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fomc

Dollar Stalls On Mixed Messages From Fed
Dollar Stalls On Mixed Messages From Fed

Fed Holds Rates Steady in MarchThe US Dollar is starting the day on a softer footing following a fresh push higher yesterday as traders reacted to the lates Fed rate decision. The bank held rates...

Dollar Softer Ahead of FOMC Today
Dollar Softer Ahead of FOMC Today

Dollar Down from HighsThe US Dollar remains down from recent highs today as traders brace for the latest rate setting meeting from the Fed. Ahead of the FOMC, DXY is down 1% from the fresh YTD highs...

Can Stock Market Recovery Survive FOMC?
Can Stock Market Recovery Survive FOMC?

Risk Rebounds on WednesdayUS stocks are roaring back this week ahead of the FOMC later today. S&P futures are up .7% on the day, no wup more than 3% off the Monday lows. The move higher comes...

FOMC Make-Or-Break for Bitcoin
FOMC Make-Or-Break for Bitcoin

March FOMC On WatchBitcoin prices are on watch today ahead of the March FOMC. The futures market has been drifting higher again this week, before we saw some selling interest take hold into the week’s...

EURUSD Testing Big Support Into FOMC/ECB
EURUSD Testing Big Support Into FOMC/ECB

Big Central Bank Risks This WeekEURUSD is on watch this week as traders brace for the double whammy of the both the Fed and ECB March rates meetings. The pair has fallen sharply in recent weeks,...

Huge FX Moves As USD Breaks Down
Huge FX Moves As USD Breaks Down

Major USD ShiftWe’re seeing seismic moves across FX markets this week with the US Dollar coming under heavy selling pressure yesterday. The DXY broke down to its lowest levels since early 2022,...

Dollar Treading Water Ahead of Fed
Dollar Treading Water Ahead of Fed

USD Hanging On… For NowThe US Dollar is turning lower again today after stabilising yesterday on the back of Friday’s plunge lower. The drop on Friday, which extended into a gap lower yesterday, was...

Dollar Grinding Higher Ahead of NFP
Dollar Grinding Higher Ahead of NFP

USD Higher Despite Mixed DataThe US Dollar continues to grind higher on Thursday with traders digesting a mixed set of US data yesterday, while awaiting the headline NFP release tomorrow. On the data...

Dollar Jumps As Q1 Easing Expectations Drop
Dollar Jumps As Q1 Easing Expectations Drop

Post-NFP BounceThe US Dollar is pushing higher today, following a recovery off yesterday’s lows as traders reacted to the November NFP release. The headline NFP number came in at 64k, above the 51k...