usd

US inflation unexpectedly dipped in August, falling below the market consensus figure on both the headline and core readings. Headline CPI rose 2.7% year on year down from 2.9%prior and below the expected 2.8%. Meanwhile, core inflation was also weak printing 2.2%, down from both the prior and expected reading of 2.4%. Apparel Drags Prices ...

2018-09-14 James Harte Read more
US Flag_Department of Commerce

Many traders believe that today is a big day, and it will actually give them some clues about September Federal Reserve decision on whether to raise the interest rate again or not, depending on the upcoming Jobs Report, which will be released later today. However, this is not the case. The Federal Reserve’s decision is not connected with the Jo...

2017-09-01 Nour Eldeen Al-Hammoury Read more
CPI_Inflation_tutorial_1805

Earlier this morning, everyone was waiting for the UK inflation data, which was supposed to come in higher in June. However, the numbers came in with a surprise slowing down . CPI, Core CPI and the RPI showed a faster slowing down, while PPI declined less than expected. Moreover, the House Price Index slowed down further, but slightly less than...

2017-08-17 Nour Eldeen Al-Hammoury Read more
Janet Yellen

After weeks and months of denying that the economic slowing down is transitory, we get more and more signs that the US economy is indeed slowing down, which in return would hold off the Fed from raising rates this year. Today, almost the entire core economic releases showed a shocking readings, including Retail Sales, Core Retail Sales, CPI and...

2017-07-14 Nour Eldeen Al-Hammoury Read more
Poloz_BOC_PMI_Canadian dollar

Image via Bank of Canada In the past few weeks, the Canadian Dollar was one of the top performing currencies against the US Dollar. Despite the fact that Crude Oil has been declining, the Canadian Dollar managed to post the highest level against the US Dollar since March of this year, while Crude Prices are at the lowest level since August of l...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Federal Reserve_Orbex

In the next few hours, we are expecting US economic figures to be released. This data is set to have a notable but limited impact on the markets, ahead of the Federal Reserve decision later tonight. During the US session ahead, we will be watching five economic figures, including CPI, Core CPI, Retail Sales, Core Retail Sales in addition to the...

2018-02-14 Nour Eldeen Al-Hammoury Read more
FTSE, Indices

Global equities saw a notable rebound since the beginning of last week, following the first round of the French Election results. Global equities added an average of 2%-4% each in few days, followed by a stabilization ahead of key economic releases and events later this week. The main concern remains from France, despite the fact that the publ...

2017-07-26 Nour Eldeen Al-Hammoury Read more
BOE_UK Data_UK Inflation

After the slow and calm start of the week with no economic releases and lower volume across the board, volatility is set to pick up during the second trading day of the week, as we wait for many economic figures ahead. Today we will be concentrating on the UK inflation figures, which are expected to have a notable impact on the markets, especia...

2017-07-26 Nour Eldeen Al-Hammoury Read more
BOC_Canada's inflation_2403

USD Index at Critical Support As the political drama continues in the US regarding repealing and replacing ObamaCare, the US Dollar remains the victim side by side with equities. However, the US Dollar Index is finally on the edge of confirming a medium-term head and shoulders formation, the one that we have been talking about for a month no...

2017-07-26 Nour Eldeen Al-Hammoury Read more
British flag

Article 50 Trigger Date Finally, the big day is approaching for the UK. Yesterday, the UK Prime Minister Theresa May spokesman announced that May would trigger Article 50 of the European treaty on March 29th to start the Brexit process. Shortly after the announcement, the European Commission also announced that they are ready to begin the Bre...

2017-03-21 Nour Eldeen Al-Hammoury Read more