Decisions on a balance sheet drawdown in the Eurozone to be brought forward
US equity index contracts have witnessed a slight decline on the start of trading on Tuesday, as markets await a number of major earnings reports to be released today.
Despite the Fed's decision to keep rate unchanged, the response to the US dollar has been poor.
Decisions on a balance sheet drawdown in the Eurozone to be brought forward
Hormoz Faryar breaks down the regulatory challenges the digital currency faces in its march towards mainstream acceptance.
The US dollar weakened in July, but the fall has halted following Friday's positive US non-farm payroll data.
The AUDUSD fell nearly 70 pips from its daily high of 0.8042, following the RBA's rate decision. The rate statement contained some positives as well as some negatives. The RBA noted that the continued rise of the Australian dollar may create an obstacle to growth and may delay inflation to reach the target, and added that the current labor market conditions are positive.
As political doubts translate into economic doubts in the US, the dollar is in for a rocky ride
Thanks to the second rate hike in June and worsening unemployment, weakening US data is keeping the Fed on its toes.
Learn about financial stress tests for US and European banks.
Prices may be delayed by 5 seconds. Prices above are subject to our website terms and conditions. Prices are indicative only
© 2022 Equiti, All Rights Reserved