US Inflation Rates in the Spotlight
The all-important US inflation data is out today and the report could provide fresh insights on the timing of the Federal Reserve’s (Fed) policy shift.
Universal Partners FX Ltd is authorised by the Financial Conduct Authority as an Authorised Payment Institution under the Payment Services Regulations 2017. Our FCA Firm Reference Number is 820037.
For some clients based in the United Kingdom and rest of the world, payment services and e-money services for Universal Partners FX Ltd are also provided by The Currency Cloud Limited. Registered in England and Wales No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199).
For clients based in the European Economic Area, payment services for Universal Partners FX Ltd are provided by CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 – 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of an electronic-money institution (Relation Number: R142701).
For clients based in the United States, payment services for Universal Partners FX Ltd are provided by The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorised in 39 states to transmit money (MSB Registration Number: 31000206794359). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011.
© Copyright Universal Partners FX 2023 | All Rights Reserved | Universal Partners FX Ltd, The South Quay Building, 77 Marsh Wall, Canary Wharf, London, E14 9SH, United Kingdom. Registered in England & Wales, number: 10674030.
The all-important US inflation data is out today and the report could provide fresh insights on the timing of the Federal Reserve’s (Fed) policy shift.
Jerome Powell, Federal Reserve Chair, is scheduled to testify before Congress this week and this could cause increased volatility for the USD.
The US dollar (USD) has recovered modestly as market focus now shifts to the second estimate of the annualised fourth-quarter Gross Domestic Product (GDP) growth.
The EUR/USD has come under pressure ahead of the Federal Open Market Committee (FOMC) minutes due out on Wednesday.
The US dollar (USD) gained on Thursday after remaining flat on Wednesday.
Market participants and currency traders will focus on the Fed’s interest rate decision today.
The GBP/USD pair has dropped sharply during the early European session on Wednesday following weaker-than-expected data.
By Katie Oliver
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.
By Katie Oliver
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.
By Katie Oliver
The Japanese yen rose temporarily yesterday against the US dollar, as rumours about a possible intervention in the FX market spread.
Universal Partners FX Ltd is authorised by the Financial Conduct Authority as an Authorised Payment Institution under the Payment Services Regulations 2017. Our FCA Firm Reference Number is 820037.
For some clients based in the United Kingdom and rest of the world, payment services and e-money services for Universal Partners FX Ltd are also provided by The Currency Cloud Limited. Registered in England and Wales No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199).
For clients based in the European Economic Area, payment services for Universal Partners FX Ltd are provided by CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 – 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of an electronic-money institution (Relation Number: R142701).
For clients based in the United States, payment services for Universal Partners FX Ltd are provided by The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorised in 39 states to transmit money (MSB Registration Number: 31000206794359). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011.
© Copyright Universal Partners FX 2023 | All Rights Reserved | Universal Partners FX Ltd, The South Quay Building, 77 Marsh Wall, Canary Wharf, London, E14 9SH, United Kingdom. Registered in England & Wales, number: 10674030.