Fed Raised 75 bp, BOE Is Expected To Follow Today
U.S. Dollar Index (USDX) The U.S. dollar eased slightly on Thursday as investors digested the possibility that the Federal Reserve may raise interest ...
ECB Might Follow The Fed For The 75 bp Hike
U.S. Dollar Index (USDX) The U.S. dollar eased from a one-week top against a basket of major peers on Tuesday, as traders weighed the odds of a less a...
U.S. Inflation Persist And The Fed Meets This Week
U.S. Dollar Index (USDX) The U.S. dollar edged higher in early European trade at the start of a pivotal week. Meanwhile, the Dollar Index traded 0.3% ...
ECB Hikes 75 bp But Markets Were Not Affected
U.S. Dollar Index (USDX) The Dollar Index reached a session high of nearly 110.48, rising for the first time since October 19. The dollar rallied as t...
The Greenback Is Weakening And Testing Major Support
U.S. Dollar Index (USDX) The dollar retreated on Thursday as market expectations mounted that the Federal Reserve would tone down its aggressive stanc...
Australian inflation spikes, Oil stockpiles increase, and do...
Australia saw a large spike in inflation this year as the country rolled back most COVID-era restrictions. But the aftermath of COVID-era stimulus mea...
Fed Hikes Might Slow and the Greenback Remains Solid
The Greenback slows a bit as expectations of lower hikes are increasing while U.S. Treasury yields remained pinned near their highest levels since the...
The Dollar Holds, BOJ Intervenes, and Sterling Rebounds
The U.S. dollar was steady this morning as the dollar index traded around 112 during the Asian session. Meanwhile, the sterling pound jumped to 1.14 a...
Further Fed hikes coming, and the Recession might be near
The Federal Reserve is expected to keep raising interest rates at a fast pace to combat inflation, a move that is expected to boost the dollar and wei...