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According to the most recent minutes from a Fed meeting, a rate hike is highly likely in December
Dollar long positions eroded going into this past weekend on mixed signals from the US congress and their proposed tax reform plans.
A recent US data docket showed US GDP grew by 3 per cent in the third quarter of this year, and the dollar's fortunes have been improved by the optimism around President Trump’s tax plans.
The arrival of Trump's master tax plan and deteriorating sentiment in Europe have benefited the greenback in a big way
Below is a look at the most important data that may have a direct or indirect impact on the readings to be released today:
Despite the Fed's decision to keep rate unchanged, the response to the US dollar has been poor.
Decisions on a balance sheet drawdown in the Eurozone to be brought forward
Hormoz Faryar breaks down the regulatory challenges the digital currency faces in its march towards mainstream acceptance.
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