The biggest driver of the US Dollar this week will be the FOMC interest rate decision on Wednesday. The committee is expected to leave interest rates on hold; however the key to watch will be Read more…
Evidence of nine Omicron cases discovered in the Nelson-Tasman region of New Zealand last week prompted a move from orange to red light traffic setting over the weekend, meaning new restrictions have come into force. Read more…
The Bank of Canada meets on Wednesday to discuss monetary policy. At its last meeting in December, the Committee left rates unchanged at its all-time low of 0.25% and said it doesn’t see a rate Read more…
Traders expect this week’s Fed meeting to be the proverbial “calm before the storm” of aggressive Fed tightening throughout the rest of the year – see what the possibilities are! On the face, this week’s Read more…
The main event this week will be the Fed’s policy decision at 19:00 GMT Wednesday. No action is expected, but with the markets pricing in four rate increases for this year, the central bank is Read more…
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of NZDUSD. As our members know, NZDUSD is showing incomplete bearish sequences in the cycle from Read more…
The minor gains on Wall Street may not look like much initially, but they become more impressive when compared to their initial losses of around -5%. Monday US cash market close: The Dow Jones Industrial Read more…
Rollercoaster start to the week It’s been an awful couple of months for bitcoin , plunging more than 50% from its highs and looking extremely vulnerable to further losses. What started as a correction in Read more…
After a brighter start to the new week, it was more of the same since the European markets opened. US index futures have turned negative, along with European indices as investors continue to shun risk. Read more…
EURGBP reversed from long-term support level 0.835 Likely to rise to resistance level 0.6800 EURGBP currency pair recently reversed up from the long-term support level 0.835 (which has been steadily reversing the pair from 2016), Read more…