Sterling Struggles for Traction
FX traders are waiting for next week's policy meeting of the Bank of England before making any major bets on…
Oil gains continue, gold eases lower
Oil extends gains on a strong demand outlook Oil prices are charging higher for a third consecutive session on fuel…
Eurozone Economic Sentiment Improves
As its vaccination campaign advances, the Eurozone economic sentiment rose during this month to 110.3 points, against last month’s 100.9.
New Zealand dollar jumps after FOMC meet
The New Zealand dollar has steadied on Thursday after posting strong gains a day earlier. Currently, NZD/USD is trading at…
Oil edges higher, gold rises on FOMC
Oil powers higher on US recovery target fixation Oil markets ignored a rise in official US Crude Inventories, as they…
FOMC sinks the US dollar
US dollar retreats after FOMC meeting The US dollar sell-off resumed with form overnight after the FOMC passed without incident…
Asian equities edge higher
Asia in cautious mood, eyes US GDP Asian equities continued to trade with a cautiously bullish bias, with one eye…
Forex Today: FOMC Steady and Optimistic
U.S. FOMC Maintains Course, Dismissed Higher Inflation; U.S. Dollar Down; S&P 500 Hits New High.
On message Fed supports recovery trade
Fed holds the course Investors moved back into the global recovery trade overnight as the Federal Reserve stayed “on message”…
Big earnings from Microsoft, Alphabet, and Boeing, dollar drops ahead of the Fed, oil rises
US stocks are mixed ahead of the FOMC decision and Apple’s results. The Dow Jones Industrial Average is leading the…