Browsing Tag

Fed rate hike

Orbex Market Flash

The US Dollar has traded lower over the last 24 hours following comments from US Fed chairman Jerome Powell who told investors that the headline US interest rate is now “just below” the neutral rate. Speaking at the Economic Club of New… Read More

Orbex Market Flash

The US Dollar traded up to fresh 2018 highs this week following the release of the latest inflation data which posted its biggest increase in nine months. Headline CPI inflation rose 2.5% year on year in October, jumping up from the… Read More

Weekly Commodities Wrap

Gold After suffering consecutive weeks of declines over the last month, the yellow metal was able to rebound higher this week as safe haven inflows saw steady demand. With the market bracing for the implementation of bilateral US/ Chinese… Read More

Fed Minutes Drive Whipsaws

What happened in the two hours following the release of the January Federal Reserve meeting minutes?  A 1.8% fall in equity indices, accompanied by a rapid jump in bond yields and a broad recovery in the US dollar. The Dow Jones Industrials… Read More