Markets Global core bonds on Monday already showed a loss of momentum following Friday’s post-ISM surge and effectively lost some ground yesterday. Especially in the US, they remain well above Friday’s opening levels though. The start of the US Treasury’s mid-month refinancing operation helps explain some weakness. They eventually kicked off with a well-received $40bn […]
The post The Test is Ongoing With Dollar Unable to Really Fight Back appeared first on Action Forex.
AUD/CAD moved higher this week as markets increasingly positioned for a divergence in policy outlook between the RBA and the BoC. Attention now turns to the BoC decision today, where rates are expected to remain Read more…
Equity markets may initially react positively if the Federal Reserve delivers a more neutral hold than expected, as outlined in our Fed analysis. A softer tone could ease rate concerns and lift risk sentiment in Read more…
The Federal Reserve is widely expected to leave interest rates unchanged at 3.50–3.75% today, with little room for surprise on the decision itself. Instead, markets are focused squarely on the message. While many participants are Read more…