Fed Statement Encourages USD Bulls

Growth “Strong” As expected, following the last .25% rate rise in June, the Fed kept policy unchanged at its August meeting with a statement that was mostly unchanged from last time. However, the statement did contain a few subtle but important changes which reinforced the Fed’s hawkish shift. The key change was where the Fed noted that economi...

2018-08-02 James Harte Read more
EURUSD 28.11.17
EURUSD 2017-11-28 Intra-day analysis

Daily Forex Market Preview, 28/11/2017 The markets were seen trading rather mixed with the U.S. dollar identified as weakening. The euro briefly rallied to 1.1950 levels while gold prices rose close to the 1299 handle. On the economic front, the new home sales data was the only major economic release yesterday. Data showed that sales of singl...

2017-11-28 John Benjamin Read more
US Dollar
US Dollar gains for the fourth consecutive week

The ICE Futures US dollar index closed bullish this week, with prices settling on Friday at 95.73, marking a 2-month high. The dollar was supported by broadly improved fundamentals from the US and hawkish rhetoric from FOMC members over the week. [caption id="attachment_16302" align="aligncenter" width="581"] ICE Futures - US Dollar Index (...

2016-05-30 John Benjamin Read more