The Impact of US Midterm Elections on the Federal Reserve and the US Dollar
The prospect of gridlock returning to Washington, D.C. has profound implications for the Federal Reserve and the US Dollar.
The prospect of gridlock returning to Washington, D.C. has profound implications for the Federal Reserve and the US Dollar.
The first full week of September will produce several critical interest rate decisions.
Americans are deeply unhappy with the state of the US economy ahead of midterm elections.
The index shifted between gains and losses as sentiment suffered on the back of soaring European energy prices.
Liz Truss to become the third UK Prime Minister in six years.
G7 oil price cap attracts a tit-for-tat response from Russia in latest energy standoff. EUR/USD traded below 99 cents and fiscal support from UK PM front runner lifts GBP
The greenback continues to print fresh two-decade highs, helped by ongoing weakness in the Euro and the British Pound.
AUD/USD begins the trading week lower as economic data and a stronger USD weighs on the Aussie dollar, while attention now shifts to tomorrow’s RBA rate announcement.