Currency News

Dollar Weakens as Rate Cut Expectations Shift The U.S. dollar is increasingly under pressure as shifting market expectations surrounding the Federal Reserve’s next moves weigh on its outlook. A recent article by Nick Timiraos in the Wall Street Journal, *The Fed’s Rate-Cut Dilemma: Start Big or Small?*, brought fresh insights into how market participants are … Read more

Dollar Strength After CPI Surprise Yesterday’s U.S. CPI report once again reminded traders why inflation data is still a critical driver of market sentiment, especially in the context of the Federal Reserve’s monetary policy. The print came in higher than expected, with shelter prices being the main contributor to the surprise uptick in inflation. This … Read more

ECB Rate Cut: What to Expect? As we approach the European Central Bank’s (ECB) highly anticipated rate decision, markets are holding their breath for what seems to be a foregone conclusion—a 25bps rate cut. This move is widely expected, as ECB officials have already signaled a measured approach to rate cuts given the backdrop of … Read more

Yen Strength: What’s Driving It Yen Gains Momentum: What’s Behind the Move? The Japanese yen has been showing renewed strength recently, and it’s catching the attention of traders globally. After a long period of relative weakness due to the Bank of Japan’s (BoJ) ultra-loose monetary policy, the yen is starting to gain traction. What’s driving … Read more

Euro/Pound: A Dip Buying Opportunity? Euro/pound is currently hovering around strong support levels, and today’s UK labor report has provided additional factors to consider. While payrolled employees dropped by 59,000 in August—indicating possible labor market strain—the broader employment picture is more optimistic. The UK saw a surge of 265,000 new jobs in the three months … Read more

Waiting for the UK GDP: What Will It Show? Today’s UK labor data has delivered a complex picture, setting the stage for tomorrow’s GDP release, which could significantly impact the pound’s direction. On one hand, payrolled employees decreased by 59,000, or 0.2%, in August 2024—marking a concerning development for wage-earners. This fall follows a downwardly … Read more

US Labor Market: Deteriorating but Not Collapsing Recent labor market data for the U.S. shows signs of a slowdown, but it’s not a full-blown collapse. In August 2024, the economy added 142,000 jobs—falling short of expectations of 160,000 but still a notable improvement from July’s downwardly revised 89,000. Key sectors such as construction (+34K) and … Read more

ed Blackout Period: What It Means for Markets Fed Blackout Period: What It Means for Markets The Federal Reserve has officially entered its blackout period ahead of the September 19th FOMC meeting. During this time, no Fed officials are allowed to make public statements, leaving markets in a holding pattern. The next major focus is … Read more

Gold’s Path Higher: Weak Labor Data and Key Economic Releases in Focus The Federal Reserve is walking a tightrope as it approaches the September 18 meeting, with the focus now squarely on the labor market. Under its dual mandate of price stability and maximum employment, the Fed has made considerable progress on controlling inflation, but … Read more

Gold’s Outlook: Will Weak Labor Data Push It Higher? The U.S. labor market has taken center stage as we approach the highly anticipated September 18 Federal Reserve meeting. With the STIR market currently pricing in four full rate cuts by year-end, there’s increasing speculation that one of the remaining three Fed meetings could deliver a … Read more