Forex

The BOJ meeting is now behind us. So it's back to reviewing data and the market reaction to the fundamental drivers behind the yen. Coming up next, we have inflation data from Japan which is is the last major data we will see over the… Read More

Dollar Down On Fed Rate Cut The US dollar has traded firmly lower over the European session so far on Thursday. USD came under selling pressure last night as the Fed cut rates by a further .25%. Despite policymakers being divided over the… Read More

Crude Stores Rise The latest report from the Energy Information Administration showed an unexpected build in US crude stores. The EIA report showed that in the week ending September 13th, US crude store rose by 1.1 million barrels. This… Read More

The Bank of England will be holding its monetary policy meeting today. This will be the last monetary policy meeting ahead of the October 31 Brexit deadline. Investors expect the Bank of England MPCs to leave monetary policy unchanged.… Read More

The US Federal Reserve cut interest rates by a quarter basis point as anticipated. The short-term Fed funds rates now stand at 2.0%-1.75%. The central bank, however, maintained that it was not moving into an easing cycle. The FOMC’s dot… Read More

Bollinger bands are a price channel comprised of three bands that contain price action. The middle band represents the mean price of the last selected periods, usually 20. The upper and lower bands are almost always two standard… Read More

It's central bank week and most of the majors are scheduled to decide on policy. The consensus is that they are in a "race to the bottom" with rates, and are just waiting for each other to pull the trigger. So, needless to say, it will… Read More

Fed To Cut By .25% The US Dollar is trading with a bid tone ahead of the keenly-anticipated FOMC meeting later today. In line with data weakness and softer global economic conditions, the market is widely expecting the Fed to announce a… Read More