FOMC

GBPUSD Gains, But Faces Significant Headwinds Ahead of FOMC and BoE Decisions

Sign up to find out the implications of the BoE and FOMC meetings on the GBPUSD in the midst of…

Sep 15, 2020, 18:50 BST

Gold Price Threatening to Drop Below 1900 on FOMC Chief’s Remarks

Gold price is lower on the day after some belated USD strength following the announcement of a new inflation targeting strategy…

Aug 27, 2020, 15:59 BST

US Dollar Index Rises As FOMC Changes Inflation Targeting Strategy

The US Dollar is being offered across the board, as the FOMC Chairman Jerome Powell, has announced a new inflation…

Aug 27, 2020, 15:20 BST

USDCHF: Brief Recovery, But Downside Pressure Persists

Yesterday's FOMC minutes triggered a positive response on the US Dollar leading to broad-based buying on the greenback. This allowed…

Aug 20, 2020, 14:41 BST

S&P500 Gets a Shot in the Arm On FOMC Powell’s Dovish Comments

Sign up to see how the FOMC Chair's speech is affecting the S&P 500 index.

Jul 29, 2020, 20:09 BST

FOMC Holds Rates at 0.25%; All Eyes On Powell As Gold Prices Target New Highs

The USD has weakened modestly against gold, sending gold price higher towards the 1968.50 mark after the FOMC left the…

Jul 29, 2020, 19:31 BST

Slump in Pending Home Sales Reapplies Chokehold on US Dollar Index

June's pending home sales declines from May's figures, showing that the US economy is very far from recovery. Sign up…

Jul 29, 2020, 16:27 BST

Preview of AU Inflation Data: A Synergy of Sentiment & Numbers on the AUDUSD

The Q2 2020 Australian Inflation data is due out on July 29 at 01:30 GMT. The expectation is for a…

Jul 28, 2020, 19:38 BST

USD Index Up Slightly, But Upside Capped By Weak Consumer Confidence

According to data from the Conference Board, US Consumer Confidence for July 2020 weakened to 92.6, down from June's 98.3…

Jul 28, 2020, 16:17 BST

EURUSD Consolidates with Euro Zone CPI Data and Powell’s Testimony Due Later Today

With euro zone's inflation data and Fed Chairman’s Powell’s speech scheduled today, will we see volatility on EURUSD pick up?

Jun 30, 2020, 04:43 BST

USDJPY Bullish Ahead of Powell’s Testimony and June NFP. Here’s What You Need to Know.

USDJPY is trading in the green in today’s Asian session. As of this writing, the currency pair is at 107.69,…

Jun 30, 2020, 04:32 BST

AUDUSD Surges to 10-Month Highs as FOMC Signals No Rate Hike in Sight Until 2022

AUDUSD tapped its 10-month highs yesterday after the FOMC hinted that it will maintain its loose monetary policy until 2022.

Jun 11, 2020, 04:31 BST