Tag: fomc
FX Update – Hawkish Pause from FOMC. Pressure Mounts on BoJ
Hawkish pause from the FOMC not doing much for the US dollar, although watching the long end of the yield curve in coming days....
Is the USDJPY Carry Trade Revival Underway?
Is the USDJPY Carry Trade Revival Underway?
For years, one of the most popular tools currency traders had was the Yen carry trade. Thanks to...
Turkish Lira Responds to Rising Fiscal Challenges
Turkish Lira Responds to Rising Fiscal Challenges
As Turkish Prime Minister Recep Tayyip Erdogan’s administration completes its purge following the attempted coup over the summer,...
Canadian Conditions Crumble Amid Heightened Double Dip Anxiety
Canadian Conditions Crumble Amid Heightened Double Dip Anxiety
After emerging from the recession in 2015 following a significant combination of monetary and fiscal stimulus, Canada...
Yellen’s Clarifications Spur Global Risk Reversal, Drop the Hammer on Gold...
Yellen’s Clarifications Spur Global Risk Reversal, Drop the Hammer on Gold Prices
Gold prices slipped to the lowest in over a month following the weekly...
Collapsing Economic Expectations Stoke Dollar Slump
Collapsing Economic Expectations Stoke Dollar Slump
Financial markets continue to call the Federal Reserve’s interest rate bluff as evidenced by the latest rout in the...
Global Stocks Rally on Fed Minutes
Global stocks advanced on Thursday, following Wall Street higher amid clear signals from the Federal Reserve that interest rates will rise next month.
The minutes...
Stocks, US Dollar Decline as Fed Keeps Rate Unchanged
European stocks declined sharply on Friday, while the US dollar extended its losses after the Federal Reserve held its key interest rate at record...
Dollar Index Steady ahead of FOMC
The US dollar was little changed against a basket of world currencies Wednesday, as investors looked ahead to a policy announcement from the Federal Reserve later...
Post-FOMC Selloff Continues for US Dollar
The US dollar declined for a second consecutive day on Thursday as mixed economic data failed to support a bigger rally following the Federal...
US Dollar Backtracks as FOMC, Data Weigh
The US dollar was back on its heels Thursday, as the Federal Reserve indicated that interest rates are unlikely to rise in June, while...
US Jobless Claims Reach New 15-Year Low
US jobless claims fell last week to the lowest level in 15 years, a sign the labour market was firming after hitting a soft...
US GDP Growth Slows More than Forecast in Q1
The US economy slowed more than forecast at the start of the year, as a strong dollar hurt exports and corporate earnings, while personal...
US Dollar Continues to Weaken ahead of Fed
The US dollar continued to backtrack on Tuesday, as the euro and British pound rose to new highs as the United States Federal Reserve...
US Dollar Weekly Outlook (Apr 27 – May 1)
The US dollar weakened last week, losing ground against a basket of trade-weighted peers amid rising oil prices and US equities. The US dollar...
USD Weekly Outlook: April 6 – 10
The US dollar declined nearly 1% against a trade-weighted basket of currencies on Friday, as the economy added just 126,000 jobs in March, the...
PMI Points to Rebounding US Economy
The US economy is regaining momentum at the end of the first quarter after a temporary slowdown, with business activity rising to its highest...
US Dollar Back on Its Feet After Broad Selloff
The dollar’s bullish uptrend resumed on Thursday, as the markets continued to absorb the Federal Reserve’s latest rate statement opening the door to a...
