Dollar Bulls – Sold The News The USD is on track for a weekly loss against its major counterparts as the USD Index hit its lowest level since February 9th. The U.S. Dollar rally build…
Tagged By FOMC
Greenback Drops Ahead Of FOMC
Why Did The Greenback Drop Today? The Greenback dropped across the board against the USD majors as the market spooks ahead of the much-anticipated Fed meeting upcoming on Wednesday. Although since September, and especially since…
Greenback Volatility On The Radar
Greenback Edges Lower Today the Greenback skirted lower against the other major currencies as we edge toward the final days of a combative U.S. presidential campaign. Forex traders and investors also weigh in on the…
Dollar Bulls May Be In For A Shock | Fed Week
Fed Week – Don’t Be Caught Off Guard The US policy statement out later this week is once again high on the priority list for discussion by Forex traders. Almost every Fed watcher and savvy…
Central Banks Accelerate Market
Central Banks – SNB and BOE Today the Swiss National Bank (SNB) announced that they would be keeping its expansive monetary policy unchanged. The Bank of England (BOE) also decided to leave rate changes on…
FOMC Minutes – Dovish or Hawkish
Experienced Forex Traders Keep An Eye On FOMC Eight times a year, the Federal Open Market Committee (FOMC) meets to discuss employment, interest rates, and other topics related to the economic health of the United…
USDollar Index Surges To Highest Level Since March 2016
This past week we have seen a surge of the USDollar bulls as the USDollar Index surges to its highest level since March 2016. The EURUSD is struggling for the past few days to break…
Focus On The Fed
Investors are once again turned towards the FOMC meeting scheduled for tomorrow Wednesday at 2:00 pm New York Time. US inflation data is priority as the Fed reports on their interest rate decision. Forex and Equity Interest traders…
FOREX TRADING OUTLOOK: Oil Paves The Way
How does the recent decline in oil affect the Forex market? Also, don’t be caught unaware of this weeks major market events with the upcoming FOMC and BOJ. And what can you do in a choppy, sideways…
Surprisingly Volatility Prior to FOMC Release
Usually Wednesday afternoons when the Federal Open Market Committee (FOMC) releases the minutes from their meetings, we expect resulting volatility and brace ourselves for volatility in response to the release. This week, however, we were…