Written by Terri Belkas, Currency Analyst · The Bank of England's meeting minutes revealed 2 dissents in July - 1 in favor of a 25bp cut, and 1 surprising vote in favor of a 25bp hike · Canadian CPI rocketed to a nearly 3-year...
Written by Terri Belkas, Currency Analyst is anticipated to have contracted 2.6 percent during June, following a 3.5 percent gain during the month prior, which happened to be the largest rise since 1979. However, according to...
Written by Terri Belkas, Currency Analyst The Federal Reserve's Beige Book report for the month of July supported the hawkish commentary by Philadelphia Fed President Charles Plosser on Tuesday, as all of the twelve Districts...
NEW YORK (AFP) - The dollar strengthened Tuesday on comments from a Federal Reserve official indicating a rise in US interest rates may be coming sooner than the market believes. The euro dropped to 1.5781 dollars at 2100 GMT...
Written by Terri Belkas, Currency Analyst The 4:30 EDT release of the minutes from the Bank of England’s July meeting – when the Monetary Policy Committee left rates unchanged at 5.00 percent – presents major event risk for...
Written by Terri Belkas, Currency Analyst On Tuesday, the Canadian dollar tumbled versus the US dollar for a variety of reasons, including a drop in the price of oil, disappointing Canadian retail sales, and hawkish comments by...
Written by Terri Belkas, Currency Analyst The release of Canadian consumer spending data is likely to add to evidence suggesting that the Bank of Canada will leave rates unchanged going forward, and may even consider raising...
Written by Terri Belkas, Currency Analyst · US leading indicator index falls negative for 9th time in the past 12 months, Australian producer price growth slows · Monday's biggest market-mover was the release of AmEx's Q2...
Written by Terri Belkas, Currency Analyst The release of Canadian consumer spending data is likely to add to evidence suggesting that the Bank of Canada will leave rates unchanged going forward, and may even consider raising...