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Bullish view on USD Despite Fed

A more peaceful outcome of the Fed meeting last week does not change our positive view on the prospects for the US dollar. For the history, US currency strength is related to the differential of economic growth greater than the differential of rates. Concerns about the Federal Reserve on global growth underlines the divergence between… Read more

Strong Jobs But No Inflation In UK

This week saw the GBP traders being pretty busy in the sense that we had two major economic releases: CPI (Consumer Price Index) and jobs data. While CPI or inflation continued to disappoint, jobs data was coming at a solid pace as job creation is on the rising path in UK and as a consequence unemployment… Read more