Trump victory raises expectation of policy-induced inflation, forcing Fed to keep policy restrictive for longer. FOMC meets on Thursday with a 25 bps cut priced […]
Tag: Dollar
US Dollar at fresh nine-day low after Pennsylvania odds go in favor of Harris
The US Dollar in red figures on Monday after Ipsos polls project Vice President Kamala Harris taking the lead in the US presidential elections. Traders set […]
Canadian Dollar steady against mixed US data
Canadian Dollar rises slightly against US Dollar following mixed economic data. Soft US GDP growth and strong ADP Employment Change figure support the USD in […]
Our Journey to Division
August 1, 2024 We often hear that we are more divided than we have been since the Civil War. There are a myriad of ways […]
Guardrails economies and a share of the pie
June 10, 2024 Christopher Hayes, in ‘Twilight of the Elites,” states that only “1% now lay claim to nearly a quarter of the total economic […]
He who Owns the Gold Makes the Rules
July 16th, 2024 Let DJT be the catalyst for the obvious reforms our experiment with Democracy needs. The abhorrent truth is not so much what […]
US Dollar ticks up in calm markets bracing for Fed speakers
The US Dollar trades up despite Fed’s Kashkari confirming further rate cut path. Although the bond market is closed, rates pushing the Greenback higher The US Dollar […]
Dollar pauses for breath after US data, eyes on French and British economies
By Kevin Buckland and Alun John TOKYO/LONDON (Reuters) -The dollar paused near a two-month high against a basket of peers on Friday, as traders digested […]
New Zealand Dollar attracts some sellers as RBNZ cuts interest rate by 50 bps
The New Zealand Dollar edges lower in Wednesday’s early European session. RBNZ cut the interest rate by 50 bps to 4.75% as anticipated. The September FOMC […]
Australian Dollar drops after China’s NDRC press conference
The Australian Dollar extends downside in Tuesday’s early European session. Chinese officials disappoint traders without more major stimulus, dragging the Aussie; hawkish remarks of the […]