26.09.2022
Chicago 12, Melborne City, USA
Business

Dollar Soars as Equity Markets Struggle to Remain Afloat

The stock market across the US and Europe stumbled last week after the US dollar (USD) jumped to a multi-decade top, with bonds suffering a sell-off. This comes as the US Federal Reserve increases its interest rates to tame ballooning inflation as many economies go into recession. The Dow Jones came close to triggering a […]

Read More
Politics

Shot Across the Bow, Japan Intervenes Against Surging Dollar

Weekly Economic & Financial Commentary. Shot Across the Bow, Japan Intervenes Against Surging Dollar Skip to content:

Read More
Politics

US Dollar Index Reaches Highest Level Since June 2002 ahead of the Fed

US Dollar Index Reaches Highest Level Since June 2002 ahead of the Fed Skip to content:

Read More
Business

US Dollar Aggressively Bullish Ahead of US Fed Policy Meeting

The dollar (USD) maintained a firm position near a two-decade high against most of its counterparts on Tuesday, as money markets brace for another aggressive interest rate hike by the US Federal Reserve tomorrow. The US Dollar Index (DXY), which tracks the performance of the greenback against six other major currencies, currently trades up at […]

Read More
Business

Dollar Emerges as Biggest Winner Following CPI Release Last Week

Reactions from money markets suggest that the higher-than-expected consumer inflation data from the US last week have cemented nothing less than a 75 basis point rate hike by the US Federal Reserve in its next meeting. The US dollar (USD) ended the week as the strongest currency, as it was propped by intense risk flight […]

Read More
Business

British Pound Prints New September as Dollar Stumbles

The British pound (GBP) continued its bullish recovery against the US dollar (USD) on Tuesday, despite recent economic data showing Britain’s employment boom was slowing. This was likely due to the perceived weakness in the dollar ahead of updates on US inflation later today, which could determine the US Federal Reserve’s course of action. The […]

Read More
Politics

King Dollar Feeds Off Aggressive Fed

King dollar’s scorched-earth ascent to a fresh 20-year peak has clobbered broad swathes of global financial markets, with dollar-denominated assets clearly bearing the brunt. Spot gold has returned to the sub-$1700 domain, Brent futures have tumbled to their lowest since February, while bitcoin is on the cusp of erasing almost all of its summer gains. […]

Read More
Business

British Pound Loses 1.1600 Base Against Dollar As Economic Woes Persist

The British pound (GBP) extended its decline against the dollar (USD) on Thursday as it fell to its lowest point since March 2020. This comes as clouds gather above the British economy. The GBP breached the 1.1600 mark, falling as low as 1.1549 — the low of the COVID-19 pandemic period — in the early […]

Read More
Business

Euro Returns Above Dollar Parity as Traders Anticipate Big ECB Rate Hike

The euro (EUR) reclaimed its footing above parity against the dollar (USD) on Tuesday as traders turned their focus to Germany’s inflation data, which should give indications of the likelihood of an aggressive interest rate hike decision by the European Central Bank (ECB) . At press time, the EUR/USD pair trades up by 0.32% today, […]

Read More
Politics

Dollar Mixed Awaiting Fed Powell, Europeans Staying Soft

Dollar Mixed Awaiting Fed Powell, Europeans Staying Soft |: Forex robots store: Skip to content:

Read More