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Exchange4free Global Forex Report (29/06/2017)

USD On Tuesday, the Dollar took a bit of a downturn following adjusted growth forecasts for 2017 by the International Monetary Fund (IMF). The forecast is down from 2.3 percent to 2.1 percent. The US Dollar came close to its lowest levels on Wedne...
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Exchange4free Global Forex Report (21/06/2017)

USD The Federal Reserve (FED) raised rates last week, surprising markets with the upbeat tone of the rate statement. FED policymakers showed us that the labour market has remained strong. They dismissed weak inflation levels as being temporary. Cha...
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Exchange4free Global Forex Report (14/06/2017)

Exchange4free Global Forex Report (14/06/2017)
USD All eyes will be on the FOMC (Federal Open Market Committee) meeting later this evening, as the FED (Federal Reserve) is expected to deliver their second rate hike of the year. The expectation is for a 25bp hike. With the hike fully priced in,...
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Exchange4free Global Forex Report (07/06/2017)

Exchange4free Global Forex Report (07/06/2017)
USD The Dollar fell yesterday and is now at levels last seen in early October 2016. The Dollar has retraced more than 60% of its gains since highs in December 2016. The political situation is one to keep an eye on, as President Trump distanced t...
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Exchange4free Global Forex Report (01/06/2017)

Exchange4free Global Forex Report (01/06/2017)
USD The USD is weakening against most of the G10 non-commodity based currencies, with EUR up 0.5%. FED president, John Williams, said that he sees a total of three interest rate increases for this year as his baseline scenario; but views four hikes...
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Exchange4free Global Forex Report (24/05/2017)

Exchange4free Global Forex Report (24/05/2017)
USD Tuesday saw the release of US services PMI increasing to a four-month high of 54 points in May from 53.1 points in April; coming in above the expectation of 53.1 points. The above is attributed to growth in new business and recovering job creati...
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