The Federal Reserve now forecasts at least two rate hikes by the end of 2023
The Federal Reserve now sees at least two interest rate hikes in 2023, according to the central bank’s so-called dot plot of projections. Wednesday’s forecast showed 13 members of the Federal Open Market Committee believe the Fed will increase rates...
Australian Dollar Higher ahead of Job Data
The Australian dollar has reversed directions on Wednesday and posted slight gains. In the North American session, AUD/USD is trading at 0.7706, up 0.24% on the day. Australian Employment Change expected to rebound Australia’s labor market has been steadily recovering,...
The markets are on edge before the Federal Reserve’s policy update in the face of surging inflation
The Federal Reserve is not expected to take any policy actions after its two-day meeting this week, but it is likely to signal that it is thinking about them. Stock futures were flat on Wednesday morning as investors awaited the...
Vaccines will be the ‘most important’ economic policy this year, IMF chief says
LONDON — Vaccine policy will top all other economic polices this year as the world tries to recover from the coronavirus crisis, International Monetary Fund chief Kristalina Georgieva said Wednesday at CNBC’s Global Evolve Summit. “Vaccine policy this year, probably...
Mortgage refinances rebound as rates drop temporarily to lowest level in a month
Robin Azougi 1st R, a licensed real estate salesperson with Douglas Elliman Real Estate, talks with prospective buyers at a house for sale in Floral Park, Nassau County, New York, on Sept. 6, 2020. Wang Ying | Xinhua News Agency...
Markets Await Fed, Canadian Dollar Shrugs Strong CPI
Dollar softens quite notably in early US session as markets await FOMC rate decision. Though, Swiss Franc and Euro appear to be slightly weaker. On the other hand, Kiwi and Aussie are strengthening mildly but Canadian Dollar shrugs off stronger...
USD/JPY Pair Started a Steady Increase from 109.40 Support
The US Dollar started a steady increase from the 109.40 support zone against the Japanese Yen. The USD/JPY pair even climbed above the 109.80 level to move into a positive zone. The pair is now trading above 110.00 and the...
FedEx Completes Wave 4 Pullback At 38.2% Fibonacci
FedEx Corporation (FDX) has made a bullish bounce. But the rebound was even stronger than expected because price action broke above the top. The main targets are located at the -27.2% Fibonacci level at $340 and the -61.8% Fibonacci level...
Core Bonds Trade Sideways
Markets Focus was on the US yesterday, with a series of key gauges being released. May retail sales disappointed (though following an upwardly revised April) while (core) factory gate inflation accelerated to a series high (6.6% y/y headline, 5.3% core)....
Former Barclays CEO’s fintech venture raises $187 million with backing from BlackRock and JPMorgan
Antony Jenkins, founder of 10x Future Technologies and former CEO of Barclays. Chris Ratcliffe | Bloomberg | Getty Images LONDON — The financial technology venture of former Barclays CEO Antony Jenkins has raised £132.5 million ($186.6 million) from investors in...
Signal2forex.com - Best Forex robots and signals




