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Markets Rocked By New Trade War Tariffs

Markets Wait For NFPs It’s been an interesting week for the USD which rallied strongly over the week, only to concede a large portion of its gains later in the week. USD rallied initially as the Fed cut rates by only the expected .25% and…

Gold Rallies on Fresh Trade Tariffs

Gold The yellow metal was initially suffering a disappointing session this week. Gold racked up a second consecutive losing week as a resurgent US dollar held the price down. The USD rally in response to the FOMC was two-fold. Firstly,…

FOMC Fails To Dampen Dollar

Dollar Drives Higher USD has continued to rally firmly over the European morning in response to the FOMC rate decision last night. As was widely expected, the Fed cut rates by .25%. However, bulls were left disappointed by the forward…

Markets Tank on Fed Rate Cut

The Federal Reserve Bank cut interest rates for the first time in more than a decade. The Fed funds rates were lowered to 2.0%-2.25% on Wednesday. Fed Chair Jerome Powell cautioned that the rate cut was not the start of an easing bias, but…

Traders Brace For FOMC Today

FOMC In Focus USD remains supported ahead of the FOMC meeting later today. The market is widely expecting the Fed to announce a .25% rate cut along with guidance for further easing over the remainder of the year. There is still a risk that…