Fed releases minutes from meeting where it held rates steady and outlined inflation strategy
The Federal Open Market Committee on Wednesday released minutes from its Sept. 15-16 meeting. The Fed’s policymaking arm held interest rates steady at the meeting and approved language outlining its new approach to inflation. This is breaking news. Check back...
GBP/USD Outlook: Pound Extends Pullback on Risk Aversion and EU-UK Fishing Problem
Cable extends weakness on Wednesday, following 0.7% drop previous day, after President Trump deflated risk mode by calling off stimulus talks. The pound came under fresh pressure today after Ireland highlighted EU-UK fishing problem, the one of key obstacles in...
USD/CAD Steady, FOMC Minutes Loom
The Canadian dollar has posted slight losses on Wednesday, erasing most of the gains seen on Tuesday. In the North American session, USD/CAD is trading at 1.3272, down 0.32% on the day. Canada Ivey PMI disappoints Canada’s Ivey PMI posted...
Fed’s Kashkari warns that delaying stimulus will have ‘enormous consequences’
Minneapolis Federal Reserve President Neel Kashkari became the latest central banker to warn against not getting more stimulus to the U.S. economy, saying that the cost of doing nothing could be major. As the impasse in Washington intensifies, Kashkari told...
EURGBP Edges Eastbound; Upholds Positive Structure
EURGBP is currently tackling the mid-Bollinger band, preserving a neutral-to-bullish tone after bounces off the 50- and 100-day simple moving averages (SMAs), which followed a retreat from the recent five-and-a-half-month high of 0.9291. The dampened slopes of the 50- and...
ECR survey results Q2 2020: Covid-19 crisis increases the economic and political risks for US, Japan, Europe and EMs
The shock resulting from the lockdown measures taken to stop the spread of coronavirus is once again dominating the global risk picture, causing analysts to downgrade key economic factors in second quarter of 2020 and reassess the fiscal implications of...
Yen Plummets Again on Surging Yields, Dollar Awaits FOMC Minutes
Yen had a U-turn today and breaks near term support level against Dollar. Resilience in treasury yield is seen as a factor for Yen’s weakness. After a brief set back yesterday, US 10-year yield looks set to extend recent rally...
The US Dollar Rises On Trump Tweet
Hurricane Delta holds up oil Oil markets were having another heady session until hitting a brick wall when President Trump called off stimulus talks. Oil abruptly reversed course, but both Brent and WTI still managed to finish the day marginally...
GBPUSD Extremely Volatile
The British pound is increasingly volatile against the US dollar currency, as the pair range trades between the 1.2800 to 1.3000 area. Traders are currently choosing to buy GBPUSD towards the bottom of the established range and sell GBPUSD at...
Dollar Rebounds, Stocks Reversed as Trump Pulled Out of Stimulus Talks Abruptly
Dollar and Yen staged strong rebounds overnight, as stocks tumbled after US President Donald Trump halted stimulus talks abruptly. Though, markets somewhat stabilized in Asian session. Swiss Franc and Euro remain the strongest ones for the week for far but...
Signal2forex.com - Best Forex robots and signals




