1. D

    Dollar Up As Latest U.S. Inflation Casts Doubt On Fed Taper In 2021

    The dollar was up on Wednesday morning in Asia. The U.S. currency remained within recent ranges as the latest U.S. inflation data raised doubts that the Federal Reserve would begin asset tapering in 2021. The U.S. Dollar Index that tracks the greenback against a basket of other currencies...
  2. Kelly Yeung

    Could accelerating inflation and Job growth pressure the Fed's decision

    Focus now subsides from the tech stocks and earnings frenzy to the Federal Reserve’s policy two-day meeting and policy decision on Wednesday. No policy change is expected but investors are still waiting for labor market clues and expect the fed to signal or talk about cutting back on the asset...
  3. fullertonmarkets

    China’s GDP& Powell’s Speech May Show That Global Growth Have Peaked

    Inflation is the focus this week, with a US report on consumer prices and Federal Reserve Chairman Jerome Powell’s testimony on Capitol Hill. The US CPI is expected to post another significant gain in June, underscoring a run-up in inflation as the economy emerges from the coronavirus...
  4. fullertonmarkets

    Dollar Bulls May Continue as Inflation Rises

    A key inflation indicator that the Federal Reserve uses to set policies rose 3.4% in May from a year ago, the fastest increase since the early 1990s, according to data released last Friday. With a higher inflation leading to an unexciting stocks market, this may give dollar some support in the...
  5. syamfx2020

    Weekly Economic and Earnings Calendar 14/06/2021 – 18/06/2021

    This week the main highlights of the economic calendar- central bank meetings and inflation data from the UK, Germany and Canada. US earnings to watch: Adobe, Lennar and Oracle
  6. fullertonmarkets

    Dollar Could Dive Below 90-Level If Fed Ignore Tapering Discussion

    If the Federal Reserve’s view on inflation prevails, a few key things must change, particularly when it comes to getting people back to work. Having said that, the Fed is unlikely to discuss about tightening this week, which may send dollar lower again. Solving the jobs puzzle has been the...
  7. fullertonmarkets

    Dollar Expected to Rebound from Jobs Data This Week

    Currency traders are watching this week’s US unemployment rate for cues on the greenback’s path after it retreated from a two-month high against the yen. The currency pair declined as better-than-expected US core PCE inflation data for April failed to push Treasury yields higher. USD/JPY’s...
  8. fullertonmarkets

    Inflation Concerns May Become Dollar’s Friend

    The inflation proves to be a short-term spike that should resolve itself as the economy returns to something like normal. However, short-term inflation can become self-fulfilling if the Fed loses credibility, because then, inflation expectations will lose their anchor to its 2% target. No matter...