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.
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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
The AUD/USD pair has strengthened as market risk sentiment has improved and the dollar has weakened.
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 European Central Bank is releasing its interest rate decision today and markets anticipate the central bank to remain on hold.
By Katie Oliver
The pound (GBP) continued to rise on Tuesday as market sentiment has improved and the UK reported relatively better-than-expected data.
By Katie Oliver
GBP recovered and attracted investor interest after the release of the United Kingdom’s ONS reported on inflation.
By Katie Oliver
The US dollar Index moved slightly higher immediately after the release of the Producer Price Index (PPI) but has now eased.
By Katie Oliver
EUR/USD currency pair remained strong despite the softer than expected German inflation data. The inflation data has been released by the Federal Statistical Office of Germany. The release is important as it will provide fresh insights on the Eurozone economy and affect the ECB’s policy. German inflation report Inflation in Germany, as measured by the…
By Katie Oliver
The US Federal Reserve will announce its interest rate decision later today at 18:00 GMT, while Chair Powell will start his press conference at 18:30 GMT. Markets expect the US central bank to maintain rates unchanged at 5.25%-5.50% and signal a hike in November. This is because the Fed feels that inflation and the labour…
By Katie Oliver
After Monday’s uncertainty, markets remain volatile early Tuesday with investors being cautious ahead of this week’s key central bank meetings.
© 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. 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 clients based in the United Kingdom and rest of the world, payment 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)