Market Watch

Thu May 9, 2024
It’s Bank of England day and the sterling trades in a narrow range against the US Dollar as investors wait for any hints on [...]
Wed May 8, 2024
The US Dollar continues to gain for a third consecutive day as Treasury yields edge higher. Neel Kashkari, Fed’s Bank of Minneapolis President, mentioned [...]
Tue May 7, 2024
Last week’s jobs data showed that wage growth and hiring cooled in April, just what the Federal Reserve needed to see and for investors [...]
Fri May 3, 2024
The US dollar lost ground overnight with the dollar index falling, extending the post FOMC sell-off. US weekly jobless claims came in lower than [...]
Thu May 2, 2024
Members of the FOMC kept interest rates unchanged in a range of 5.25% to 5.50% as they concluded their two-day policy meeting yesterday. The [...]
Wed May 1, 2024
Data released by the BoJ yesterday suggests that the central bank did as rumoured intervene in the FX market on Monday. The BoJ’s high [...]
Tue April 30, 2024
Despite the holiday in Japan yesterday there was a huge amount of volatility in USDJPY as rumours of central bank intervention led to a [...]
Mon April 29, 2024
The Japanese yen remains under the spotlight after trading to a fresh 34 year low against the US dollar on Friday to finally breach [...]