Blogs

Fed looking to maintain positive mood music. Option signals suggest topside risks for EUR/USD.

USD/MXN has made a short-term bottom after a multi-week sell-off and now waits for the latest FOMC rate decision and Fed chair Jerome Powell’s press conference.

Sterling traders, like traders in other currencies, are waiting for the latest monetary decisions by the Federal Reserve but GBP/USD is continuing to challenge resistance ahead of the Fed’s announc…

The US Dollar is slicing through trend support against the Japanese Yen as the Nasdaq continues its push to record highs ahead of the FOMC monetary policy announcement.

Crude oil prices may fall alongside stocks and other cyclically-minded assets as well as gold if the Fed signals it is in no hurry to expand its stimulus menu.

EUR/USD may attempt to test the March high (1.1495) as the Relative Strength Index (RSI) sits in overbought territory.

The recent surge in the New Zealand Dollar may be at risk, as it fails to breach familiar resistance ahead of Wednesday’s FOMC meeting

Federal Reserve leaves rates and stimulus unchanged; Stocks fall & U.S. Dollar bid; Daily new coronavirus cases hit new all-time high.

Brexit uncertainty kept the Pound Sterling lower against its European counterpart even as a weaker US Dollar helped to push the Pound higher.

Oil futures advanced yesterday, despite the fears for oversupply that surged as of lately because of the Gulf states decision not to extend their voluntary supply cuts after June.