Dollar remains firm on hawkish signals from Fed
The dollar rallies for the sixth consecutive day, hitting a two-week high on Thursday, after receiving fresh support from hawkish Fed.
The US central bank acted in line with expectations and raised interest rates by 0.75% for the fourth…
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BoE raises interest rate by 75 basis points in the biggest hike since 1989
The Bank of England raised its interest rate by 75 basis points to 3%, in line with expectations.
Today’s MPC’s decision marks the biggest rate hike in over three decades, with the policymakers being split in 7-2 vote (seven voted for…
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Euro falls further after Fed signaled more rate hikes
The Euro extend a steep fall from 1.0090 zone double top, falling around 0.8% on Thursday, in extension of post-Fed acceleration.
The sentiment soured further after the US central bank delivered the fourth straight 75 basis points rate…
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Fed likely to deliver another 0.75% hike, but expectations on the central bank’s near-future steps…
The US Federal Reserve is widely expected to raise interest rates by 75 basis points in its November policy meeting which ends today, but markets speculate that the central bank may open the door for a possible slowdown in its policy…
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USDJPY at the back food ahead of Fed’s decision which will define near-term direction
The dollar remains at the back foot vs yen and ease further on Wednesday as traders await the verdict from FOMC.
Today’s bearish acceleration so far looks like positioning for fresh longs as larger picture remains bullish, however,…
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Gold eyes Fed’s decision for direction signal
Spot gold price jumped on Tuesday, lifted by weaker dollar on the latest speculations that the Fed may temper its aggressive policy stance from next month.
The yellow metal advanced around 1.2% since opening in Asia and retraced over 50%…
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Cable regains traction on improved risk mode, all eyes are on Fed
Cable regained traction on Tuesday on renewed risk appetite and returned back above 1.15 handle, signaling that a shallow pullback from new multi-week high (1.1645) might be over.
Quick changes in a view of Fed’s near-future actions,…
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ECB to keep raising rates despite rising recession risks – Christine Lagarde
The President on the European Central Bank, Christine Lagarde, said in an interview, published today, that the ECB must continue raising interest rates, even in the situation of increased threats that the euro zone is sliding into…
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RBA raises interest rate by 25 basis points, continues with slower pace of hikes
The Reserve Bank of Australia raised its cash rate by 25 basis points in today’s policy meeting, extending slower pace of rate hikes into second consecutive month, but revised its inflation outlook, signaling that more hikes will be needed…
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USDJPY may rally further if Fed keeps aggressive stance
Completion of reversal pattern on daily chart signals that corrective pullback from new 32-year high (151.94) is over (following limited reaction from the latest intervention when Japan spent record amount to support weakening yen), as…
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