Currency Pair of the Week: GBP/USD
With the Fed and BoE rate decisions to come, along with some key economic data from both the UK and US, the GBP/USD has to be the currency pair of the week.
Forex Friday: Bitcoin, Gold, Yields and Yen
In this week’s edition, we discuss Bitcoin, gold, dollar and yields
ECB had to hike by 50 bps but euro slips
ECB provided no forward guidance and/or commitment to future hikes...
Crude plummets - will OPEC come to rescue?
We might see an oversold bounce in prices soon but until something changes fundamentally, the path of least resistance would remain to the downside
Banks plunge as concerns mount over financial crisis 2.0
The selling of financial stocks was triggered by Credit Suisse this time
ECB Preview: 50bps hike may still be on the cards
Hot inflation is likely to outweigh concerns over financial stability, potentially leading the ECB to disappoint market’s substantial re-pricing of policy rates.
Stocks off lows after dollar, yields collapsed
When bond markets move, investors in other markets always take notice
Gold finds relief as dollar rally pauses – for now
For gold to make a stronger recovery, we will have to see a surprise miss on Friday’s NFP
Technical Tuesday: S&P, GOLD and GBP/USD
In this week’s report, we are getting technical on S&P, gold and GBP/USD.
Bank of Canada preview: At interest rates peak?
After a combined 425 basis points worth of hikes, the BOC has already signaled it would pause tightening to let the economy digest impact of previous hikes.
USD/JPY: Dollar likely to resume higher after slow start
Dollar was bouncing off earlier lows, supported by even more positive news – this time from the housing market.