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• DXY hit its highest level since early February The dollar edged higher against a basket of major currencies on growing expectations of a Fed rate hike by year-end. This could be due to strong US manufacturing data and comments from Chicago Fed President Charles Evans that the Fed could raise rates three times between now and end 2017. Evans’ comments built on remarks from Fed Williams and Dudley last week, both of whom hinted a near-term increase in interest rate.
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IronFX Portfolio Management’s Hybrid and Dynamic strategies finished September 2016 with strong positive performance. After an extended period of generally low marke...
Market activity has been pretty quiet for most of the month, a typical summer lull, with investors’ attention turned to Fed Chair Yellen’s speech at Jackson Hole f...