Tag: fomc

Is the USDJPY Carry Trade Revival Underway?

Is the USDJPY Carry Trade Revival Underway? For years, one of the most popular tools currency traders had was the Yen carry trade. Thanks to...

Turkish Lira Responds to Rising Fiscal Challenges

Turkish Lira Responds to Rising Fiscal Challenges As Turkish Prime Minister Recep Tayyip Erdogan’s administration completes its purge following the attempted coup over the summer,...

Canadian Conditions Crumble Amid Heightened Double Dip Anxiety

Canadian Conditions Crumble Amid Heightened Double Dip Anxiety After emerging from the recession in 2015 following a significant combination of monetary and fiscal stimulus, Canada...

Yellen’s Clarifications Spur Global Risk Reversal, Drop the Hammer on Gold...

Yellen’s Clarifications Spur Global Risk Reversal, Drop the Hammer on Gold Prices Gold prices slipped to the lowest in over a month following the weekly...

Collapsing Economic Expectations Stoke Dollar Slump

Collapsing Economic Expectations Stoke Dollar Slump Financial markets continue to call the Federal Reserve’s interest rate bluff as evidenced by the latest rout in the...

Stocks, US Dollar Decline as Fed Keeps Rate Unchanged

European stocks declined sharply on Friday, while the US dollar extended its losses after the Federal Reserve held its key interest rate at record...

Dollar Index Steady ahead of FOMC

The US dollar was little changed against a basket of world currencies Wednesday, as investors looked ahead to a policy announcement from the Federal Reserve later...

Post-FOMC Selloff Continues for US Dollar

  The US dollar declined for a second consecutive day on Thursday as mixed economic data failed to support a bigger rally following the Federal...

US Jobless Claims Reach New 15-Year Low

US jobless claims fell last week to the lowest level in 15 years, a sign the labour market was firming after hitting a soft...

US GDP Growth Slows More than Forecast in Q1

The US economy slowed more than forecast at the start of the year, as a strong dollar hurt exports and corporate earnings, while personal...

US Dollar Continues to Weaken ahead of Fed

The US dollar continued to backtrack on Tuesday, as the euro and British pound rose to new highs as the United States Federal Reserve...

US Dollar Weekly Outlook (Apr 27 – May 1)

The US dollar weakened last week, losing ground against a basket of trade-weighted peers amid rising oil prices and US equities. The US dollar...

PMI Points to Rebounding US Economy

The US economy is regaining momentum at the end of the first quarter after a temporary slowdown, with business activity rising to its highest...

US Dollar Back on Its Feet After Broad Selloff

The dollar’s bullish uptrend resumed on Thursday, as the markets continued to absorb the Federal Reserve’s latest rate statement opening the door to a...

Dollar Index: March to 100 Continues

The US dollar soared against a basket of trade-weighted peers on Tuesday, edging closer to the 100 mark as a top Federal Reserve official...

Fed’s Yellen Hints at 2015 Rate Hike, but Stresses Patience

The Federal Reserve could begin normalizing interest rates this year, but won’t rush to do so amid tepid wage growth and tame inflation, central...

Bernanke’s Tapering Timeline Broadly Approved, Dollar Surges

  Yesterday at 18:00 GMT, the US Federal Reserve revealed the minutes of the recent FOMC policy meeting, which showed broad support among policymakers for...