Major equity indexes in the US started the new week deep in the negative territory despite the Federal Reserve's aggressive measures to support the ec
Blogs
USD/INR New York Price Forecast: Dollar unfazed by Fed’s unlimited Quantitative Easing vs. rupee
USD/INR is trading above the main weekly simple moving averages (SMAs) while breaking to three-decade highs. Exceptional USD demand remains unabated as the Fed
US Dollar Index drops below 102.00 on Fed easing
The US Dollar Index (DXY), which tracks the buck vs. a bundle of its main competitors, has come under renewed downside pressure and returns to the sub
USD/CAD reverses a knee-jerk slide to daily lows, back above 1.4400 mark
The USD/CAD pair tumbled fresh session lows, around the 1.4335 region in the last hour, albeit quickly recovered around 80-90 pips thereafter. In an e
Fed: Still working on details of Main Street Lending Program
The Federal Reserve announced on Monday that it will soon introduce a new program called "Main Street Lending Program" to support lending to eligible
AUD/USD jumps above 0.5800 as USD weakens on Fed's expansion of QE
The AUD/USD pair gained traction in the last hour and added more than 100 pips as the USD came under heavy selling pressure on the Federal Reserve's a
EUR/USD New York Price Forecast: Euro off 37-month lows as Fed announces open-ended bond-buying operation
After an above-average decline, EUR/USD is bouncing from 37-month lows as the Fed announced TALF, a new aggressive action to confront disruptions. The US dolla
Gold Price Analysis: Eyeing $1,521, then $1,535 after Fed announced open-ended QE – Confluence Detector
Gold has recaptured the $1,500 level after the Federal Reserve announced an open-ended Quantitative Easing program – flooding markets with cash, as mu
Canada: Every day is live for the BoC – TDS
The 100 bps of Fed cuts and the resumption of QE in the US will put focus back on the Bank of Canada. There is no indication that the BoC will feel pr
Infinite QE
<p><em>The latest RBA bond purchase program aims to make credit accessible and inexpensive despite the threat of a recession against the economy due to the growing coronavirus crisis.</em></p> <p>As part of the newly announced QE policy, the RBA bought government bonds worth AUD 4 billion in an effort to maintain short