NFP Preview: Have Dollar Bulls Gotten Ahead of Themselves?
Key takeaways After Fed Chairman Powell’s testimony, this month’s NFP report will have a major […]
EUR/USD Takes Out February Low Ahead of US Jobs Report
EUR/USD Outlook EUR/USD takes out the February low (1.0533) following the failed attempts to trade […]
USD/CAD Climbs after Hawkish Powell, Bank of Canada Set to Pause
The Canadian dollar has steadied on Wednesday, after sliding 1% a day earlier. Later today, […]
Aussie Takes a Tumble after Powell
The Australian dollar has stabilized on Wednesday after a dreadful outing a day earlier. In […]
Markets raise bets on 50bps Fed hike, a look at DOW and DXY
The markets were rocked by the “clear-cut” hawkish remarks by Fed Chair Jerome Powell overnight. […]
Can Nonfarm Payrolls Refuel Dollar’s Rally?
Another high-stakes US employment report will be released on Friday. Most indicators point to another […]
Fed Powell Puts a 50bps March Hike Firmly on Radar, GBP/USD Tests 2023 Lows
Key takeaways Fed Chair Jerome Powell acknowledged that the pace of quarter-point interest-rate increases is […]
Gold Price Fails to Defend March Opening Range
Gold Price Outlook The price of gold appears to be reversing ahead of the 50-Day […]
Fed Chair Powell Said Ultimate Peak Interest Rate Level Would be Higher
Markets Fed Chair Powell in front of the US Senate as expected said that the […]
Stocks Rise Cautiously With All Eyes on Powell’s Testimony
US futures Dow futures +0.07% at 33440 S&P futures +0.13% at 4052 Nasdaq futures +0.25% […]
Fed Chair to Reiterate Rates be Raised At Least In Line With December Dots.
Markets There was every reason to expect a calm session yesterday with Friday’s correction/consolidation on […]
Fed Beige Book: Economy in slight growth, inflation to moderate
According to the Fed’s recent Beige Book report, US economy experienced slight growth at the […]