The USD is boosted by safe haven buying an good employment data
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We hit the ground running in 2022 – a big week for data, and 2022 will almost certainly mark the turning point for monetary policy as developed nations raise interest rates at different speeds to combat inflationary pressures.
Read MoreBelow we keep focussed on the major Central Banks, but no less than TWENTY central banks meet this week. Balancing inflation, growth and the Omicron wave isn’t easy!!
Read MoreYesterday saw US inflation data reach far beyond expectations and the USD surged as a result – the market is convinced that the US will raise rates at least twice through 2022.
Read MoreRedFX currency update – plenty to digest in terms of data and inflation – something that the global economy hasn’t seen for 2 decades.
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