US Dollar Trades Up Post CPI Beat as Markets Grapple Fed Hikes. Higher USD?
The US Dollar ascendency got back on track after inflation gauges popped higher and the focus moved to the Federal Reserve with more hikes coming. Will USD trend north?
The US Dollar ascendency got back on track after inflation gauges popped higher and the focus moved to the Federal Reserve with more hikes coming. Will USD trend north?
USD/JPY rises to above 135.00 after Fed officials push for higher rates. Loose monetary policy continues to weigh on safe-haven Yen.
The U.S. dollar continues to gather momentum going into next week as we await the Fed’s Barkin later today. DXY eyes 105.
The euro, like many other USD crosses, has witnessed a crucial break of support as a wave of hawkish USD repricing takes hold after Fed talk of 50 basis points in March
Cable (GBP/USD) is under pressure again, and nearing a break below 1.1900, as US Treasury yields soar to multi-month highs, boosting an already robust US dollar.
AUDUSD printed a fresh 6-week low and is on course for its third successive day of losses. Can the 200-day MA provide support?
The second global economic downturn in a decade could be the dark legacy of 2023. What can we learn about what’s to come from past recessions?
Gold prices extended losses during Friday’s Asia-Pacific trading session. Hawkish Fedspeak further pushed up bond yields, denting XAU/USD as it broke key technical levels.
The US Dollar regained the ascendency after Federal Reserve speakers Mester and Bullard cited potential 50 basis points hikes in the pipeline. Will the DXY index keep going north?