Analysis

Dollar Strengthens Amid Hawkish Fed Remarks

Dollar Strengthens Amid Hawkish Fed Remarks

The Dollar Index experienced a slight rebound as investors processed hawkish comments from Federal Reserve officials, particularly Minneapolis Fed President Neel Kashkari's suggestion to delay rate cuts until December. This shift in sentiment strengthened the dollar, influencing various markets.
PU Prime | 163 days ago
Forex Market Report - 17th June 2024

Forex Market Report - 17th June 2024

Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.
DNA Markets | 163 days ago
Daily Global Market Update

Daily Global Market Update

GBP/USD dipped 0.2%, Bitcoin plunged 2.1%, Oil fell 0.4% but indicator positive. AUD/USD down 0.4%. Terraform Labs to close, US producer prices down, Oil mixed. Upcoming events: US Export Price Index, Eurogroup meeting, US Michigan Consumer Sentiment Index.
Moneta Markets | 165 days ago
Crypto Bears in charge

Crypto Bears in charge

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto Bears in charge
FxPro | 165 days ago
Analysis of the Recent US CPI Report and Its Implications for Fed Policy

Analysis of the Recent US CPI Report and Its Implications for Fed Policy

The recent release of the US Consumer Price Index (CPI) report questions much about the hawkish policy stance that the Federal Reserve has held. This paper will try to extract key features from the report, the new policy consensus for the Federal Reserve, and what that could mean for the US dollar and interest rates (Sourced from Federal Reserve Bank of Chicago).
ACY Securities | 166 days ago
Dollar Gains on Hawkish Fed Outlook

Dollar Gains on Hawkish Fed Outlook

After digesting Jerome Powell's comments following the FOMC interest rate decision on Wednesday, the dollar erased all its losses from the soft CPI reading, continuing its upward trajectory. The hawkish outlook from the Fed stimulated dollar strength against its peers, while the bullish momentum in equity markets was hindered by the prospect of prolonged high interest rates.
PU Prime | 166 days ago
Forex Market Report - 14th June 2024

Forex Market Report - 14th June 2024

Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.
DNA Markets | 166 days ago
Daily Global Market Update

Daily Global Market Update

Euro rose 0.6% against Dollar, Yen strengthened while Dollar dipped. Gold rose slightly but technical indicators show potential decline. Amazon stock fell, S&P 500 and NASDAQ hit record highs but closed lower. US jobless claims, producer price index, Eurozone industrial production data eyed today.
Moneta Markets | 166 days ago