Increased risk appetite weakens the U.S. Dollar, boosts stocks
The economic figures published yesterday in the U.S. are another factor [...]
Trading news
Britain to reach 2% inflation target
Britain's citizens raised their expectations for the next 12 months regarding inflation toward a 2% target, as per the Bank of England (BoE) May survey.
The public expects that the inflation, on a quarterly basis, will likely be, compared to February's 1.8%, 2.0%.
Median inflation rate expectations for Britain at 3.4%
Furthermore, the probabilities for a rake hike increased to 41% and were 3% higher than the previous odds for 38%.
From a long-term approach, the respondents expect an inflation rate of 3.4%, on a median basis, compared to February's 2.9% rate.
Moreover, the respondents who have participated in the survey, around 2,143 people, between the period of May 6 and 10, perceive that the economy would gradually weaken further.
Read More
Friday, 10 Jun, 2016 / 1:30
Trading news
Yields plunge, defy logic, after blowout data, but dollar steadies
US economy firing on all cylinders as data keeps getting [...]
ING believes EUR/USD will break 1.20, and you?
What is moving the markets these days? What are the main drivers of currency [...]
