Blog Archives

All Eyes On FOMC Statement

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It’s been an interesting start to trading on Wednesday but attention will now shift to the U.S. where we await the latest interest rate decision and statement from the Federal Reserve, as well as more earnings reports from more than

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FOMC Meeting In Focus, Australia CPI At Record Lows

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News and Events: Bearish USD FX markets are in a sideways consolidation pattern ahead of tonight’s FOMC rate decision. The general expectation is for a slightly more positive economic assessment, based on the firmness of incoming data, more specifically solid

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Central Banks to Dictate Next Market Move

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Wednesday July 27: Five things the markets are talking about Investors will need to watch this afternoon’s FOMC statement on monetary policy closely. The central bank is not expected to move interest rates this week, but any hints on the

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All Eyes on FOMC Statement

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It’s been an interesting start to trading on Wednesday but attention will now shift to the U.S. where we await the latest interest rate decision and statement from the Federal Reserve, as well as more earnings reports from more than

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European Market Update: UK Q2 GDP Beats Expectations

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UK Q2 GDP beats expectations Notes/Observations Key week for whether reflation trade still has legs with focus on Japan Australia Q1 Consumer Prices stays low but it may not be enough to see the RBA cut rates next week Speculation

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Sterling Crashes To Lowest Level In Over A Month

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Daily Forex Fundamentals | Written by ForexTime | Jul 27 16 10:29 GMT The Sterling has crashed to its lowest level in over a month and has dropped within a whisker of returning back below 1.30, despite the highly-anticipated UK

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EUR/USD – Euro In Holding Pattern As Fed Statement Looms

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The euro is almost unchanged in the Wednesday session, continuing the lack of movement we’ve seen all week. EUR/USD is currently trading at the 1.10 line. On the economic front, German Import Prices and Consumer Climate were within expectations. Later

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Australian Inflation Stays Low But It May Not Be Enough To See The RBA Cut Rates

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Australia’s price level grew at the weakest rate in 17 years in the June quarter, increasing speculation that the RBA will cut interest rates at next week’s meeting. Australian consumer prices rose 0.4% over the April-June period, according to the

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New Home Sales Rise To Highest Since 2008, US Shoppers Ignore Brexit Vote

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New US single-family home sales rose more than expected in June, fresh figures from the US Census Bureau showed on Tuesday.mSales of newly built homes grew 3.5% to a seasonally adjusted rate of 592,000 units during the reported month, posting

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Fed To Support The Dollar?

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Today, the focus for USD trading is on the FOMC statement. If the Fed acknowledges recent good US eco data and the constructive post‐Brexit market reaction, it might be modestly supportive for the dollar. USD/JPY trades volatile as markets are

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