FX Interventions Do Not Change a Currency’s Fundamental Course
Markets The Fed kept the policy rate stable at the 5.25%-5.50% range yesterday. The statement […]
Powell Did Not Shake Markets
In focus today Today offers a light schedule in terms of tier-1 data releases. Most […]
Happy Apple Day
The Federal Reserve (Fed) decision yesterday was… interesting. As expected, the Fed kept its rates […]
First Cut by Fed is September at the Earliest
Current and expected risks warrant the FOMC holding off on the first cut until September […]
May FOMC: Stalling in Inflation Leaves FOMC Stalling for Time
Summary As was widely expected, the FOMC left the fed funds target range unchanged at […]
Worst of Both Worlds: Are the Risks of Stagflation Elevated? Part III
Part III: Where Is Stagflation Headed from Here? Summary In the first installment of this […]
US: Manufacturing Slips Back into Contraction in April, But Price Pressures Pick Up
The ISM Manufacturing Index slipped back into contractionary territory in April, dipping to 49.2, from […]
USD/JPY Calm Ahead of Fed Decision
Japanese yen is trading quietly on Wednesday. USD/JPY is trading at 157.68, down 0.07% at […]
ADP Hints at Another Strong NFP on Friday
The monthly ADP labour market report showed that America created 192K new jobs in April, […]
AUD/USD Stabilizes After Taking a Tumble, Fed Next
The Australian dollar has steadied on Wednesday after sliding 1.4% a day earlier. AUD/USD is […]
Will Post-FOMC Jobs Report Move Dollar?
US nonfarm payrolls scheduled for release on Friday 12:30 GMT Another solid report could question […]
NZ Dollar Shrugs After Soft Jobs Report
The New Zealand dollar has steadied on Thursday, after a sharp decline of 1.5% a […]