US Dollar Forecast: Trump, Xi Meeting May Derail Data-Driven Trade The US Dollar is trying to return to more “normal”, data-driven trade but a meeting between US President Trump and his Chinese counterpart Xi Jinping may complicate matters. British Pound Forecast: GBP/USD Unfazed by Brexit Trigger; More Fed Rhetoric, NFP on Tap Despite all the anticipation surrounding ‘Brexit,’ the British Pound is little changed even as the U.K. ...
US Dollar Forecast - Dollar to be Jostled by Traders Speculation and Fed Officials Forecasts The Federal Reserve announced to the market a ‘hawkish hold’ at its policy gathering this past week, and in turn offered little resolution to the market’s conflict over the Dollar’s current richness or cheapness. Japanese Yen Forecast – Bank of Japan and US Federal Reserve Keep USD/JPY Downtrend Intact The Japanese Yen rallied for ...
US Dollar Forecast - Dollar Climb Now in the Hands of a Heavily-Contested Fed Decision The outlook for the Dollar through the coming week is both highly uncertain and a clear risk of extreme volatility. Regardless of asset, the lightning rod for investors ahead is the FOMC rate decision on Wednesday, September 21st. British Pound Forecast - GBP/USD to Shed August Rebound on Hawkish Fed Rate Decision With market attention turning ...
The battle to control how people pay for stuff is heating up and Goldman Sachs wants a piece of the action. In its first publicly announced bitcoin-related investment, Goldman said on April 30 that it co-led a $50 million financing round for Circle, a bitcoin startup led by serial tech entrepreneur Jeremy Allaire. The startup offers a new digital wallet meant for everyday consumers. China’s IDG Capital Partners was the other lead investor ...
Currencies across Asia are set for a beating, buffeted by a combination of the G3 central banks, a stronger U.S. dollar and newly volatile Chinese yuan, HSBC said. "It will be slim pickings in terms of which Asian currencies to like next year. Even the yuan will be predisposed to bouts of higher volatility, which could further upset the region's currencies," HSBC said in a note Thursday. "While we had expected most Asian ...
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