USD bulls were given fresh encouragement last week as the Q2 GDP figures came in well above expectations at 4.1%, registering the strongest period of economic growth for four years. What is clear from the data, is that the $1.5 trillion in tax cuts approved in December 2017 are helping boost household incomes as well as corporate cash flow, whic...
The US Fed is scheduled to announce its rate decision today. US Federal may struggle to convince skeptical investors it can tighten monetary policy before the end of the year, after a spate of dismal data on the US, igniting speculation the central bank will wait until 2016 to raise the rates. So we expect the Federal to keep the Funds Rate at (...
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