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Next week's FOMC meeting will be the last with the current composition, as a new set of governors rotates in at the start of the new year. While it's normal for there to be a slight shift in the Fed's outlook each year, this time, there…
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EURUSD struggles as Fed to accelerate tapering The euro is consolidating against the US dollar ahead of respective central bank meetings. The greenback is still enjoying a head start with the Fed expected to announce it will speed…
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EURUSD recovers on narrowing divergence The US dollar steadies as bullish catalysts fade. Contrary to the market's belief, the US Fed may not push interest rates flat out. The January meeting minutes suggest that hikes could still…
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Stock markets have been on a roller coaster the last couple of days. That naturally bleeds over into currencies, as traders look to position their investments. On Thursday, European indices dropped by as much as 5.0%, but then opened up to…
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A recent analyst note circulated by Goldman Sachs painted a somewhat negative picture for gold this year. The investment firm saw the price of the precious metal heading lower for the foreseeable future, citing primarily the effects of…
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