Aussie Takes a Tumble after Powell
The Australian dollar has stabilized on Wednesday after a dreadful outing a day earlier. In […]
EUR/USD: More Weakness After Intraday Rally?
Powell sent the USD much higher yesterday and hinted for a potential 50bp increase on […]
USDJPY Stays Within Caution Zone Despite Powell’s Boost
USDJPY jumped into the green territory during the early US trading hours on Tuesday after […]
NZDUSD Hovers Near Today’s 3½-Month Trough
NZDUSD sank to a fresh three-and-half month low of 0.6080, earlier today after the aggressive […]
RBA Governor Lowe Uses the ‘P’ Word
Summary of RBA Governor Lowe’s speech on 8th March We are seeking to bring inflation […]
Can Nonfarm Payrolls Refuel Dollar’s Rally?
Another high-stakes US employment report will be released on Friday. Most indicators point to another […]
USD/CAD Rallies Ahead of BoC Rate Decision, Dips Supported
Key Highlights USD/CAD started a major increase above the 1.3650 resistance zone. It broke a […]
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 […]
How Will BOJ Statement Affect the Yen?
The Bank of Japan is expected to release a statement regarding its monetary policy for […]
AUDUSD Extends its Downtrend
AUDUSD slipped today, breaking below the 0.6695 support (now turned into resistance) barrier, and confirming […]
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% […]
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. […]