Dollar jumps on FBI comments - Following Friday's initial reaction to the October payrolls, the markets gave back the gains as the risk aversion mode prevailed. The VIX,...
US dollar and FOMC in focus - The greenback resumed losses yesterday despite an upbeat ISM and Markit manufacturing PMI figures. The declines came about as the euro broke through...
US Dollar Index & GDP report - The US Dollar Index doji pattern and the subsequent bearish close yesterday is indicating signs of exhaustion as traders wait for more catalyst...
Daily Forex News and Analysis - The Australian Bureau of Statistics released the consumer price index data for the third quarter. Official records showed that CPI advanced 1.3%...
Daily Forex Market Report - The ECB monetary policy meeting yesterday saw the euro give up its intraday gains to close on a bearish note. As Draghi signaled that the central...
Forex News and ECB meeting - The single currency could come under pressure as the ECB meeting is scheduled for later today. No policy changes are expected from the central bank...
The US dollar gave up some of the gains yesterday as the Federal Reserve held interest rate steady at 0.50%, despite signaling that a rate hike is likely by December. The biggest...
US retail sales and BoE meetin - GBPUSD posted a strong rebound yesterday as noted, despite the short term intraday dip to session lows below 1.3200. Today’s Bank of England...
EURUSD looks to Draghi for policy clues - Following Tuesday’s weakening in the US dollar, prices were seen stabilizing yesterday with the markets now waiting for the ECB’s...
Daily Forex Market - The US dollar index managed to close bullish yesterday, forming an inside bar in the process. A break out from this level could signal further gains or...
