Morgan Stanley predicts continued USD weakness amid slowing growth and upcoming rate-cuts. US employment data alongside plenty of EU data this week will keep currency markets alive
Read MoreMarket News
The USD tumbled, oil prices firmed, equity markets and US yields are mixed as Trump delayed EU tariffs. The USD dropped to its lowest level in almost two years after Trump's U-turn on EU tariffs increased market uncertainty, highlighting the President's volatile policymaking.
Read MoreTrump’s comments hit the USD in illiquid trading, EUR/USD and GBP/USD trading at multi-year highs on the USD weakness. Plenty of data this week, with the ‘war of words being fought between the President and the US federal Reserve which is straining checks and balances in the US political system.
Read MoreAs the USD pulls back and the market takes a breath for Thanksgiving, central banks will have to carefully consider how trade ‘wars’ will impact domestic economies and policies in early 2025. FX will be greatly impacted, alongside economic growth paths
Read MoreECB meeting to bring volatility to the Euro at tomorrow’s meeting
Read MoreThe USD is boosted by safe haven buying an good employment data
Read MoreWe hit the ground running in 2022 – a big week for data, and 2022 will almost certainly mark the turning point for monetary policy as developed nations raise interest rates at different speeds to combat inflationary pressures.
Read MoreBelow we keep focussed on the major Central Banks, but no less than TWENTY central banks meet this week. Balancing inflation, growth and the Omicron wave isn’t easy!!
Read MoreYesterday saw US inflation data reach far beyond expectations and the USD surged as a result – the market is convinced that the US will raise rates at least twice through 2022.
Read MoreBBC website headline this morning is: Sri Lanka in economic emergency as food prices soar .. “The government says it will seize food stocks and set prices to contain inflation”.
Read More