Summer markets historically mean low volumes and quiet flows. Traders are on vacation and risk taking is in first gear until trading desks are fully manned again in September.
10 August 10:37
US inflation numbers this week should certainly provide more thrills and spills for traders. This is especially likely after Friday’s July US employment data was a blowout across the board.
8 August 11:03
Several Fed officials have signalled that the US central bank was committed to its aggressive fight against soaring prices, despite their supposed “pivot” last week to end of the tightening cycle and jumbo-sized rate hikes as perceived by the markets.
3 August 12:10
We are accustomed to fairly subdued trading sessions ahead of key risk events. But yesterday saw the greenback gain a bid and advance against most of its major peers.
27 July 10:42
The benchmark dollar index, DXY, is falling for a fourth consecutive session, as the retreat from a jumbo 100bp rate hike by the Fed next week continued to play out.
20 July 09:01
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