British CPI, released each month, is the primary gauge of consumer inflation and is keenly anticipated by the markets. A reading which is higher than the market forecast is bullish for the pound. Here are all the details, and 5 possible outcomes for GBP/USD. Published on Tuesday at 9:30 GMT. Indicator Background Analysts consider CPI one of … “GBP/USD: Trading the British CPI”
Category: Opinions
March 29th 2019 – the UK is out of the
The British government confirmed that it would trigger Article 50 on March 29th, 2017. This starts the 2-year clock ticking backward toward the exit. According to the famous clause of the Lisbon treaty, an extension to this period can only be made if all the remaining 27 members agree. Prime Minister Theresa May had already … “March 29th 2019 – the UK is out of the”
USD/CAD: Can CAD recover from the Crude Crash?
After a long period of stability, oil prices collapsed and the Canadian dollar followed suit. We explain what happened to oil but stress that this is not the only factor moving the loonie. We discuss what’s next for the Canadian dollar looking forward. This is our currency of the week: Get the 5 most predictable … “USD/CAD: Can CAD recover from the Crude Crash?”
USD: 3 Reasons Why Pullback Will Likley Be Short-Lived –
The US dollar has been on the back foot since the Fed’s dovish hike (see 5 reasons why) but the team at CA sees a pullback and lists three reasons: Here is their view, courtesy of eFXnews: Credit Agricole CIB Research argues that the Fed’s message from its March meeting actually comprised a pretty optimistic view on … “USD: 3 Reasons Why Pullback Will Likley Be Short-Lived –”
EUR/USD: Trading the UoM Consumer Sentiment
The University of Michigan Consumer Sentiment Index surveys consumer attitudes and expectations about the US economy. An increase in consumer confidence is a positive sign about the health of the economy and is bullish for the US dollar. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Friday at 14:00 GMT. … “EUR/USD: Trading the UoM Consumer Sentiment”
Why the dollar fell on the rate hike – 5 reasons
The Fed raised interest rates but the US dollar fell. What is going on? Sure, the hike was fully expected via clears messages from the Fed. Calling them “thick hints” would be an understatement. However, the magnitude of the falls is quite significant and this may be far from teh end of these falls. Here are 5 dollar … “Why the dollar fell on the rate hike – 5 reasons”
Did the Fed “sneak in” a hike because of strong stocks?
In the past, the Federal Reserve was accused of “working for Wall Street”. This claim is questionable, but there is no doubt that the Fed watches markets. It’s no secret. When the Fed basically told us that it is raising rates in March, many thought that the Fed has upgraded its forecasts and is set to accelerate … “Did the Fed “sneak in” a hike because of strong stocks?”
March hike was just a calendar shift – two opinions
We gave 5 reasons for the fall of the dollar following the rate hike. Here are two additional opinions: Here is their view, courtesy of eFXnews: March FOMC: Today’s Hike Is An Early June Hike; 2 More Hikes In 2017 – SEB Following today’s Fed hike, SEB Research maintains its forecast of two more hikes in … “March hike was just a calendar shift – two opinions”
Will the Fed push the dollar higher? Two opinions
Apart from our own Fed preview we also provide outlooks from others. Here are two hawkish opinions: Here is their view, courtesy of eFXnews: USD Into FOMC: Looking For Pullbacks As Buying Opportunities – TD TD Research notes that the core of attention at today’s FOMC policy decision will center on the tone, dots, and forecasts. … “Will the Fed push the dollar higher? Two opinions”
Fed preview: looking for a “healthy hike” – 3 scenarios
The Federal Reserve is set to raise interest rates in March. They basically laid down the message. Calling them “thick hints” would be an understatement. The strong NFP left no room for doubts.And now, is it already priced in? Can we expect a massive “sell the fact” reaction? There are many moving parts that will determine the next move … “Fed preview: looking for a “healthy hike” – 3 scenarios”