EUR/USD Weekly Forecast: Central banks’ imbalances put parity at a stone’s throw
The European Central Bank (ECB) will likely continue trimming interest rates. That would keep the Euro on the downside, while a hawkish Fed means a stronger US Dollar. EUR/USD at parity is in the ...
Fed's Goolsbee: Rates should go down if conditions are stable and there is no uptick in inflation
In an interview with CNBC on Friday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said if conditions are stable and there is no uptick in inflation, with full employment, rates ...
Payrolls surprise sees Dollar lurch higher, as EUR/USD takes step closer to parity
The market reaction was brutal, stocks are a sea of red in Europe and in the US. The Dow Jones is down nearly 1%, however, the biggest casualty in the US is the Nasdaq, which is lower by 1.61% as ...
GBP/USD Weekly Forecast: Pound Sterling sellers retain control ahead of key inflation test
The bond market rout extended on Thursday, with the yield on benchmark 10-year UK Gilts rising by as much as 0.12 percentage ...
Big upside in December U.S. payrolls cements a Fed hold this month – RBC Economics
“The Fed already pivoted to a more gradual easing cycle in their last meeting In December. We think the odds of an additional ...
December CPI preview: Concerns about sticky inflation to linger
GBP/USD extends its weekly slide and trades at its weakest level since November 2023 below 1.2250. The data from the US ...