FOMC

The currency and fixed income markets (and perhaps the equity markets too) will be keenly following the FOMC's statement later today as the Fed concludes its two-day policy setting meeting. Although not much is expected to be revealed at…
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Australia's unemployment rate stood at 6% in June, while May's unemployment rate was revised to 5.9% from previous estimates of 6%. The Australian jobs report for the month of June was overall positive as employment grew by 7300 jobs.…
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The US dollar and capital markets have apparently lost their appeal, especially before a hot weekend in Athens. Despite the somewhat disappointing Non-Farm Payrolls yesterday (223k), the falling Average Hourly Earnings (0.0%), the increased…
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The EURUSD appreciated in the last two days, even if the Greek situation went through critical moments. The Eurogroup leaders met on Thursday but didn’t manage to reach a deal. Jeroen Dijsselbloem (Eurogoup chief) still believes that it's…
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US Federal Reserve left interest rates unchanged while revising down its forecasts for 2015. The Fed expects to hike rates to the median forecasts of 0.675% by the end of the year 2015 indicating two rate hikes in store for 2015. The US…
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The currency markets practically went nowhere this week in a clear indication in the run up to the high impact news releases this week. However, today marks one of the busiest days for the currency markets in the week with some major news…
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The Sterling pound enjoys both technical and fundamental elements that favor the ascending trend. The Monetary Policy Committee unanimously decided to maintain the interest rate and the settings of the Asset Purchase Facility program, while…
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The lately comeback of the euro has sparked unease among European officials regarding the inflation, the commercial advantages of Germany, the competitiveness gained by others in relation to other partners outside the monetary union and the…
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The currency markets were very volatile this week with the US Dollar paving the way for a correction. The weakness in the Greenback saw most of its peers rally across the board after what seems like ages after a bearish trend. It is still…
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The recent developments in capital markets captured the perception of investors over the most boiling problems.
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