Informe semanal

The US dollar recovered early week losses after the Federal Open Market Committee policy statement struck a hawkish tone, bolstering the chances of a December rate hike from the US Federal Reserve.

The British pound performed its second largest one-day gain of the year against the US dollar this week, as news that the United Kingdom and European Union were close to agreeing on a Brexit deal over financial services.

The Bank of Canada hiked interest rates by 0.25 per cent this week as widely expected, bringing the nations overall rate of interest to 1.75 per cent.

The US dollar index recovered early week losses after the FOMC Meeting Minutes showed that the Federal Reserve looked set to continue to hike interest rates.

The US dollar tumbled broadly lower this week, as US President Donald Trump once again directly criticized the US Federal Reserve for hiking US rates to quickly.

The US dollar surged higher across the board this week after bullish comments from Federal Reserve Chair Jerome Powell and better than expected economic data.

The US Federal Reserve increase rates by twenty-five basis points as widely expected this week, bringing the United States rate of interest to 2.25 per cent.

The US dollar index slumped below the 94.00 support level this week as improving investor sentiment towards global growth supported the buying of riskier asset classes.

Cryptocurrencies moved towards the lowest levels of the year this week after news regarding tightening digital currency regulations from the United States weakened market sentiment.

Bitcoin came under heavy selling pressure alongside the broader cryptocurrency in the first trading week of September, as bearish news from Goldman Sachs pushed the BTCUSD pair back towards the $6,000 level.