Has Trump finally gone too far? During a Presidency which has become characterised by controversy and spectacle it appears that Donald Trump might finally have gone too far. Trump’s opinion poll ratings have been rising over recent months given his high-profile trade dispute with China which the President has labelled a noble crusade in defence...

2018-07-18 James Harte Read more
FOMC

Summary: Federal Reserve hikes interest rates by 25 basis points as widely expected Short term interest rates now at 1.0% - 1.25% Central bank maintains the view that one more rate hike is appropriate this year No major changes given to economic projections Inflation expected to weaken below 2%, but jobless rate expected to av...

2017-07-26 John Benjamin Read more
inflation expectations

The US Dollar Index managed to rise since the beginning of the week, amid a lack of fundamentals across the board, whether in Asia, Europe, and the US. However, there is still some confusion among  traders on why the US Dollar declined on Friday right after the US Jobs Report, despite the fact that it came in better than expected. Moreover, th...

2017-07-26 Nour Eldeen Al-Hammoury Read more
NFP_Jobs report

After a lack of fundamentals on Thursday combined with low liquidity, the big day is ahead of the US, which set to have higher volume and key economic releases. All eyes are headed toward the US Jobs Report today for the month of March, while the estimates seem to be encouraging. However, today’s economic releases are very complex, and the imp...

2017-04-07 Nour Eldeen Al-Hammoury Read more
UK_Pounds

In the coming few hours, traders will be watching further economic releases from the UK, which likely to have a notable impact on the markets. Retail Sales will be released today at around 09:30 GMT+. The estimates are encouraging, pointing to an increase of 0.4% in February, after declining by -0.3% in January, which would be the first monthly...

2017-07-26 Nour Eldeen Al-Hammoury Read more
US Dollar Index

The US Dollar advanced further during at the beginning of the week but failed to hold on Thursday and Friday, despite the fact that most of the economic releases were positive. This fact strengthens the idea of the Federal Reserve rate hike in March. Yet, investors are still selling USD across the board. The Federal Reserve Chair Janet Yellen k...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Currencies

Since the beginning of the week, the US Dollar index managed to recover most of its Friday’s declines. However, the index remained below the 100 key barrier and below 100.40 solid resistance area, completing its seven weeks of consecutive declines. The Euro and the British Pound declined sharply against the US Dollar during the first trading da...

2017-07-26 Nour Eldeen Al-Hammoury Read more
inflation expectations

USD Index Failed At 103.50 The US Dollar Index seems to be closing the week lower, which would be the fifth week of consecutive declines, one we have not seen since Q1 of 2015. However, the key point is whether the index will be able to close the week above the 100 barrier. If so, the bullish outlook is here to stay. Otherwise, another leg lowe...

2017-07-26 Nour Eldeen Al-Hammoury Read more
FOMC_ Yellen_USD

The global markets experienced a tight trading range throughout yesterday’s trading, as everyone was waiting for the FOMC Meeting Minutes to give us some clues about the future of the Fed’s policy. However, the Federal Reserve gave us mixed signals; some were good, and other were concerning. In today’s article, we will explain the Federal Reserv...

2017-01-05 Nour Eldeen Al-Hammoury Read more
Euro Dollar_Technical outlook

A USD Rally With A Difference US Dollar rallies have been viewed with suspicion over much of 2016. Fluctuating Fed rate hike expectations linked to fragile risk appetite, market volatility, and patchy US data have caused many false starts for the US Dollar. Despite a brief period of optimism and Fed hawkishness, the Dollar seemed unable to sust...

2016-11-24 James Harte Read more