Dollar Weakness Persists Amid Inflation Concerns
Dollar Weakness Persists Amid Inflation Concerns
The dollar continued to sell off against most of the G10 today as commodity currencies were stampeding in other direction. EurUsd’s movement was mixed and is currently hovering in the $1.39 range. The GbpUsd rallied strongly to an eight month high of $1.65 and continues rising. Equity markets started off […]
Dollar Freefall Continues on Unclear Growth Data and Rising Inflation Expectations
Dollar Freefall Continues on Unclear Growth Data and Rising Inflation Expectations
The trend of dollar weakness continues to dominate FX markets, with the Jpy being the only currency to decline against it. The EurUSd surged 125pips breaking a major resistance point of 1.40, while the UsdJpy trades sideways hovering near the previous session’s close. The GbpUsd […]
Markets Preparing For Inflation?
Markets Preparing For Inflation?
The financial market is going through some major changes, which are likely to influence the outcome of the economic activity over the coming periods.
Currently, most market participants expect the pace of contraction seen in the global economy to slow, while a small group of investors even anticipate a number of positive signs […]