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Oil, Crude, trading
Read More »GBP tries to regain the upward path 26/9/2024
Financial Markets’ Weekly Recap: Fed’s rate cut size in focus
US dollar has ceased its upward trajectory since the release of US economic data indicating a slowdown in consumer prices. This data has reinforced expectations that the Federal Reserve is likely begin cutting interest rates at its September meeting. This data has fuelled speculation that the Federal Reserve is likely …
Read More »USD/JPY breaks support 5/9/2024
japanese-yen
Read More »GBP attacks resistance 5/9/2024
Oil, Crude, trading
Read More »USD/JPY trying to hold above support 4/9/2024
japanese-yen
Read More »GBP holds below resistance 4/9/2024
Oil, Crude, trading
Read More »USD/JPY is based on support 3/9/2024
japanese-yen
Read More »GBP presses support 3/9/2024
Oil, Crude, trading
Read More »US dollar weakened against gold and European currencies
The US dollar continued its downward trajectory on Tuesday, succumbing to pressure from rising risk appetite and mounting expectations of a Federal Reserve interest rate cut. The greenback closed lower against a basket of major currencies, including the euro and the pound, as investors flocked to riskier assets. The Federal …
Read More »USDJPY is decoupling from US Treasury yields
USDJPY has broken its traditional inverse correlation with US Treasury yields, driven by a decline in the US dollar following the Federal Reserve’s meeting and Chairman Jerome Powell’s remarks at the Jackson Hole symposium. Powell’s comments hinted at a potential interest rate cut in September, a prospect further reinforced by …
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