Daily Forex Market Preview, 22/10/2018
The U.S. Dollar was seen easing back on Friday. Economic data on the day was relatively quiet. Canada's inflation fell more than expected declining 0.4% on the month. This was more than the forecasts… Read More
Consumer prices in the United States increased less than expected in September on the back of a slower pace of increase in rental costs and falling energy prices. The data indicated that underlying inflation pressures eased slightly during… Read More
Daily Forex Market Preview, 17/10/2018
China's headline inflation rose 2.5% on the year ending September. This was a modest increase from August inflation rate which touched 2.3%. However, producer prices index data rose at a slower pace… Read More
USDJPY or USD/JPY is the abbreviation used for the pair of currencies made up of the United States Dollar and the Japanese Yen.
Colloquially, it's often referred to simply as trading the "yen" (though of course, the yen trades with other… Read More
President Donald Trump, on Tuesday last week once again expressed his displeasure with the Federal Reserve. In an interview last week, Trump said that the Fed is hiking interest rates too fast.
At the same time, the President said that… Read More
Jerome Powell, the chairman of the U.S. Federal Reserve, in comments last week said that there was no evidence that the labor market was at risk of overheating. Speaking at an event in Boston, Powell gave his prepared remarks and brushed… Read More
The U.S. labor department released its latest monthly non-farm payrolls report on Friday. Data showed that the job creation fell to the lowest level in a year. However, on the flip side, the U.S. unemployment rate fell to the lowest level… Read More
The star of this week's economic calendar is the release of US Non-Farm Payrolls (NFP), which is expected at 8:30 EST (14:30 CET). Let's not forget that NFP is a nickname for a load of monthly US employment data that is all released at the… Read More
Summary
Federal Reserve hikes rates by 25bps to bring short-term interest rates to 2.0% - 2.25% as widely expected
One more rate hike projected by the end of this year
Three rate hikes penciled in for 2019
Fed removes… Read More