GBP/USD: Brexit Uncertainty Means BoE Hike Highly Unlikely
Since last night’s FOMC meeting, we have had two other major central bank rate decisions and some key data as well. But there is one last major central bank policy decision still to come in less than an hour’s time:...
All About The FED And The Discussions Go On
Markets The S&P 500 tumbles as the Fed goes whistling past the grave triggering a swath of asset rotation out of equity markets and into US bonds. At the time of writing the S&P, 500 fell -1.5 % while US...
FOMC Review Fed To Markets: ‘Just A Couple Of More Hikes’
As expected, the Fed raised the target range by 25bp to 2.25%-2.50% but only raised the Interest Rate on Excess Reserves by 20bp to 2.40%. With the hike, the Fed funds rate is now in the lower end of the...
Canadian Dollar Steadies, but CPI Could Renew Volatility
USD/CAD has reversed directions on Wednesday and posted slight losses. Currently, the pair is trading at 1.3445, down 0.17% on the day. On the release front, Canada releases inflation indicators, led by CPI. The indicator is expected to decline by...
S&P 500: Dovish Fed Hike Enough to Support US Stocks?
With the US stock markets on course to record their worst performance for a December since 1931 during the Great Depression, some investors are undoubtedly feeling cautiously optimistic that the Federal Reserve will prevent that by delivering a dovish rate...
Brexit Strain to Take Shine off UK CPI and Retail Sales Data, as Well as BoE Meeting
A raft economic data are due out of the UK this week ahead of a Bank of England policy decision. Inflation and retail sales figures will be released at 09:30 GMT on Wednesday and Thursday, respectively, to be followed by...
Pound Edges Higher, CPI and Fed Statement Next
GBP/USD is up slightly in the Tuesday session. In North American trade, the pair is trading at 1.2643, up 0.24% on the day. Earlier in the day, the pair punched above the 1.27 line for the first time in a...
Canadian Dollar Steady ahead of Manufacturing Sales
USD/CAD is unchanged in the Tuesday session. Currently, USD/CAD is trading at 1.3400, down 0.08% on the day. On the release front, Canadian manufacturing sales is expected to tick higher to 0.3%. In the U.S, the focus is on construction...
Can The Fed Salvage The Santa Rally?
Can the Fed deliver a late festive surge? US equity markets are poised to open a little higher on Tuesday, paring losses on another bad day for Wall Street but how long will it last? There is a lot of...
Brexit Update: Corbyn Submits Symbolic No-Confidence Motion
Another week, another Brexit speech from UK PM Theresa May to a skeptical Parliament. In comments to the House of Commons earlier today, May said that staging a second referendum “would say to millions who trusted in democracy that our...
Signal2forex.com - Best Forex robots and signals




