It’s a big week for US data. USD has been steadily losing ground since last week and is down against the EUR 0.17% as of this morning. With the ECB
It’s a big week for US data. USD has been steadily losing ground since last week and is down against the EUR 0.17% as of this morning. With the ECB
Last week a better than expected Nonfarm Payroll result (381k) lowered fears of a US recession while raising expectations for another 75 basis points hike from the FED this July.
Risk appetite was boosted late last week as the dollar began to fall and riskier currencies climbed. This was due to better-than-expected growth figures such as employment and retail sales
Last week a better than expected Nonfarm Payroll result (381k) lowered fears of a US recession while raising expectations for another 75 basis points hike from the FED this July.
Last week a better than expected Nonfarm Payroll result (381k) lowered fears of a US recession while raising expectations for another 75 basis points hike from the FED this July.
As markets monitor the risk of recession and ever-rising inflation, appetites are falling to new lows. Key indicators are the rising dollar that some analysts believe will eventually reach 110
As markets monitor the risk of recession and ever-rising inflation, appetites are falling to new lows. Key indicators are the rising dollar that some analysts believe will eventually reach 110
