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Dollar Surge: The US Dollar Index Hits a 6-Week High

Over the last week all eyes were on the robust US economic data that has seemingly put to rest any speculation of rate cuts for the remainder of the year, reinforcing the case of persistent inflation. We invite you to click on the link below to gain insights into the events that transpired last week, and what to look forward to in the upcoming week. Stay up-to-date on the latest market developments, and stay ahead of the curve.

Click on the button below for a recap of last week's events and an outlook on what to expect in the week ahead.

Economic Data Releases Dominate Forex Market: Insights on US, Europe and UK's Economic Performance

During the past week the Forex market had been dominated by the impact of economic data releases from major economies. The US and European Central Bank both released their latest monetary policy decisions, which had a significant impact on the currency markets.

Click on the button below for a recap of last week's events and an outlook on what to expect in the week ahead.

Has Inflation Turned A Corner?

It has been a pretty interesting week in the financial markets, rich with macroeconomic events that brought significant volatility in the major financial assets traded by our traders.

Even though the data released in regards to interest rates were anticipated by market participants and had already been considered to be priced in the market. The comments and statements by policymakers had a strong impact fuelling the volatility in the major currencies, gold and also the stock market.

Click on the button below for a recap of last week's events and an outlook on what to expect in the week ahead.

Is the dollar weakness coming to an end?

Here at Audacity we believe it is crucial to always be informed and updated on what’s happening in the markets, particularly in the current economic environment that seems to be heavily reliant on the impact of monetary policies on many different asset classes.

The dollar in particular has become a major driver of volatility with bear traders holding onto their positions waiting for next week's announcement from the Federal Reserve.

Click on the button below for a recap on last week's events on the major traded assets from our Funded Traders and an outlook on what to expect in the week ahead.