Central bank body BIS warns of hedge fund leverage in government bond markets

Yesterday’s US inflation data failed to support expectations of a dovish Federal Reserve, causing a rebound in the previously oversold US dollar. We anticipate further hawkish adjustments in the coming weeks, which could lead to an increase in the dollar’s value. Today, attention will be focused on the US Producer Price Index (PPI) and the…

By RoboForex Analytical Department  The EUR/USD pair surged to a fresh three-year peak on Monday, holding steady at 1.1518 amid growing unease over US economic policy. Key Drivers Behind the EUR/USD Rally Investors returning from the Easter break were met with renewed concerns over the US White House’s stance on the Federal Reserve and its Chair, Jerome Powell. Questions surrounding…

By Steve Schifferes, City St George’s, University of London  This is the second in a two-part series. Read part one here. Globalisation has always had its critics – but until recently, they have come mainly from the left rather than the right. In the wake of the second world war, as the world economy grew…