After pausing at the last meeting, the Fed will announce its rate decision today with a widely expected 25-point hike to a range of 5.25%-5.50%. This event is 97% priced into interest rate futures, according Read more…
After pausing at the last meeting, the Fed will announce its rate decision today with a widely expected 25-point hike to a range of 5.25%-5.50%. This event is 97% priced into interest rate futures, according Read more…
The Bank of Japan will announce its latest policy decision on Friday after concluding its two-day meeting. Speculation has been intensifying in the run up to the meeting about what the central bank will decide, Read more…
Markets The countdown to a Fed decision most often is a long-drawn yawn with eco data often ignored. Today, even these ’to be ignored‘ data were almost completely absent. US new home sales, to be Read more…
Daily Pivots: (S1) 1.2840; (P) 1.2872; (R1) 1.2935; More… GBP/USD’s recovery from 1.2796 continues today but stays below 1.2963 minor resistance. Intraday bias remains neutral at this point. On the downside, below 1.2796 will resume Read more…
Gold has posted solid gains in July after bouncing off the four-month low of 1,892 in late June. Although bullion experienced a pullback following a fresh two-month peak of 1,984 on July 20, it stormed Read more…
Australian inflation falls more than expected Fed widely expected to raise rates by 0.25% on Wednesday The Australian dollar is in negative territory on Wednesday. In the European session, AUD/USD is trading at 0.6758, down Read more…
Australian inflation falls more than expected Fed widely expected to raise rates by 0.25% on Wednesday The Australian dollar is in negative territory on Wednesday. In the European session, AUD/USD is trading at 0.6758, down Read more…
USDJPY bulls took a breather after a constructive week, which saw the pair bouncing from a low of 137.23 to a high of 141.94. The pair recouped half of July’s freefall, but the 20-day simple Read more…
USDJPY bulls took a breather after a constructive week, which saw the pair bouncing from a low of 137.23 to a high of 141.94. The pair recouped half of July’s freefall, but the 20-day simple Read more…