ECB & President Lagarde, Weekly Claims & Chair Powell
EURUSD, H1 The ECB delivered a 75bp rate hike, with the deposit rate raised to 0.75% from 0.0%, the main refinancing rate now at 1.25%. At the same time, the…
Read More »EUR/USD retreats from parity ahead of ECB, Fed Chairman Powell’s speech
EUR/USD slips to 0.9990, after bouncing off a 19-year low the previous day, as the US dollar regains upside momentum amid a cautious mood ahead of the
Read More »ECB Preview: 50 or 75?
The Eurozone’s record inflation print of 9.1% has left markets pricing in a 75 basis point hike at next week’s meeting. The hawks are expected to push the debate of…
Read More »Daily Market update: 29 August 2022
Dollar on the front foot on the back of hawkish Jackson Hole comments by FED chair Powell Dollar Index The dollar index ended Friday’s trading session with some exuberance, closing…
Read More »Events to Look Out for Next Week
Next week, with Jackson Hole out of the way, markets should have a clearer indication on 75 bps or 50 bps for September but also for the year end and…
Read More »Market Update – August 23 – Stocks Tank, Yields Up & USD at 20-yr high
USDIndex pushed to 20-yr highs over 109.00 (August low 104.5) and pressured EUR (under parity with Energy concerns weighing) & GBP (under 1.1750 with political and energy concerns weighing too). …
Read More »Weekly Market Update – 22 August 2022
Dollar continues its surge, breaking six-week highs on its way towards the 109.00 key level. Dollar The Dollar begins the week on the front foot, continuing its gains for four…
Read More »Events to Look Out for Next Week
Moving into a new week, the focus is now squarely on the 3-day Jackson Hole Symposium. The failure of the central banks to grasp the inflationary impacts of the various…
Read More »Events to Look Out for Next Week
The ECB joined the rate hike club with its first hike in over a decade and the announcement of a “Transmission Protection Instrument,” a TPI. Next on the agenda is…
Read More »Euro Spikes; ECB at 50bps hike!
The ECB expects further rate hikes in upcoming meetings. The ECB finally joined the rate hike club and said the larger than initially expected rate hike was “based on the Governing…
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