Tag: G7
Powell Likely to Face a Tough Baptism
Inflation target becoming obsolete
The first issue facing the new Chairman if the Federal Reserve when the takes over in a little over a months’...
Brexit Agreement to Herald Further Concerns
Brussels to ask for clarification over framework for stage two
Theresa May was in Brussels last night for dinner with the remaining twenty seven Heads...
Rate Hike Prospects Driving Dollar
Powell to provide short term anchor
A rate hike after the final FOMC meeting of the year when it concludes tomorrow is now 100% priced...
Time to Play or Time to Hide?
Volatility contained as traders close their books
The potential for a year-defining move in one of the G7 currencies in the next week still exists...
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...
Sterling Under More Pressure!
Brexit talks resume with EU set to play tough
There is barely a day goes by right now that there isn't a new negative for...
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...