Dollar reversal

February 19, 2015

The minutes of the January FOMC meeting appears to show a committee looking to keep rates lower for longer. This took the market by surprise and put the dollar on the back-foot. This came in the wake of the latest labour market data, which also showed better data for earnings. The other thing that came from the minutes is that the Fed want to be convinced that the pace of activity is sustainable before raising rates. The final factor, less mentioned but cannot be ignored, is the fact that many central banks have been moving to cut rates, which has the potential to put further upward pressure on the the dollar. A rate hike this year is still far from a done deal…

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February 22, 2017
Crude oil look set to resume bullish trend
Oil prices have been coiling for several weeks now with both contracts spending most of their time in a tight four dollar range...
February 22, 2017
Investors are questioning the stability of EU, should you?
The US radiant future under the Trumpnomics remains a hot topic for speculation, propelling the greenbacks demand. More and more investors are trying to hop on the Dollars gravy train, as caution is lowered...
February 22, 2017
Brent remained strongly bid
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