Friday, November 15, 2024

Dollar strong, zloty stronger

A small surprise uptick in September's US inflation reading bolstered the dollar, which also benefitted from a general investor aversion to risk. Despite these...

Zloty Weakens Amid Rising Middle East Tensions and Strong U.S. Labor Data, USD Gains Momentum

For the zloty - as with other regional currencies - it was a weak week. Rising tensions in the Middle East have led investors...

August rally of GBP/USD: What’s behind the dynamic increase in the exchange rate?

The weakness of the dollar and the strength of the pound have resulted in an impressive August rally for the "cable" exchange rate. The...

U.S. Unemployment Claims Dampen Investor Sentiment

"Second-tier" data such as U.S. unemployment claims played the "lead violin" yesterday, partly due to this week's relatively sparse macroeconomic calendar. The unexpected data...

Calm Day in Financial Markets, Fed Speaks Today

Yesterday was a quite calm day in financial markets which was a result of scant data in the macro calendar. Yields on US Treasury...

Pound weakens as inflation data disappoints markets

This morning, the Pound weakened. This is the effect of the announcement of inflation data for November. Consumer prices fell more strongly than expected,...
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