Dollar loses some ground but key levels still intact for now
The dollar was steadier to start the session but is finding itself on the backfoot as stocks turn positive with European indices seen up around 0.2% to 0.4% while US…
Eurostoxx futures +0.8% in early European trading
German DAX futures +0.6% UK FTSE futures +0.6% This mirrors the optimistic tone from US futures, with S&P 500 futures seen up 0.5% currently. So far to start the new…
Fed’s George Fed Pres. George: Speed at which interest rates should rise an open question
Kansas City Pres. Esther George on the wires saying: speed at which interest rates should rise an open question moving too fast risks over steering communicating the path for rates…
Euro flirts with parity amid fears of cutting off gas supplies from Russia
As Russia’s Nord Stream 1 natural gas pipeline is shut down for scheduled annual maintenance, some particularly unrestrained traders have thoughts floating around in their heads that Russia will completely…
USD/JPY Technical Analysis: Strong USD with Expectations of Rate Hike
Federal Reserve officials became more determined last month to keep raising US interest rates for longer to prevent rising inflation from becoming entrenched, even if it slows the US economy. Policymakers…