Federal Reserve (FED)

The macroeconomic event getting all the attention this week is the release of last month's US Non-Farm Payrolls (NFP), which is expected at 8:30 EST (13:30 CET). Along with the release is a host of other important employment data. Here are…
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USDCAD or USD/CAD is shorthand for the pair composed of the United States Dollar and Canadian Dollar. Often it's called trading the "loonie," as that is a slang term for the Canadian currency. While CAD trades with other currencies, its the…
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Traders are going to be looking very closely at the release of the latest GDP data from the US, which is scheduled for release 8:30 EST (14:30 CET) on Friday. It's "advance" data, meaning that this is the first reading and could be slightly…
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Daily Forex Market Preview, 18/10/2018 The Fed released its meeting minutes yesterday covering the monetary policy meeting from September. Officials maintained the view that further gradual rate hikes were necessary. The hawkish tone of…
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President Donald Trump, on Tuesday last week once again expressed his displeasure with the Federal Reserve. In an interview last week, Trump said that the Fed is hiking interest rates too fast. At the same time, the President said that…
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Some important events mark the economic data for the week ahead. This comes amid a slow calendar week last week. The Fed will be releasing its meeting minutes this week. A busy schedule for the USD will also see the retail sales, the…
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Jerome Powell, the chairman of the U.S. Federal Reserve, in comments last week said that there was no evidence that the labor market was at risk of overheating. Speaking at an event in Boston, Powell gave his prepared remarks and brushed…
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The Federal Reserve Bank of the United States is undoubtedly the central bank that the world watches. In a way, one could say that when the Fed sneezes, the global economy catches a cold. Or so the saying goes! But this shouldn't come…
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Summary Federal Reserve hikes rates by 25bps to bring short-term interest rates to 2.0% - 2.25% as widely expected One more rate hike projected by the end of this year Three rate hikes penciled in for 2019 Fed removes…
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Daily Forex Market Preview, 27/09/2018 The markets were seen trading flat through the day in anticipation of the Federal Reserve announcement. As widely expected, the Fed funds rate was hiked by 25 basis points bringing the interest rates…
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