Global Financial Market News

Global Financial Market News
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Greenback weakness The US payroll figure last Friday really put a thorn in the FOMC’s side. Most of the Fed members have been very hawkish in recent weeks, culminating with Janet’s commentary that the data is good and we expect to raise rates twice this year. That is now unlikely to happen, not even one […]

Dollar gains vs Pound, Euro as Brexit fears rise

Dollar gains vs Pound, Euro as Brexit fears rise
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What does it all mean? A referendum will be held on the Thursday 23rd June. The public vote will determine whether Britain will remain part of the European Union or exit. Britain to leave the EU is extremely favourable amongst the British people as they believe the rules and policies that are imposed on its […]

Monthly Currency Trading News

Monthly Currency Trading News
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May Market Overview $Us Dollar:  May started with disappointing ISM Manufacturing and increased Unemployment Claims while Non-Manufacturing PMI improved. This followed with disappointing ADP Non-Farm and Non-Farm Employment Change. Unemployment Rate remained at 5% and Average Hourly Earnings m/m came unchanged. Crude oil Inventories came above expectations first week and well below the second week. Core […]