The damage from the Fed has been done and fears of an upshift to a faster pace of rate hikes this month,…
Fed Chair Powell’s Monetary Policy Report and testimony supported widespread expectations for a higher for longer policy stance, as has been the…
GBPUSD, Daily Markets price in 5% peak rate for the BOE. Market pricing suggests that traders expect the bank rate to reach…
USD rallied to 105.85 during Powell’s hawkish speech and holds above 105.57 since then. Yields rose and stock markets remain under pressure. The…
By now most know of the train derailment in East Palestine (pronounced pal-uh-steen), Ohio and the ensuing decision to burn the chemicals…
USDCAD posted a slight loss of -0.08% and was trading range bound last week. Likewise on Monday (06/03), USDCAD did not show any…
RBA delivers “dovish hike”, as inflation may have peaked. The Reserve Bank of Australia hiked its cash rate by 25 bp to…
In today’s Asian trading session, the RBA announced a 25 basis point rate hike to 3.60%, the highest level since May 2012….
USD under pressure, Yields slightly higher buoyed by investor sentiment which also boosted Stocks after they sagged through US session. (Reuters) –…
