2019

The Federal Reserve released the meeting minutes yesterday from its latest policy meeting. The U.S. dollar pared losses after the minutes did not show any further dovish message from the central bank. Economic data was sparse. The…
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The Swedish central bank held its monetary policy meeting last week where it left the key interest rates unchanged at -0.25 percent. The central bank, however, affirmed its intention that it would raise rates once again anytime during…
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We could have some volatility in AUD pairs coming up during the Asian session, as the Australian Bureau of Statistics will be releasing a series of employment data. The release is scheduled for Wednesday at 19:30 EST (or Thursday at…
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The commodities markets are one of the key markets in the global world of trading. Commodities trading, as the name suggests it is nothing but trading of frequently used materials. Trading commodities can be lucrative and offers a variation…
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The U.S. Dollar extended the declines for the fourth consecutive session. The drops come ahead of the Fed minutes due today. The U.S and China trade talks resume ahead of the March deadline alongside discussions with the EU officials. On…
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Britain's economic growth slowed sharply in the fourth quarter of 2018. The yearly growth was the slowest in six years, as Brexit worries and global trade tensions dampened activity. Data showed that the nation’s GDP increased just by…
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Coming up during the Asians session, we have a couple of pieces of New Zealand macro data that could generate some waves in the currency markets: the bi-monthly dairy price index and PPI data. The latter gets more attention given the…
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Broken out of the wedge formation to the downside. Reverse trend line resistance is seen at 0.7172. Bespoke resistance is located at 0.7158-63
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The markets were trading muted on Monday with the U.S. market closed on account of a bank holiday. The USD index eased back on the day, extending the declines for the third consecutive session. In the early Asian session, the Reserve…
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