Tag: fomc
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...
Inflation to Seal Rate Hike Deal?
FOMC members showing dovish tendencies
It may be a little late now that the rate hike genie is out of the bottle but there are...
Brexit Standoff Could Strengthen May
EU keeping Prime Minister “in the dark” over Stage Two plans
Theresa May shifted the blame for the lack of clarity being felt by U.K....
Dear Mrs May…
How much longer?
Brexit was always expected to be a divisive topic. It has been ever since David Cameron was scared into allowing legislation for...
No News is Bad News
Brexit talks unlikely to yield a breakthrough
The fifth round of Brexit negotiations began yesterday with the two sides as far apart as ever on...
Euro Falling on Dovish ECB
Interest rate differentials starting to bite
The Euro fell to its lowest level in three months versus the dollar yesterday as the cost of holding...
Profit Taking Hits Dollar Despite Data
Inflation concern the only negative
Last week’s employment report in the U.S. was ultimately very positive for the dollar despite the ludicrously high expectation for...
U.S. Economy set for Breakout
Rate hikes starting to be justified
The Employment report for October that was released on Friday was the subject of some “irrational exuberance” from analysts...
Euro Dives on Dovish ECB
Cost of carry becoming a factor
The cost of being long of the common currency finally started to take effect last week as the prospect...
Dovish Draghi Pushes Euro Lower
Need for “an ample degree of monetary stimulus”
ECB President Mario Draghi stretched his credibility to the limit yesterday in a press conference which illustrated...
