Here is what you need to know on Monday, March 24: After outperforming its rivals for three consecutive days, the US Dollar (USD) struggles to find demand at the beginning of the week. Later in the day, S&P Global will […]
March PMI data to kick start the week Read More »
In an interview with CNBC on Friday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said that they have to wait for things to clear up when there is a lot of uncertainty. Key takeaways “There has been a
Fed needs to be steady hand and take long view on economy Read More »
New York Federal Reserve President John Williams said on Friday that the current modestly restrictive monetary policy is “entirely appropriate,” as reported by Reuters. Key takeaways “Current rate policy fits with solid job market and above-target inflation.” “There is a lot
Current modestly restrictive monetary policy entirely appropriate Read More »
United States (US) Federal Reserve (Fed) Governor Christopher Waller said on Friday that he preferred to continue the current pace of balance sheet decline at this week’s meeting, per Reuters. Key takeaways “Slowing or stopping runoff will be appropriate as we get
Fed has tools available to mitigate unanticipated market disturbances Read More »
In the Global Economic Outlook (GEO) report published on Tuesday, Fitch Ratings said that they have lowered the US economic growth forecast to 1.7% from 2.1% in December’s report and cut the 2026 growth projection to 1.5% from 1.7%. Key
We now expect Fed to cut just once this year Read More »
Here is what you need to know on Monday, March 10: The US Dollar (USD) Index fell more than 3% last week and registered its largest one-week loss since November 2022. The economic calendar will not feature any high-impact data
Markets remain focused on tariff headlines as new week begins Read More »
In an interview with CNBC on Friday, US Treasury Secretary Scott Bessent said that they are committed to policies that will lead to a strong US Dollar, per Reuters. Key takeaways “April 2 tariffs will be a choice for other
Committed to policies that will lead to strong dollar Read More »
The Unemployment Rate in Canada remained unchanged at 6.6% in February. USD/CAD trades in positive territory above 1.4350 after the data. The Unemployment Rate in Canada held steady at 6.6% in February, Statistics Canada reported on Friday. This reading came in
Canada Unemployment Rate holds steady at 6.6% in February vs. 6.7% expected Read More »
Here is what you need to know on Friday, February 28: The US Dollar (USD) Index, which tracks the USD’s performance against a basket of six major currencies, clings to small daily gains after touching a two-week-high near 107.50 early
US Dollar consolidates weekly gains ahead of key inflation data Read More »
The Minutes of the Fed’s January 28-29 policy meeting will be published on Wednesday. Details surrounding the discussions on the decision to keep policy settings unchanged will be scrutinized by investors. Markets see virtually no chance of a 25 bps
Will policymakers reinforce a slower pace of rate cuts in 2025? Read More »
