Federal Reserve (FED)

Last week, the Fed acknowledged that inflation was higher than anticipated, and would likely stay that way for a while. Many economists would argue they are late to the party. But the fact that the Fed finally came around could indicate…
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EURUSD weakens on solid US jobs The US dollar rallied as the Fed began to reduce its $120 billion asset-buying program as previously announced. The central bank has stayed elusive about its rate hike agenda though. With inflation…
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GBPUSD tests key floor The pound plummeted after the Bank of England held interest rates against expectations. The plunge below the daily support at 1.3570 has caught buyers off guard. Those who bet on a rebound around 1.3600 have…
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Yesterday, the Fed announced their taper in line with expectations, right down to downplaying the potential for a hike coming soon. They did acknowledge that inflation was a problem though. This means that the markets' attention is…
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Analysts largely expect the BOE to be one of the first of the major central banks to raise rates. That said, there is a considerable debate among them about whether it will be at this meeting or at the next. The decision comes fast on…
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AUDUSD breaks lower The Australian dollar softened after a dovish RBA stressed that inflation was still too low to hike soon. The pair has met stiff selling pressure near last July’s high of 0.7550. While sentiment has turned…
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Back in September, the FOMC said that they would start reducing the number of asset purchases in the near future. The market broadly interpreted this to mean that they would start in two months' time. Now we're at that point. And so…
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