US Dollar Forecast: US Dollar on Offensive Before Fed Rate Decision. Will it Last? The US Dollar is on the offensive as traders brace for what could be a major hawkish policy pivot at the Federal Reserve. Will Jerome Powell and company deliver? British Pound Forecast: From Famine to Feast - BOE, Hard Data and Brexit Sterling traders will be happy to see a raft of potentially market moving releases and events next week after ...
UK house prices stabilized in February and property coming to the market for sale declined, survey data from the Royal Institution of Chartered Surveyors showed Thursday. more...
Bank of England Governor Mark Carney said bitcoin has pretty much failed as currency as its value is unstable and it cannot be a useful way to buy things. "It has pretty much failed thus far on ... the traditional aspects of money. It is not a store of value because it is all over the map. Nobody uses it as a medium of exchange," he told students at Regent's University in London. more...
UK inflation at highest in 6 years more...
The US dollar had a mixed week amid all-important inflation numbers. The upcoming week features US durable goods orders, housing data, speeches from Yellen and Draghi, and the FOMC minutes as we head into Thanksgiving. Here are the highlights for the upcoming week. Mario Draghi testifies Monday, 14:00. The president of the ECB faces European MPs in Brussels and may lay out an updated view of the euro-zone economies and the inflation ...
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