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Equity Markets Cheer Dovish Yellen; Dollar Falls

Equity investors across the globe welcomed Chair of the Federal Reserve, Janet Yellen’s testimony with open arms. The Dow Jones Industrial Average jumped 123 points...

BoC Hikes Interest Rates, Yellen Testimony, Remains Non-Committal – EURUSD, GBPUSD, USDJPY

Daily Forex Market Preview, 13/07/2017 The Bank of Canada hike interest rates by 25 basis points as widely expected. The markets are expecting to see...

Yellen Returns to Realism

Rate hike pace likely to slow In her twice-yearly testimony congress, Fed Chair Janet Yellen, yesterday brought a realistic view on interest rates to the...

Trump Jr. Confirms Russian “Meeting”

Dollar lower as son releases email chain It may not be the smoking gun that finally buries Donald Trump’s Presidency but the admission from his...

Traders Focus on Boc, Yellen and UK Jobs – EURUSD, GBPUSD, USDJPY

Daily Forex Market Preview, 12/07/2017 The US dollar was overtaken by the bearish sentiment yesterday. Lack of any clear fundamentals saw investor focus on the...

Seeing the Good

Hi Everybody, If we celebrate every piece of good news, then we must also listen to the bad. However, when listening to bad news we...

U.K. Slowdown Continues

Household spending patterns changing British households spent more money on essentials last month but are holding back of luxury items as uncertainty over the economy...

FOMC Williams: Third Rate Hike Remains The Base Case Scenario – EURUSD, USDJPY, GBPUSD

Daily Forex Market Preview, 11/07/2017 The markets were trading flat yesterday on lack of any clear data to drive the markets. The US dollar remained...

FOMC Facing Credibility Issue

Minutes confirm concerns over future hikes Minneapolis Fed President Neel Kashkari was the only member of the FOMC who voted against a rate hike at...

Payrolls Loom As Policy Stutters

Data not supporting rate hikes This Friday the final NFP report of H1 ‘17 will be released. The data has been patchy at best and...

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