ECB MEETING: Dovish hike causes EUR/USD to drop further.
The European Central Bank (ECB) has hiked its three key interest rates by 25bps in September. Market-implied pricing prior to the meeting was 65% in favour of a hike, but there was a lot of uncertainty as to whether it would happen. The most recent data has shown signs of a lagging economy with consumer […]
US Dollar setups ahead of US CPI: EUR/USD, GBP/USD, USD/JPY
It’s a busy week on the calendar with inflation taking centre stage. With a wide list of countries reporting their latest price changes focus on the end of the week will shift towards the US as it releases its July CPI update. Consumer prices are expected to have trended higher in July after a larger-than-expected, […]
Projected UK interest rates in 5 years
UK projected interest rates in 5 years defy current expectations – Photo: Alexander Spatari / Getty Images The UK interest rates have risen sharply in 2022 to combat soaring inflation. Yet as the energy prices and supply pressures start to ease in 2023, is it time for the Bank of England (BoE) to start cutting, or at least […]
Projected interest rates in 5 years: Is the central bank done hiking?
Can the US Fed hold off its planned interest rate rises? Photo: foxaon1987 / Shutterstock.com The US Federal Reserve (Fed) has raised interest rates by another 25 basis points (bps) at the May meeting, bringing the rate to between 5% and 5.25%, the highest level in 16 years, yet hinting that this may be the last rise. […]
