Monthly Archives: Luglio 2024
Il tono dovish di Powell colpisce il dollaro
Written on Luglio 3, 2024 at 6:35 am, by
Market Summary Federal Reserve Chair Jerome Powell indicated that recent U.S. economic data suggest inflation is returning to a downward trajectory. However, he emphasised the need for more evidence before the Fed considers shifting its current monetary policy. Consequently, the dollar eased from its recent highs, while U.S. equity markets, buoyed by the dovish tone,Continua a leggere
Lo yen continua a scivolare sulla debolezza dell'economia
Written on Luglio 3, 2024 at 6:35 am, by
Market Summary The U.S. dollar regained strength after a technical retracement earlier in the session. The recent presidential debate over the weekend had a spillover effect on the financial market, with sentiment shifting in favour of Donald Trump’s re-election prospects. This political development, combined with Wall Street strategists advising clients to brace for persistent inflationContinua a leggere
L'euro balza dopo il voto legislativo
Written on Luglio 3, 2024 at 6:34 am, by
Market Summary The dollar’s recent strength was tempered by last Friday’s Personal Consumption Expenditures (PCE) reading, which aligned with market expectations. The mixed results of recent U.S. economic indicators have cast uncertainty over the Federal Reserve’s upcoming monetary policy moves, although part of the market remains optimistic about an October rate cut. The euro surgedContinua a leggere
