Tag: Index Dollar

The biggest concern is the tension between inflation and peak employment – Jerome Powell

The biggest concern is the tension between inflation and peak employment – Jerome Powell The biggest concern is the tension between inflation and peak employment – Jerome Powell

The panel in which Federal Reserve Chairman Jerome Powell participated today has officially ended with his final remarks highlighting that his greatest concern is the tension between inflation and maximum employment. In addition, he said that managing through that process in the next two years is going to be very difficult. Market implications Markets are […]

GBP / USD recovers rapidly towards 1.3550, lacks continuation

GBP / USD recovers rapidly towards 1.3550, lacks continuation GBP / USD recovers rapidly towards 1.3550, lacks continuation

GBP / USD tries to bounce but is still vulnerable. The USD advances while European equities rebound. Brexit and the fuel crisis in the United Kingdom limits the rebound of the pair before Bailey and Powell. The pair GBP/USD it is seeing good moves in both directions at the start of the European session on […]

Look for a sustained move below key support at 1.1665

Look for a sustained move below key support at 1.1665 Look for a sustained move below key support at 1.1665

EUR / USD remains exposed to further downside risks. The USD takes a breather, but returns are still supported by the bullish Fed. The eurozone energy crisis will weigh on the pair amid a break to the downside on the daily chart. EUR / USD is reversing the rebound of the Asian session, as risks […]

Forex Today – Asian Session: Dollar Bulls Take Over Amid Renewed Growth Fears

Forex Today – Asian Session: Dollar Bulls Take Over Amid Renewed Growth Fears Forex Today – Asian Session: Dollar Bulls Take Over Amid Renewed Growth Fears

What you need to know on Wednesday, September 29: Risk aversion took hold of the financial markets and the US dollar was the outright winner. The depressing mood was triggered by a number of factors linked to a slowdown in the global economic recovery. Power outages in China have been attributed to rising coal prices, […]

Policy normalization may be faster than after the 2008/09 financial crisis – Bullard

Policy normalization may be faster than after the 2008/09 financial crisis – Bullard Policy normalization may be faster than after the 2008/09 financial crisis – Bullard

The president of the Federal Reserve of St. Louis, James Bullard, claimed in an interview Tuesday that robust expansion will continue through 2022 and it will take time for labor supply problems to be fixed. He stated that a more aggressive Fed would guarantee a longer expansion. Bulllard sees two interest rate hikes in 2022, […]

USD / JPY retreats from two-month highs near 111.45 amid worsening sentiment

USD / JPY retreats from two-month highs near 111.45 amid worsening sentiment USD / JPY retreats from two-month highs near 111.45 amid worsening sentiment

USD / JPY retreats amid the return of risk aversion, as the energy crisis intensifies. The US dollar retreats with Treasury yields, the optimism of the Fed continues to prop up the USD. USD / JPY remains at the mercy of yield dynamics and risk trends ahead of Powell. USD / JPY retreats from two-month […]

Forex Today – Asian Session: Week Starts In Slow Motion As Investors Wait For New Catalyst

Forex Today – Asian Session: Week Starts In Slow Motion As Investors Wait For New Catalyst Forex Today – Asian Session: Week Starts In Slow Motion As Investors Wait For New Catalyst

What you need to know on Tuesday, September 28: The week started in slow motion, with the dollar falling modestly against high-yielding rivals, but rising against the yen. The latter was hit by the rise in US Treasury yields, as the 10-year yield rose to 1.51%, its highest level since July. USD / JPY is […]

WTI hits monthly highs near $ 73.55 on supply concerns

WTI hits monthly highs near $ 73.55 on supply concerns WTI hits monthly highs near $ 73.55 on supply concerns

WTI posted gains for the fourth day in a row on Friday. The rally in the US dollar puts pressure on higher levels. Higher demand for energy, tight supply and falling US inventories favor WTI. Crude oil WTI continues to move higher and continues on track to rise around 2% on the week. Prices are […]

Dollar rallies as Evergrande shakes gloomy sentiment, focus is on Powell

Dollar rallies as Evergrande shakes gloomy sentiment, focus is on Powell Dollar rallies as Evergrande shakes gloomy sentiment, focus is on Powell

This is what you need to know to trade today Friday, September 24: The appetite for risk of the last American session cooled slightly in the Asian session this Friday, as the current uncertainty around the destination of the indebted Evergrande in China it put investors in limbo. Asian markets were mixed, while S&P 500 […]

Forex Today – Asian session: Risk appetite takes its toll on the dollar

Forex Today – Asian session: Risk appetite takes its toll on the dollar Forex Today – Asian session: Risk appetite takes its toll on the dollar

What you need to know on Friday, September 24: Market sentiment improved substantially, following news that Chinese real estate giant Evergrande will likely restructure to avoid default. In addition, the local government is willing to provide other support, while a unit of the troubled company has promised to pay interest on time. The US dollar […]