Today's economic calendar is light, with only US building permits and housing starts scheduled for release.
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Today's economic calendar is light, with only US building permits and housing starts scheduled for release.
UK jobs data released today showed a surprise increase in wages, which boosted the odds of another 25 basis point rate hike by the Bank of England (BoE) to 90%.
This week is relatively quiet on news this week, with the major headline being the FOMC minutes being released on Wednesday.
The DXY remains stuck near the 105 psychological level as markets are eagerly awaiting tomorrow’s FOMC policy decision. On a positioning basis, the USD has been looking a bit stretched looking back over the last 52 weeks with institutional long positions looking a bit on the stretched side.
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Stagflation represents the worst of both worlds for a country's economy.
This week is heavy on economic data coming out from several corners of the world - here's what to look for.
Yesterday, the bond market experienced a significant surge in volatility, as indicated by the MOVE index, which measures bond market implied volatility.
In this article, we will delve into the significance of each data point and discuss how they could impact the foreign exchange (FX) markets.
With the quarter and month end coming to a close, expect some volatility as books are rebalanced.
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