Category: Experts

Such a scenario will no doubt impact the sentiment of investors, reducing the appeal of pound denominated assets. With further bad news likely to arrive on Thursday, when the Chancellor of the Exchequer is expected to announce a number of fiscally restrictive measures, there may be scope for more sterling weakness. Ricardo Evangelista – Senior…

With inflation finally under control many now expect a less assertive Fed in December, with many betting on a 50 basis points rate hike, instead of the previously expected 75 basis points. This shift in expectations, as well as the increase in investor risk appetite, are likely to create scope for further dollar weakness over…

On the other hand, should October inflation come up above expectations, the dollar is likely to quickly claim back the losses of the previous week. In that scenario we can expect the index that measures the greenback’s performance versus a basket of other major currencies to return to levels above the 112 mark. Ricardo Evangelista…

The latest US inflation figures, to be released tomorrow, will either intensify or dissipate hopes of a change of paradigm by the American central bank. In the meantime, the mid-term election results remain unclear, with the likely scenario of a Republican dominated congress also contributing to the dollar weakness, as it may translate into lower…