Tag: Fed
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...