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As Governor Glenn Stevens kept interest rates untouched at 12-year highs of 7.25%, the Reserve Bank of Australia validated expectations today. Stevens pointed out that while the position for...
Forex Video by Terri Belkas, Currency Analyst
EUR starts the week off on a strong note as Euro-zone CPI hits 16+ year high of 4.0% - will the ECB hike?
US ISM Manufacturing is expected to...
Due to the Fed’s blurry statement, the market saw that the FOMC is not so enthusiastic about fighting inflation and once again, the greenback declined across the board.
The Fed missed a chance...
The US dollar kept on doing the sell-off for the third consecutive trading as the Fed’s dissatisfaction remains over the market. Personal profits and personal expenses both improved more than...
Forex Video by John Kicklighter, Currency Analyst
Euro data suggests the economy may have contracted in the second quarter, but the EUR was preoccupied with next week's ECB decision.
Despite...
The Federal Reserve is preparing to raise interest rates but a rate hike is going to happen. The central bank has left rates unchanged at 2 percent. Despite the fact that the FOMC statement is...
RBNZ Governor Allan Bollard stated that there is a rate cut for the end of the year while the Reserve Bank of Australia will keep rates on hold to deal with inflation. The Australian Dollar has...
Forex Video by John Kicklighter, Currency Analyst
The Fed's attempt at transparency is quickly taming one of the market's most volatile pieces of event risk.
USD traders refocus on the...
Doubt surrounding the US Federal Open Market Committee’s interest rate decision at 14:15 EDT virtually guarantees volatility across almost all asset classes - making it the most main event to...
With the Federal Reserve interest rate decision coming soon, the summer doldrums may not last for long. Many currency pairs such as the EUR/USD and GBP/USD have been trading in a range over the past...
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