US Dollar (USD) The greenback closed out the month of November at the bottom, with traders reversing their bullish dollar bets on the growing optimism that we can finally shift our focus away from monetary tightening and towards the timing of a 2024 rate cut. While the risk-on sentiment seen throughout global equity markets has […]


by Joshua Mahony
5 months ago

What and when Thursday sees the latest eurozone inflation data released, bringing the potential for major euro volatility as markets adjust their expectations of around the timing of a 2024 rate cut from the ECB. The past two-years has seen plenty of swings in the inflation rate, with October 2022 seeing the headline CPI rate […]


by Joshua Mahony
5 months ago

US dollar (USD) For the second week in a row, the US dollar fell against other major currencies as a cautious Fed and concerning economic indicators fueled speculation about an early rate reduction in 2024. The dollar index slipped into the lowest level since late-August, with a Wednesday pop being reversed in the latter part […]


by Joshua Mahony
5 months ago

USD The US dollar was the big loser of the week, with falling inflation re-enforcing the recent risk-on flight from safety as the odds of a final hike from the Fed fell to just 1%. The Dollar Index (DXY) which tracks the dollar’s performance against a basket of currencies fell about 1.88% during the week, […]


by Joshua Mahony
5 months ago

USD The US dollar was the top performer this week, as the Federal Reserve’s reassurance about its commitment to controlling inflation coupled with haven demand to drive the global reserve currency higher. At the beginning of the week, investors showed a reluctance to invest in USD, due to the poor jobs report, which saw many […]


by Joshua Mahony
5 months ago
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Scope Markets
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Scope Markets offers institutional and retail trading services to businesses and traders worldwide. Our top management team has more than 20 years of experience in the industry, and we are proud of the solid partnerships we built over the years. Whether it's a business or individual, Scope Markets has a wide range of trading solutions that are compliant, flexible, cost-efficient, innovative, and place the client first.

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