Tag: GDP
USDCHF : Weekly Review 30 May – 03 June 2022
USDCHF has erased some of its 6-week gains, with the 2-week decline reaching a correction of more than 50%. Last week the Swiss franc...
USDMXN: Mexico’s Economic Expansion is Above Expectations
Banxico raised its benchmark interest rate by 50 bps to 7% on May 12, amid concerns about rising inflation risks from geopolitical conflicts and...
US Market Open – US GDP, Claims & FOMC Reaction
The FOMC confirmed unison on 100 bp interest rate hikes by the summer (50 bp in June and July) in the minutes last night....
USDCAD: 1.3000 key level will determine direction
Headlines in regards to how high inflation and rising interest rates will slow growth, and Canada's GDP report last week reinforced the view that...
US Open – PCE Price Index remains elevated but are there signs of softness?
The Core PCE Price Index, the FOMC's favourite measure of inflation, missed by a tick at 5.2% vs 5.3% (y/y). The headline posted a...
EURCHF : Risk-Off sentiment favours Swiss Franc
EURCHF, H4
Markets opened earlier today with concerns over the likely longer-than-expected Russia-Ukraine conflict, after a number of economic sanctions were imposed on Russia from...
