DOLLAR SMILE THEORY In the early 2000s, economist Stephen Jen developed a theory to explain how the dollar performed in different economic conditions. The dollar smile…
Latest Commitments of Traders (COT) report, April 23, 2024 (17th report of the year) the cut-off date. COT Dashboard (Non Commercials) The below currencies saw an…
Federal Reserve Chair Jerome Powell recently emphasized the ongoing concern about the lack of significant progress in inflation. There are still speculations in the market about…
Analysts anticipate a 2.5% increase in the US GDP growth rate for Q1 2024. Strong recent economic performance raises concerns about the Fed’s rate cut narrative.…
Latest Commitments of Traders (COT) report, April 16, 2024 (16th report of the year) the cut-off date. COT direction table (Non Commercials and Leveraged Funds with…
Latest Commitments of Traders (COT) report, April 2, 2024 (14th report of the year) the cut-off date. COT direction table (Non Commercials and Leveraged Funds with…
The recent release of the CPI data had a mild impact on the USD, contrary to expectations. The core and headline figures exceeded forecasts by 0.1%,…
The US CPI for February is forecasted to remain constant at 3.1% yearly, with core inflation at 3.7% and month on month at 0.3% Fed Chair…
Jerome Powell, the chairman of the Federal Reserve, recently delivered a testimony in Congress addressing various economic factors that are currently shaping the economic landscape. Among…
The Bank of Canada is likely to show patience at its interest rate announcement due to weakening economic conditions, paving the way for rate cuts in…
