US Dollar Languishes in the Aftermath of US CPI and Ahead of the Fed. New Lows for USD?
The US Dollar tanked after a soft CPI number gave the market hope of an […]
Japan Tankan manufacturing mood deteriorated, but non-manufacturing upbeat
Japan Tankan Large Manufacturing Index dropped from 8 to 7 in Q4, above expectation of […]
RBNZ Hawkesby: We’ve seen very little impact of higher interest rates so far
RBNZ Deputy Governor Christian Hawkesby said in a speech that “we still think we have […]
Crude Oil Price Clears Hurdle Ahead of Fed Rate Decision
Key Highlights Crude oil price started a fresh increase above the $73 resistance. It broke […]
Dow Jones, S&P 500, Nasdaq 100 Reverse CPI Rally as Traders Look Beyond the Fed Pivot
The Dow Jones, S&P 500 and Nasdaq 100 reversed a CPI-induced rally as traders seemingly […]
EURUSD and VIX Exude Volatility But Not Conviction Heading into Fed Hike
The release of the US CPI update this past session proved as market-moving as could […]
Dollar’s Post-CPI Tumble Already Leveling Out as Focus Shifts to FOMC
Following a further slowdown in US inflation data, the Dollar has extended its slide to […]
US CPI Surprises for the Second Month in a Row. What Does it Mean for the Fed?
US CPI for November took markets by surprise for the second month in a row […]
Another Inflation Release Below Expectations – Another Rally
US consumer prices added 0.1% for November, significantly weaker than the expected 0.3%. The annual […]
EUR/USD IG Client Sentiment: Our data shows traders are now at their least net-long EUR/USD since Feb 07 when EUR/USD traded near 1.14.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
FOMC preview: All about dot plots and 5%
Fed is widely expected to slow down the pace of rate hike today, and raise […]