OVERVIEW 1 order of interest rate hikes all round coming up – From Central Banks EverywhereThe SARB and ECB delivered huge rate hikes at 75 basis points and 50 basis points respectively, owing to their fight against the red-hot inflation that continues to grow on the economic thermometer.The U.S Fed will have their turn to
Author Archives: Ras Theron
15
Jul
Jul
overview The Dollar has been resilient in the markets this week as investors fled to the greenback as a safe-haven leading up to the Fed’s interest rate decision. U.S AND SA MARKETS The US Dollar proved strong in the developed markets this week. The Dollar gained significantly against a basket of currencies especially emerging markets.
08
Jul
Jul
The USD market has not had much economic data release this week. On Wednesday, the U.S had their JOLTs Job Openings, which measures job vacancies in the U.S. A reading that is stronger than forecasted is generally supportive for the USD, while a weaker than forecasted reading is generally negative for the USD. It was
01
Jul
Jul
OVERVIEW Investors turn to the Dollar for comfort after Fed chair Powell’s aggressive stance at the ECB’s forum. u.s and sa markets The Dollar has made a strong comeback in the markets this week and we can only see the greenback gaining exponentially against other currencies. This comes after the Central Banks Fed chairman Jerome
24
Jun
Jun
OVERVIEW Recession is on all investors minds and has caused a rift in the markets this week, trading side-ways with little volatility. Central Banks stay head on to raise interest rates in order to tackle inflation despite global growth woes. u.s and sa markets The Dollar market has been choppy this week as recession fears
Currency Insights, Forex News, Uncategorized
Week 24- U.S Fed Delivers Biggest Interest Rate Hike in 28 Years.
17
Jun
Jun
OVERVIEW The Federal Reserve Bank of America raised their interest rates by 75 basis points on Wednesday. This is the biggest rate hike since 1994. Although the Fed has made one of the biggest moves to curb inflation, they are now faced with the reality of a recession as fears ripple through the markets. U.S
10
Jun
Jun
OVERVIEW The Rand has strengthened tremendously against major pairs this week, ahead of U.S inflation today. The Core CPI will be key for next week’s FED interest rate decision. Dollar weakness has been seen across the board and we are yet to see how investors digest inflation data. U.S AND SA MARKETS The U.S has
03
Jun
Jun
overview All eyes are on the U.S as they will be releasing their Non-farm payrolls later today. This will provide investors with much needed insight before their next move. Risk sentiment for the Dollar has since decreased as investors remain cautious before they see the jobs data report. u.s and sa markets Global stocks are
Currency Insights, Forex News
Week 21 – Poor Economic Data This Week Creates Uncertainty In the Markets.
27
May
May
overview This week, the main focus was on the major currencies posting weaker than expected data amidst rising inflation. The Euro Zone will also be joining the band wagon of increasing interest rates in the near future. U.S AND SA MARKETS The Dollar dropped to a one-month low against a basket of currencies including the
20
May
May
OVERVIEW The Rand gains its two week losses after South Africa sees its biggest interest rate hike in 6 years. This comes after the SARB governor announced that they will be hiking our interest rates by 50bps effective from today. U.S AND SA MARKETS The U.S Dollar is trading weaker after treasury yields in the
