Federal Reserve (FED)

Last Friday, traders got something of a worrying sign - and then kind of shrugged it off. The yield differential between the 2 year and 10 year US treasury bonds inverted for the first time since the start of the pandemic. This is…
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AUDUSD awaits RBA outlook The Australian dollar consolidates recent gains ahead of the RBA meeting. The labor market is going strong with unemployment projections to hit 60-year lows later this year. Forecasts for both economic…
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Over the last couple of months, US jobs numbers have come in above expectations. Still, analysts aren't getting carried away in their projections and are forecasting a relatively modest increase in NFP for March. The thing is, the market…
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USDCHF breaks major resistance The US dollar continues upward as the Fed is set to increase its interest rates by 25bp. The rally sped up after it cleared the daily resistance at 0.9360. The bullish breakout may have ended a 9-month…
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Firstly, let's get this out of the way: the Fed is going to raise rates at the conclusion of their two-day meeting tomorrow. 98.3% of experts agree that the FOMC will decide to raise rates by 25bps. The other 1.7% think it will be 50bps.…
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EURUSD struggles to rebound The US dollar bounces across the board as the Fed may possibly raise interest rates on Wednesday. The pair found support near May 2020’s lows around 1.0800. The RSI’s oversold condition on the daily chart…
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