Rate hike

The US Dollar Index failed to stabilize last week, even after central bankers have sent a clear message to the market that the easy monetary policies are coming to an end. Such remarks were supposed to push currencies higher. The US Dollar…
Read More

Former FBI director James B. Comey on Thursday used a dramatic appearance before the national audience to sharply criticize the character of the president, accusing Trump of firing him over the Russia investigation and then misleading the…
Read More

Summary: Nonfarm payrolls employment rose 138k in May, missing forecasts of 184k March and April payrolls revised down by 66k Unemployment rate falls to a 16-year low at 4.3% Underemployment slips to 8.6% a new cyclical low…
Read More

Brushing aside the disappointment of March, the US economy was seen adding 211,000 jobs in the month of April beating consensus estimates by a strong margin. Data from the Bureau of Labor Statistics showed that the unemployment rate in the…
Read More

The US Dollar Index remains within our projected plan since almost two weeks, with attempts to break above the key resistance which stands at 101.80 to 102.0. Last week the US Jobs Report was actually the catalyst for the survival of the…
Read More

The euro has been consolidating near a 15-year low with the first two months of the year showing no major movements in the currency pair. While there are significant fundamental risks to the single currency in the form of the elections in…
Read More

On Friday, all eyes were on the US again as the last jobs report was released for this year. However, the outcomes came in with mixed signals but could be enough for the Federal Reserve to go ahead and hike the Fed Fund Rate in December's…
Read More

US Dollar managed to close last week higher, well above 97.50 and 98.00 resistance area, on a collection of positive economic releases on Friday, including PPI, Core PPI, Retail Sales and Core Retail Sales, while the initial reading of the…
Read More