Forex

Forex

Currency Markets

Great British Pound Currency

Sterling rises ahead of Florence and the Maychine

Just as US markets marked the end of a 9 day winning streak, markets in Asia started the day in a similar vein before rolling over further after North Korea upped...
Canadian Dollar

USD: Fade The Fed; Good Level To Sell USD/CAD

TD FX Strategy Research notes that the USD price action post-FOMC likely reflects that the market was looking for the Fed to scrap from the dots a rate hike this year...
US Dollar Currency

The Fed caused a storm in the markets and explosive growth of USD

The Fed promises to start shrinking their balance from October and has kept the rate unchanged. However, committee’s forecasts caused a powerful wave of dollar growth immediately after the publication. The...
US Dollar Currency

Dollar bulls awaken as Yellen announces twin tightening

The struggling greenback has finally found a lifeline after the Federal Reserve maintained its intention to raise interest rates in 2017 and begin the process of trimming the balance sheet. Before the...
Federal Reserve

Dollar shines as Fed meets expectations; yen fails to find support on BOJ decision

The dollar advanced against a basket of major currencies on late Wednesday, rising to a one-week high after the Fed’s rate-setting committee decided to set October as the starting date of...
Janet Yellen - Federal Reserve

Hawkish Fed sets date for start of QE roll-off

As expected the US Federal Reserve fired the starting gun on its plans to reduce the size of its balance sheet, with plans to begin the process next month, though with an...
US Dollar Currency Yen

US dollar, stocks rallied on hawkish Fed

The US dollar is the main driver of the currency markets after the Federal Reserve (Fed) delivered a surprisingly hawkish accompanying statement on Wednesday. Cable retreated to 1.3448 (minor 23.6% retrace on August...
US Dollar Currency

Dollar eases ahead of FOMC decision; oil up after Iraq says to cut oil...

While geopolitical tensions escalated after the US President used stronger language against North Korea at his first speech in front of global leaders at the UN on Tuesday, the dollar showed relatively little reaction...
Reserve Bank of New Zealand

Kiwi jumps on election poll, dollar subdued ahead of Fed meeting

The kiwi dollar was the largest mover among major currencies on Wednesday, rising to a 1-1/2 month high after a poll showed New Zealand’s ruling National Party has a wide lead...
Canadian Dollar

USD/CAD Canadian Dollar Higher Ahead of Fed Meeting

The Canadian dollar appreciated on Tuesday after losing traction at the beginning of the week as Bank of Canada (BoC) Deputy Governor Lane said the strength of the loonie would be...
US Dollar Currency

USD: Balanced Risks From FOMC But Would Buy The Dip If We Get One

Bank of America Merrill Lynch FX Strategy Research expects the FOMC September statement to imply that the Fed is a bit more upbeat about the risks to inflation and growth, however, BofAML...
Stock Market Janet Yellen FOMC

All Eyes on Fed

The markets are little changed overnight as they await the outcome of the 2-day Federal Reserve meeting that ends today. Many will be focusing on the Fed’s description of inflation in...
Shinzo Abe

Abenomics set to take centre stage

The Japanese economy is taking centre stage at present, as Shinzo Abe is set to call a snap election for October in order to maintain power. This comes off the back...
Great British Pound Currency US Dollar

Fed in focus, as markets prepare for balance sheet reduction

The pound has managed to hold onto most of the gains of the last few days in the wake of last week’s surprise Bank of England about face on the prospects for a...
Swiss Franc

Swiss franc falls to lowest versus euro since January 2015

The Swiss franc fell to its lowest level in over two years against the euro on Tuesday, as relative calm over North Korea eased demand for perceived safe-haven currencies. The franc, which...
Great British Pound Currency

The Pound is regaining positions. What’s next?

The GBP/USD is back to the highs it reached in June 2016. It was achieved with the help of the macroeconomic statistics, which turned out to be better than before. However,...
Federal Reserve FOMC Stocks

FOMC meeting preview: Ready for the great unwind

The Federal Open Market Committee faces a big test this week – can it announce the start of its balance sheet reduction operation without sparking something like a taper tantrum? This...
US Dollar Japanese Yen

Dollar climbs vs yen ahead of FOMC; pound loses ground after Carney speaks on...

On Tuesday, the dollar hit a fresh eight-week high against the yen in Asia with investors widely expecting the Fed policymakers to announce the start of monetary tightening later this year...
Europe

FOMC To Focus On Data, Three Reasons For Sterling Strength, ECB Ready

Talking Points Rift in hard and soft economic data Sterling Bullish Due to Three Main Reasons ECB Ready Rift in hard and soft economic data Retail sales below forecast and downward revision ...
Great British Pound Currency

Sterling Moves to New Yearly High as Traders Anticipate Upcoming Rate Hike

The British pound soared to a new 2017 trading high, after the Bank of England (BOE) minutes commented that higher inflation and a pick-up in UK growth could lead to a...
Federal Reserve FOMC Stocks

Monetary policies to remain at center stage

Sterling surged above $1.36 last week, reminding investors that central banks remain the strongest drivers of currency markets. GBPUSD has risen 3% in two days, to trade at a 15-month high...
Federal Reserve

Week Ahead: All eyes on the Federal Reserve

Will the Federal Reserve start to reduce its balance sheet or will it opt to wait a little longer? FOMC meeting Hold on to your hats: the time has arrived for the Federal...
Japanese Yen

Safe-havens pull back as US seeks peace with N.Korea; dollar steady ahead of FOMC

On Monday, safe-haven currencies were trading lower as UN leaders were preparing to kick off a meeting on Tuesday to discuss possible solutions on North Korea’s nuclear programs, with the US seeking a peaceful resolution....
Janet Yellen - Federal Reserve

All eyes on the Fed this week as investors mull a tightening shift

The health of the global economy appears to be starting to give mixed signals if last week’s price action is anything to go by, with crude oil prices rising sharply in...
Great British Pound Currency

GBP: Buy Any Dips From Here; 3 Reasons

Credit Agricole CIB FX Strategy Research recommends buying any GBP dip post-BoE for the following reasons. Firstly, the BoE stance could continue to support the market expectations about a potential BoE hike. Secondly, expectations that PM...
Great British Pound Currency

Pound jumps after BoE signals rate hike; dollar also up on strong US inflation

Central bank meetings dominated today’s European session, while US CPI was the main data in focus. The pound soared to a fresh one-year high against the dollar after the Bank of...
US Dollar Currency

US inflation data beats expectations

The US labour market and inflation data are looking all the more impressive after today's economic results - even Yellen in the FED will be taking notice and thinking about the...
Mark Carney

Markets react calmly to North Korea missile test, as Bank of England sinks gilts

Yesterday proved to be another mixed day for global equity markets with the Dow closing at another record high, while the rest of the major US benchmarks closed lower. Today’s market open looks set...
Bank of England

What to expect from the BoE?

Today’s Bank of England Monetary Policy Committee (MPC) announcement is the main event of the week. While it is highly unlikely that we will see an immediate interest rate hike, or...
Great British Pound Currency

Super Thursday Is Here While BOE Under Pressure, Gold Open Interest Increases

Topics Sterling is facing a hard cold reality The Bank of England will have no other option but to let the inflation run higher Don't be fooled by the current sell-off...

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FOMC meeting preview: Ready for the great unwind

Federal Reserve FOMC Stocks
The Federal Open Market Committee faces a big test this week – can it announce the start...

The Pound is regaining positions. What’s next?

Great British Pound Currency
The GBP/USD is back to the highs it reached in June 2016. It was achieved with the...

Gold Slips to 2-Week Low, US Housing Data Next

Gold has lost ground in the Monday session. In North American trade, the spot price for an...

Dollar shines as Fed meets expectations; yen fails to find support on BOJ decision

Federal Reserve
The dollar advanced against a basket of major currencies on late Wednesday, rising to a one-week high...

Oil rises after Iraq signals possible OPEC cut extension

Oil Commodity
Oil prices rose on Wednesday after Iraq’s oil minister said OPEC and other crude producers were considering...

Featured

FOMC meeting preview: Ready for the great unwind

Federal Reserve FOMC Stocks
The Federal Open Market Committee faces a big test this week – can it announce the start...

How To Hedge Your Risk Using Bitcoin

Bitcoin
Better be safe than sorry Bitcoin has been a key market for risk-off trading during the...

History of the USD – A Timeline

US Dollar Currency
Over the centuries, the United States dollar better known to traders as the USD, has emerged as...
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