Category: Forex News

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Delayed Boom, ‘Pain,’ After September FOMC

Delayed Boom, ‘Pain,’ After September FOMC

S&P 500, Nasdaq Talking Points:This afternoon brought a 3rd consecutive 75 bp rate hike from the Fed along with assurances of more to come.Unlike [...]
Stocks turned positive after 1st few minutes of Powell’s prepared remarks. Dollar softens.

Stocks turned positive after 1st few minutes of Powell’s prepared remarks. Dollar softens.

After the 1st few minutes of the prepared comments from Fed's Powell, the markets are seen some reversal.The major indices are trading near unchanged [...]
US dollar jumps as the Fed pushes up forecasts for rate hikes

US dollar jumps as the Fed pushes up forecasts for rate hikes

The US dollar jumped in the aftermath of the FOMC decision, hitting fresh highs across the board and breaking major levels.The euro broke the early Se [...]
Fed Hikes Rates by 75 bp to Curb Inflation. What’s Next for Gold, USD & Bitcoin?

Fed Hikes Rates by 75 bp to Curb Inflation. What’s Next for Gold, USD & Bitcoin?

FOMC RATE DECISION KEY POINTS:Federal Reserve raises its benchmark rate by 75 basis points to 3.00%-3.25%, in line with market expectationsPolicymaker [...]
Forex reserves drop below $37b

Forex reserves drop below $37b

TBS Report 21 September, 2022, 10:35 pm Last modified: 21 September, 2022, 10:45 pm Representational image. Photo: Collected"> [...]
Oil Making A Bearish Reversal After the Jump on Russian News

Oil Making A Bearish Reversal After the Jump on Russian News

Crude Oil turned quite bearish in the first week of this month, as US WTI fell to $81.20s. At the beginning of this week, we saw a retrace higher, whi [...]
S&P 500 Holds Onto Gains Ahead of Crucial FOMC Rate Decision

S&P 500 Holds Onto Gains Ahead of Crucial FOMC Rate Decision

S&P 500, Federal Reserve - Talking Points Recommended by Brendan Fagan Get Your Free Equities Forecast US equity be [...]
INR Falls to Record Low Ahead of Fed Outcome; Forex Expert’s Outlook

INR Falls to Record Low Ahead of Fed Outcome; Forex Expert’s Outlook

By Malvika Gurung Investing.com -- Tracking a broad weakness across Asian currencies and weak cues from the domestic and global markets, the closed [...]
US Existing-Home Sales Slipped 0.4% in August – Forex Factory

US Existing-Home Sales Slipped 0.4% in August – Forex Factory

US Existing-Home Sales Slipped 0.4% in August  Forex Factory www.forexfactory.com [...]
USD/CAD Remains Bullish As Inflation Starts to Slow in Canada

USD/CAD Remains Bullish As Inflation Starts to Slow in Canada

USD/CAD was trading in a range below 1.30 for quite some time, although last month we saw a decisive move above that major level and now it seems like [...]
DAX and FTSE Eke Out Gains in the Face of Risk-Off Sentiment, Downside Risks in Play

DAX and FTSE Eke Out Gains in the Face of Risk-Off Sentiment, Downside Risks in Play

DAX 40: Index Finds Support at Session Lows Despite Uniper SE Nationalization.FTSE 100: Gains as Energy and Defense Stocks Rise. Trade Smarter - Si [...]
Shibarium: The New Future of Shiba Inu Metaverse

Shibarium: The New Future of Shiba Inu Metaverse

A new partnership with TTF (The Third Floor Inc) has been made to continue to design and develop Shiba Inu’s SHIB.io metaverse. TTF is the largest vis [...]
UK September CBI trends total orders -2 vs -11 expected

UK September CBI trends total orders -2 vs -11 expected

The headline reading may show that the order book for the UK industry is improving but the situation and outlook remains rather gloomy. Output expecta [...]
Euro (EUR/USD) Wilts Again As Putin Ups Ante, Forcing Focus From Fed

Euro (EUR/USD) Wilts Again As Putin Ups Ante, Forcing Focus From Fed

Euro, EUR/USD, Ukraine, Russia, Vladimir Putin, US Federal ReserveThe Euro is back on the ropes as Russia’s President announces military mobilization [...]
eToro secures in-principle approval in Abu Dhabi Global Market LeapRate

eToro secures in-principle approval in Abu Dhabi Global Market LeapRate

Social trading platform eToro revealed on Tuesday that it has obtained in-Principle Approval from t [...]
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