As the whole talk on Powell’s comments at the Jackson Hole Symposium fades, the market now looks ahead to the upcoming Jobs report which is one of the Key economic indicators the Fed will rely on for its next monetary policy decision in September. The Federal Reserve Chairman, Jerome Powell maintained a hawkish tone at […]


by Adegbotolu Kehinde Erastus
7 months ago

USD It’s been all good for the US dollar as it closed higher for the 6th week, reigning superior dominance over other currencies and reminding us of its haven status in times of economic downturn. The dollar index which tracks the strength of the US dollar against a basket of currencies rose about +0.73% this […]


by Joshua Mahony
7 months ago

USD The US dollar secured another week of upside, concluding a fifth week of gains thanks to positive data reports and a hawkish Federal Reserve. Also, Chinese economic woes have triggered the influx of investors towards the haven US dollar with news of Evergrande filing for bankruptcy as it battles a debt crisis heaps more […]


by Adegbotolu Kehinde Erastus
7 months ago

USD The US dollar put up another fine performance to end the week very strongly against other major currencies as the much-anticipated inflation report influenced its price movement. This period of strength has now seen the dollar on the front-foot for four week straight. Much of that strength can be attributed to have demand, as […]


by Joshua Mahony
8 months ago

This week brings a significant focus on UK economic data with the inflation report due out on Wednesday bringing a particular source of volatility for financial markets. The elevated nature of UK inflation has been a driver of sterling outperformance over recent months and there are question marks over whether that will continue once the […]


by Joshua Mahony
8 months ago

Thursday sees markets gear up for the main event of the week, with US inflation data due to be released at 1.30pm UK time. Inflation remains the key determinant of market sentiment given the impact is has upon monetary policy. Recent moves to slow the pace of tightening come in response to a disinflation drive […]


by Joshua Mahony
8 months ago
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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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