Hungarian Wage Growth Shines Bright But Still Can’t Heat The Economy
Wage growth came in slightly lower than expected in August – stabilizing at a high level, but not high enough to encourage earners to spend even more.
Flying Nearly Blind, Fed Almost Guaranteed To Cut Interest Rate This Month
Look for a quarter-point cut even though the BLS will post the CPI ahead of the meeting.
GBP/USD Forecast: Market Awaits Dollar Direction
The British pound has reached the 50-day EMA against the US dollar, trading near mid-range levels as traders watch broader USD trends for the next directional move.
Pound Sterling Trades Lower Due To Escalating BoE Dovish Expectations
The Pound Sterling consolidates near 1.3470 against the US Dollar amid trade tensions between the US and China.
Liquidity Warning: SOFR Raises The Red Flag
After years of having a sizeable store of liquidity, the financial system now lacks excess liquidity.
EUR/USD Pares Gains With US Industrial Production On Focus
The Euro retreated to 1.1585 after peaking at 1.1730 earlier in the day.
Yen Nears End Of Corrective Phase
Market sentiment remains highly sensitive to rhetoric from the Federal Reserve and statements from the White House.