Tag: Brexit
Brexit Breakthrough Drives Sterling
Financial offer more than doubled
The U.K. press is reporting this morning that the Government has more than doubled its offer for a financial settlement...
Will There be a Powell Struggle?
As the world's first and favorite inches closer to the roundest of psychological barriers many are expecting something big to happen. It is possible...
Powell Confirmation to be Agreed
Likely to follow Yellen's lead, initially
In a prepared testimony for Congress which was delivered yesterday, Fed Chair designate., Jerome Powell, followed the course set...
Dollar Lacking Momentum
Fed. Chair Jerome Powell to be confirmed this week
The dollar has been on the back foot over the thanksgiving holiday as the drivers that...
“Big Fat Tax Cuts Coming!” But When?
Trump makes Thanksgiving Promise
In his Thanksgiving speech to the American People yesterday, President Trump made a promise of “big fat tax cuts” although the...
Dollar Suffers as FOMC Turns Dovish
December rate hike called into question
The minutes of the latest FOMC meeting were released yesterday and provided traders a glimpse into the future of...
Tangled
One of the most baffling cryptocurrencies was hacked last night. Tether (USDT) is a cryptocurrency that is pegged in value to the US Dollar....
Merkel facing Coalition Dilemma
German President wants a coalition
Angela Merkel, the German Chancellor, has found herself in an unusual position following September’s election. She is unable to exert...
Plenty of Data, No Fresh Ideas
Market beginning to look forward to year end
The typical mid-fourth quarter scenario where traders want to start to protect their P&L is beginning as...
U.S. Rate Hike “in the Balance”
Are the FOMC sufficiently hawkish?
Over the past few days/weeks there have been several dovish comments from FOMC members who have tended to contradict current...