows, as remote trade dealers analysed the minutes of recent meetings from the Federal Reserve and the European Central Bank for indications of a clear signal from the two national banks.…
]]>
The Japanese yen has grown above 100 to the dollar for the second time this week as the US currency’s campaign to escape a previous 3 month low that was stalled after the released Fed minutes signalled that officials were divided on the topic of how soon an interest rates hike should be performed.…
]]>
The Japanese yen has grown above 100 to the dollar for the second time this week as the US currency’s campaign to escape a previous 3 month low that was stalled after the released Fed minutes signalled that officials were divided on the topic of how soon an interest rates hike should be performed.…
]]>
The Japanese yen was seen weaker against the US dollar in the currency market afternoon trading sessions, as it traded at 100.95 at 2:26 pm. The Japanese yen previously hit a high of 100.14 in an earlier session subsequently orbiting levels around 99.68 against the dollar before it began its decline.…
]]>
The Japanese yen was seen weaker against the US dollar in the currency market afternoon trading sessions, as it traded at 100.95 at 2:26 pm. The Japanese yen previously hit a high of 100.14 in an earlier session subsequently orbiting levels around 99.68 against the dollar before it began its decline.…
]]>
- Fed funds futures now pricing rate hike chance at 6%
- CME FedWatch Tool places rate hike chance at 45%
With the Feds slowly killing all hopes of a rates hike anytime soon, the dollar today fell against many major currencies, the dollar was also largely undermined by the recent soft US economic data that rattled the anticipation for an interest rate hike this year by the Federal Reserve Bank.…
]]>
- Fed funds futures now pricing rate hike chance at 6%
- CME FedWatch Tool places rate hike chance at 45%
With the Feds slowly killing all hopes of a rates hike anytime soon, the dollar today fell against many major currencies, the dollar was also largely undermined by the recent soft US economic data that rattled the anticipation for an interest rate hike this year by the Federal Reserve Bank.…
]]>
- Weaker PPI and Core PPI in the US
- CFTC reveals declining long positions for USD
On the 12th of August the market witnessed a noticeable decline in favourable bets on the US dollar for the second consecutive week, as investors are sceptical on the issue of a rates hike by the Federal Reserve Bank this year due to the better than expected US Non-Farm Payrolls release for last month.…
]]>
- Weaker PPI and Core PPI in the US
- CFTC reveals declining long positions for USD
On the 12th of August the market witnessed a noticeable decline in favourable bets on the US dollar for the second consecutive week, as investors are sceptical on the issue of a rates hike by the Federal Reserve Bank this year due to the better than expected US Non-Farm Payrolls release for last month.…
]]>
- US Economy not yet in the clear
- Dollar weak against other majors
Investors watched the dollar maintain a range throughout Thursday as they waited for a more definitive hint on the course of action concerning the US Fed rates hike.
The WSJ Dollar index, a tool that is used to measure the US dollar against 16 other major currencies was flat as the USD faltered against higher yielding currencies.…
]]>
- US Economy not yet in the clear
- Dollar weak against other majors
Investors watched the dollar maintain a range throughout Thursday as they waited for a more definitive hint on the course of action concerning the US Fed rates hike.
The WSJ Dollar index, a tool that is used to measure the US dollar against 16 other major currencies was flat as the USD faltered against higher yielding currencies.…
]]>
The mounting pressure between the stimulus upgrades made by the Bank of Japan and the Bank of England combined with the very positive US Non-Farm Payroll numbers released last week has restored monetary policy advantages and risk appetite, the question on every investor’s mind is whether the current market atmosphere can survive faltering confidence.…
]]>
The mounting pressure between the stimulus upgrades made by the Bank of Japan and the Bank of England combined with the very positive US Non-Farm Payroll numbers released last week has restored monetary policy advantages and risk appetite, the question on every investor’s mind is whether the current market atmosphere can survive faltering confidence.…
]]>
- Dollar strengthens on NFP release
- Positive vibes for the US Economy
A busy week for global economic reports and releases came to an end with the US Non-Farm Payrolls going above and beyond to reassure investors of the stable health of the US economy as it heavily outpaced market estimates for July with the US Labour Department today reporting that the economy added 255,000 jobs.…
]]>
- Dollar strengthens on NFP release
- Positive vibes for the US Economy
A busy week for global economic reports and releases came to an end with the US Non-Farm Payrolls going above and beyond to reassure investors of the stable health of the US economy as it heavily outpaced market estimates for July with the US Labour Department today reporting that the economy added 255,000 jobs.…
]]>