Tag: fomc
FOMC to be Guided by NFP
Advance Guidance to become more guarded
It has been a feature of Janet Yellen’s Chairmanship of the Federal Reserve that she has believed in providing...
Sterling in the Spotlight
Regional issues arise as a deal gets closer
Theresa May and Jean-Claude Juncker were forced to admit defeat in their quest to find an agreement...
Dollar Direction Impossible to Predict
Variable influences drive narrow ranges
As traders try to hang on to the profits they have made during the year the dollar’s direction has become...
Dollar set for Boost as Fiscal Reforms Pass
Dollar in tight ranges as FOMC looms
There have been two major issues that have been driving the dollar recently and both look likely to...
U.S. GDP Surprise Fails to Rouse Dollar
Q3 Growth at 3.3%
In much the same way as Brexit is driving Sterling and monetary policy is steering the Euro, it seems that the...
Dollar Lacking Momentum
Fed. Chair Jerome Powell to be confirmed this week
The dollar has been on the back foot over the thanksgiving holiday as the drivers that...
Dollar Suffers as FOMC Turns Dovish
December rate hike called into question
The minutes of the latest FOMC meeting were released yesterday and provided traders a glimpse into the future of...
Sterling Facing Brexit Knife Edge
Hammond to deliver spending plans
Today, Philip Hammond the Chancellor of the Exchequer will deliver his final full year budget to Parliament before the U.K....
Merkel facing Coalition Dilemma
German President wants a coalition
Angela Merkel, the German Chancellor, has found herself in an unusual position following September’s election. She is unable to exert...
Plenty of Data, No Fresh Ideas
Market beginning to look forward to year end
The typical mid-fourth quarter scenario where traders want to start to protect their P&L is beginning as...