"USD: Increasing Sensitivity to Inflation. Neutral We remain medium-term USD bulls, but we continue to believe USD will struggle in the near term. The FOMC meeting this week has changed the near-term outlook as a more dovish than expected Fed has made front end yield differentials less USD supportive. We believe inflation readings will have more importance with employment bouncing back but core inflation remaining low. Should inflation start materially ...
- 3Q U.K. GDP of 0.7% Would Mark the Slowest Rate of Growth Since 4Q 2013. - Slower Economic Recovery Likely to Further Delay the BoE’s Normalization Cycle. Trading the News: U.K. Gross Domestic Product (GDP) The U.K.’s 3Q Gross Domestic Product (GDP) report may spur a lower-low in GBP/USD should the advance reading drag on interest rate expectations. What’s Expected: Why Is This Event Important: ...
Dollar Matches Longest Run in 15 Years - A Distinct Reversal Risk If indeed, the dollar is riding high on the difficulties of its most liquid counterparts; then its trend is fragile and at significant risk of stalling. For indirect strength, the Euro is a key patron as the ECB has further turned from the slow tightening path the Fed ...
- U.K. Consumer Price Index (CPI) to Slow for Fourth Time in 2014. - Core Inflation to Fall Back From 2.0%- Marked Fastest Rate of Growth Since September. Trading the News: U.K. Consumer Price Index A marked slowdown in the U.K.’s Consumer Price Index (CPI) may generate a larger pullback in the GBP/USD as it limits Bank of England (BoE) scope to normalize monetary policy sooner rather than later. What’s Expected: ...
As you may or may not know, the production of the latest Fast & Furious film was stopped abruptly last year, when one of its major stars, Paul Walker, was killed in a car crash. This year, it resumed in April, after it was determined that Paul could be replaced by an intricate tactic of using his brothers as body doubles and a computer to generate his face on film. Today, we find out from the Hollywood Reporter that the said intricate ...
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