USD to Weaken If US CPI Rates Disappoint
The USD has remained steady against its major rivals and financial markets are moderately quiet as investors await the release of the US inflation data.
Tag: Federal Reserve
Investors Focus on Federal Reserve Monetary Policy Decision
All eyes are on the Federal Reserve’s policy decision, and investors will closely watch Chair Jerome Powell’s speech for guidance on further tightening.
USD/JPY Drops after Fears of FX Intervention
The Japanese yen rose temporarily yesterday against the US dollar, as rumours about a possible intervention in the FX market spread.
USD/JPY: The Second Most Traded Currency Pair in the World
In this article, we will focus on the second most traded currency pair in the world, the USD/JPY pair.
All Eyes on US CPI for July on Thursday
The US dollar remained flat towards the end of Wednesday and ahead of US inflation data on Thursday.
Sterling Faces Challenges as UK Inflation Data Takes Centre Stage
Pound Sterling has been grappling with significant challenges ahead of the upcoming UK inflation data.
US Inflation Report Influences USD and Fed Rate Outlook
The US Consumer Price Index (CPI) figures will be released today on Wednesday at 12:30 GMT by the US Bureau of Labour Statistics (BLS).
ECB Forum: Central Bank Heads Hint at Further Rate Hikes Ahead
BoE Governor Andrew Bailey, Fed Chair Jerome Powell and ECB President Christine Lagarde all said that there is a possibility of further rate hikes ahead.
EUR/USD Could Rise Higher if ECB is Hawkish
The European Central Bank (ECB) is expected to raise key rates by 25 basis points which could provide support for the euro.
USD Weakens Ahead of Fed Rate Decision
It is widely anticipated that on Wednesday, Federal Reserve officials will raise borrowing costs by a quarter of a percentage point, marking the 10th consecutive rate increase since March 2022. However, there is speculation among investors and economists that this may be the central bank’s final action before taking a pause. The US dollar has…