Euro, EUR/USD, US Dollar, Yellen, China, ECB, Nagel, Fed, FOMC, RBA – Talking Points
The Euro made a fresh 17-month peak against the US Dollar on Tuesday as the bullish run continues for the single currency. The move above 1.1250 comes as the market prepares for an easing in tomorrow’s Euro-wide CPI with a Bloomberg survey of economists estimating a final reading of 5.5% year-on-year to the end of June. The European Central […]
Dollar continues to weaken; end of FOMC tightening in sight
At 02:55 ET (06:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 99.415, just above the 99.362 level seen earlier Tuesday, its lowest since April 2022. The U.S. central bank is widely expected to lift interest rates once more when it meets next week, but markets are […]
Gold, FTSE 100 Analysis: European open – 18th July 2023
Asian Indices: Australia’s ASX 200 index fell by -19.8 points (-0.27%) and currently trades at 7,278.70 Japan’s Nikkei 225 index has risen by 69.66 points (0.22%) and currently trades at 32,461.24 Hong Kong’s Hang Seng index has fallen by -382.41 points (-1.97%) and currently trades at 19,031.37 China’s A50 Index has fallen by -44.57 points […]