Dollar rises ahead of Fed minutes; sterling turns lower as traders parse CPI
Dollar rises ahead of Fed minutes; sterling turns lower as traders parse CPI
Source link
Similar Posts
NOK: Norges Bank seen on hold at 4.00% – TD Securities | FXStreet
TD Securities expects Norges Bank to keep its policy rate unchanged at 4.00%, noting stubbornly sticky inflation and risks of re-acceleration after the Middle East crisis and energy price shock. The bank anticipates a cautious statement that stresses elevated global uncertainty and less-committal projections for 1–2 rate cuts this year, dependent on conflict duration. Policy…
Inflation and Currency Value: How Rising Prices Affect Rates? – Edge-Forex
Inflation and currency value are deeply connected. When inflation rises, the purchasing power of a currency often declines. This decline influences how that currency performs in the global market. As prices go up, currencies may depreciate due to reduced investor confidence and economic instability. Traders, investors, and central banks closely monitor this connection. Understanding the…
A season for Gold
1) Follow the leader: Growth vs value Another of my daily go-to charts is the ratio between Large Cap Growth and Large Cap Value. The chart below shows the relative strength between these via the SPYG (SPDR S&P 500 Growth) and SPYV (SPDR S&P 500 Value) ETFs. This chart is from FastTrack. Growth, in general,…
Rupee Hits Record Low – Drop to 87.58 Stirs Market Panic – Edge-Forex :
The Indian economy is facing a new challenge as the rupee hits record low of 87.58 against the US dollar. This steep fall has left traders, investors, and policymakers on edge. The depreciation of the Indian currency has been fueled by growing concerns over a potential RBI rate cut and uncertainties in global trade. As…
Bullish Cycle Underway – Forex Market Analysis – ForexCycle.com
Elliott Wave Analysis Suggests a Strong Bullish Cycle as PEL Completes Wave II Correction Piramal Enterprises Ltd (PEL) has completed its Wave II correction. Now, the stock is in the early stages of a strong bullish cycle. The Elliott Wave count suggests that the stock has formed a significant bottom and is set to advance…
