Tag: fomc
Gold Under Pressure as Equities & Yields Rally
Equity investors entered the third quarter with an optimistic attitude. Despite the low trading volumes and shortened U.S. trading session, stocks across Europe and...
Data Returns to Drive Markets
Politics and monetary policy take a back seat
The past two weeks have been characterized by the shifting sands of monetary policy. The FOMC has...
Rate hike mania crosses the Atlantic
Carney joins Draghi in tightening camp
At the risk of getting a little ahead of itself, the market is starting to believe that the long...
Another Big Week?
U.K. Government stumbles on
The U.K. Government managed to deliver a Queen’s Speech last week but getting a positive vote on its contents is far...
Canadian Dollar Jumps On Retail Sales – EURUSD, GBPUSD, USDJPY
Daily Forex Market Preview, 23/06/2017
The US dollar continued to trade mixed across the board. Lack of clear fundamentals saw the markets trading mostly subdued.
On...
BoE Haldane’s Hawkish Comments Keeps GBPUSD Mixed – EURUSD, GBPUSD, USDJPY
Daily Forex Market Preview, 22/06/2017
The US dollar index closed bearish yesterday after price rallied to the technical resistance level of 97.40 - 97.50. This...
Brexit Negotiations to Keep the GBP Busy – EURUSD, GBPUSD, USDJPY
Daily Forex Market Preview, 19/06/2017
The US dollar gave up some of the gains on Friday as investors booked profit after the markets digested the...
MPC Shock sees Sterling rally
Three dissenters vote for hike
Following recent inflation data concerns had been surfacing that the Bank of England’s Monetary Policy Committee had been “hiding behind”...
FOMC Hikes Rates
Third hike in 2017
The FOMC raised the target rate for Fed Funds (the rate at which it lends to financial institutions) for the third...
Dollar Recovers After Initial Sell-Off – EURUSD, GBPUSD, USDJPY
Daily Forex Market Preview, 15/06/2017
The US dollar pared losses on Wednesday after initially falling sharply after the FOMC meeting. The Federal Reserve hiked interest...