monetary policy

The U.S. Federal Reserve will be concluding its two-day FOMC meeting on Wednesday this week. According to the futures markets, the 30-day Fed funds rate is expected to rise by 25 basis points, bringing the short term interest rates to 1.25%…
Read More

The monthly inflation data from Canada due to be released today will set an important market for the Bank of Canada. Central bank officials are expected to meet next week at the monthly monetary policy meeting. Although no changes to…
Read More

The common currency was seen giving up more than half the gains made last week as price action in EURGBP was bearish. Closing at 0.8892 on Friday, EURGBP, however, remains supported above 0.8837 level of support. The gains in the euro came…
Read More

The German DAX has continued to post steady trend in the past few weeks. Despite the mixed reaction to the German elections in late September, the leading German index managed to hold on to the gains. After breaching past 12669.0 levels,…
Read More

With the EURUSD now looking to the fourth quarter of the year, the focus for investors will be whether the common currency can hold to the impressive gains made this year. The euro currency has been undoubtedly one of the top performing…
Read More

September was marked by some big events that include the FOMC, ECB meetings in the backdrop of the German elections. The month was largely a non-event with most of the outcomes coming in line with market expectations. The ECB managed to…
Read More

The FOMC meeting this week will be interesting as the Fed is all set to announce its balance sheet reduction program. After starting with years of quantitative easing program to stimulate the economy, the Fed will soon start to unwind its…
Read More

With the FOMC meeting due in a week's time, Fed officials hit the news wires last week. Investors were expecting the central bank officials to offer some clues on monetary policy and expectations on the next interest rate hike. The main…
Read More

The Canadian dollar strengthened for fourth consecutive week against the US dollar, rising over 2% by Friday's close. USDCAD fell to a two-year low on Friday as price tested lows of 1.2061. Further gains can be expected from the USDCAD as…
Read More

The week ahead will be a busy one with three central bank meetings lined up. The RBA starts off the week with its monetary policy meeting, followed by the Bank of Canada and eventually handing over the spotlight to the ECB. On the economic…
Read More