Dollar under pressure as consensus over soft inflation figures in 2023 grows
The dollar fell to its lowest level in 7 months, and bond yields stabilized after a sharp fall on Thursday, as another decline in major US inflation indicators raised hopes for an early end to the Federal Reserve's tightening cycle, and even its first rate cut in the second half of the year.On Friday, the […]
Market braces for EURUSD breakout of 1.08 as risk of inflation easing grows in US
Cautious optimism remains in the currency markets regarding the idea that the signs of the US losing growth momentum will force the Fed to tap the breaks on monetary tightening and prepare markets for an easing cycle. Easing Covid policy in China is also supportive for market sentiment as investors price in a rising Chinese […]
Tradeweb Full-Year ADV Grows 9.9% in 2022
Tradeweb Markets, a NASDAQ-listed operator of electronic marketplaces for rates, credit, equities and money markets, generated a full-year ADV (average daily volume) of $1.1 trillion in 2022. This represents a 9.87% year-over-year (YoY) growth, the company said in its latest trading volume statistics report released on Thursday. AloGatewayis a Global payment processing service and solutions […]