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The Dollar Holds Strong as Headline Inflation Ticks Back Up
FX Empire via Yahoo Finance· 9 months agoAnnual non-core inflation in the USA for July came in at 3.2% on Thursday 10 August, slightly lower...
BoE Hikes as Struggle Against Inflation Continues
FX Empire via Yahoo Finance· 1 year agoOne of the most important items of news this week was Thursday’s statement and press conference from the Bank of England. As widely expected, there was a...
Strong British Data Gives the BoE More Room to Hike
FX Empire via Yahoo Finance· 9 months agoThere’s been a range of mostly positive data from the UK since late last week which is part of the reason for the pound’s continued multi-year highs...
Traders Still Expect a Pause by the Fed This Month
FX Empire via Yahoo Finance· 12 months agoGold and the US dollar haven’t moved strongly this week after the House of Representatives passed the debt deal on Wednesday night GMT as expected. The...
European Recession in Focus Ahead of the ECB
FX Empire via Yahoo Finance· 12 months agoWith the eurozone and Germany now in a technical recession, the euro has nevertheless made gains so far this week and major indices have held close to...
US Inflation Eases Slightly; Gold’s Gains Resume
FX Empire via Yahoo Finance· 2 weeks agoAfter mildly lower inflation and weaker advance GDP for the first quarter in the USA, there are some signs that the economy is cooling off. The dollar...
Bitcoin rallies to a 2-month high after inflation data, shrugging off FTX and DCG troubles for now
Business Insider via Yahoo Finance· 1 year agoBitcoin offices in Istanbul, Turkey on June 21, 2022.Umit Turhan Coskun/Getty Images Bitcoin jumped...
Silvergate and other crypto-linked stocks climb as bitcoin notches its highest price in 5 months
Business Insider via Yahoo Finance· 1 year agoYuichiro Chino/Getty Images Silvergate stock surged more than 12% on Monday after bitcoin hit a...
Loonie Struggling Amid Weaker GDP and a Cautious BoC
FX Empire via Yahoo Finance· 6 months agoOne of the main central banks meeting this week was the Bank of Canada (‘BoC’), which kept its target overnight rate at 5% and downplayed rumours of a...
Sterling Wobbles After Higher Inflation
FX Empire via Yahoo Finance· 7 months agoMixed British data this week has driven the pound strongly downward against the euro while other major pairs with sterling have been mostly less active....