Fundamental Overview The USD recovered most of the losses triggered by Powell’s dovish tilt at the Jackson Hole Symposium. Traders are now focused on the US labour market data due next week that will culminate with a crucial NFP report on Friday. In fact, the data will influence interest rates expectations greatly. Right now, the … Read more
Fundamental Overview The USD started the week on a positive note as the risk of a hawkish Powell has been keeping the markets on edge. We’ve also seen some downside in equities without any fundamental catalyst, which might indicate some profit-taking and hedging into the Jackson Hole event. The recent data shouldn’t give Powell any … Read more
Fundamental Overview The USD had a mixed performance this week following the US inflation data where the Core CPI and Core PPI missed expectations. The greenback has been stronger against the commodity currencies but not as much against the EUR or GBP. After the initial boost from the CPI release, we can say that it … Read more
