Market News
Economic theory states that high inflation should lead to higher rates which should lead to a stronger currency
Read MoreThe market expected 490,000 jobs to be added, but the actual number was 431,000.
Read More"We're not going to let high inflation become entrenched… (as) the costs of that would be too high." - The Federal Reserve
Read MoreThe USD is boosted by safe haven buying an good employment data
Read MoreThis pushed the USD higher on the day, after a very volatile week.
Read MoreWe 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 MoreAs the USD retreats after 3weeks of strength, the key 10yr yield peaked at 1.627% yesterday, but ended at 1.58%. EUR/USD climbed to 1.1650 on this weakness, and GBP/USD sits near 1.3760
Read MoreRedFX currency update – plenty to digest in terms of data and inflation – something that the global economy hasn’t seen for 2 decades.
Read More