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Yearly Archives: 2023

Dollar Stalls Ahead Of Key CPI Release

Written on November 14, 2023 at 5:31 am, by

The US dollar remains in a holding pattern as investors brace for a week of pivotal events. Markets expect the October Consumer Price Index (CPI) will set at a 0.10% monthly rise. The US Dollar remains in a holding pattern as investors brace for a week of pivotal events. All eyes are on the imminentContinue Reading

Dollar Resurgence: Fed’s Hawkish Tone Sparks Market Shifts

Written on November 13, 2023 at 2:17 am, by

Dollar staged a significant rebound driven by hawkish sentiments from Federal Reserve members, particularly emphasised by Federal Reserve Bank of San Francisco President Mary Daly. The US Dollar staged a significant rebound driven by hawkish sentiments from Federal Reserve members, particularly emphasised by Federal Reserve Bank of San Francisco President Mary Daly. This resurgence wasContinue Reading

Powell’s Hawkish Tone Fuels Dollar’s Strength

Written on November 10, 2023 at 5:18 am, by

The Fed Chair’s stern warning indicated that the Fed’s monetary tightening efforts are far from concluded, prompting a resurgence of the dollar’s strength. Jerome Powell’s speech yesterday sent ripples through the financial markets, disrupting the U.S. equity markets’ winning streak. The Fed Chair’s stern warning indicated that the Fed’s monetary tightening efforts are far fromContinue Reading

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