The month of June stood out with two major central banks taking monetary policy decisions. The U.S. Federal Reserve hiked interest rates by 25 basis points while the European Central Bank announced a modest taper to 15 billion euro starting from September and eventually ending its QE program by December 2018. The U.S. dollar continued to main...

2018-07-03 John Benjamin Read more
forex monthly outlook

The euro currency posted declines for the second consecutive month with the pace of declines accelerating further. The common currency fell to fresh yearly lows. The declines came following the developments in Italy and a broad slowdown in the economic activity in the Eurozone. The U.S. dollar continued to post gains amid improving economic f...

2018-06-06 John Benjamin Read more
August 2017_Market outlook_0108

The month of July saw the investor sentiment in the US dollar continue to deteriorate. The greenback came under pressure on both fronts that included economic and political developments. Inflation remained a major concern among policymakers. While the uncertainty about the stability of the Donald Trump government continued to play in the backgr...

2017-08-01 John Benjamin Read more
JUly_FX Outlook_3006

The month of June was remarkably quiet with the exception of the UK's snap elections. The so-called strategy backfired against the Theresa May's Conservative party. Despite getting a majority, the political party was still short of getting a majority in the parliament. Political deal making continues. Alongside, the EU - UK Brexit negotiations h...

2017-07-26 John Benjamin Read more