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The pair steadies today, after Friday drop due US unemployment decline to pre-pandemic levels and an overall strong jobs report, which boosts expectation for another big rate hike by the Fed
The BoE delivered its biggest hike in twenty-seven years today, but moderated its guidance, while projecting recession and higher inflation ahead
The EURUSD is rolling over as the daily looks to complete a continuation pattern.
The technical outlook has deteriorated significantly after the pair slumped in July and markets turn to a potentially consequential rate decision by the Bank of England on Thursday
Gold is inversely related to real rates in the current market environment. This connection may suggest that the recent gold appreciation is a rally in a broader downtrend.
The Japanese Yen attracts risk-off flows due to geopolitical jitters and the pair extends its decline to critical levels, in the aftermath of the Fed’s reserved stance
The RBA delivered its fourth straight rate hike, but changed its rhetoric in a way that could be a precursor of more moderate moves ahead, sending AUD/USD lower
The pair starts the week on the front foot after Friday’s PCE-induced volatility, as markets gear up for Thursday’s interest rate decision by the Bank of England
The pair heads towards the conclusion of a very bad month and week, due to cool-down in Fed hike expectations and the negative Q2 GPD print from the US
The US central bank delivered another 75 basis point rate increase on Wednesday, but offered no guidance, while reiterating its commitment to bring inflation down and brushing off recession fears
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