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Fed Policymakers await more data before delivering further rate hikes

The Fed’s FOMC minutes released yesterday gave traders more insight about the logic behind the Fed’s rate-raising strategy. The minutes showed that policymakers wanted to move cautiously until fresh data was out. It emerged that no rate rise was delivered Read More →

GBPJPY – Bearish, Forming A Breakout Pattern

Key Points

  • The British Pound dived and even traded below the 129.00 level against the Japanese yen.
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FOMC Minutes: ‘Wait & See’; We See Next Hike In June 2017 – Danske

Little news in the minutes from the June FOMC meeting, which took place just eight days before the UK's EU vote. Most of the information we already got in the FOMC meeting statement and Fed chair Yellen's press conference after Read More →

USDCAD Stuck Between Support and Resistance

Key Points

  • The US Dollar recovered well from the 1.2850 low against the Canadian dollar, and closed Read More →

EURUSD – Euro Looks Like Sell Rallies

Key Points

  • Euro managed to move above the 1.1180 level against the US Dollar, but later found Read More →