Global stock markets fell sharply on Monday (August 5), their steepest decline in decades. Investors were nervous for a variety…
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NEWS
USD Index appears offered and could revisit 111.00, FOMC in sight
The USD Index (DXY), which tracks the greenback vs. a bundle of its main rival currencies, adds to Tuesday’s retracement and…
Continue ReadingU.S. dollar rises as Fed likely doing another big hike; sterling sinks
The dollar gained across the board on Monday, regaining some of the luster it lost earlier in the month, bolstered…
Continue ReadingProbability of the Fed Hiking Interest by 75 Bps Stands at 81%
The FOMC meeting is set to happen on November 2 and the probability of a 75 bits per second (bps)…
Continue ReadingJapanese Yen Whipsawed Against US Dollar on Intervention Speculation
Japanese Yen, USD/JPY, US Dollar, PMI, BOJ, Fed, Yield Curve Control, Rates – Talking Points The Japanese Yen has been…
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