Stocks are jumping from a support test yesterday morning and the Fed is widely-expected to initiate lift-off this afternoon. But - what else will they say?
U.S. markets are bouncing, but failing not doing so in a very convincing manner thus far; outlook is tentatively positive but could quickly change at resistance.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger NZD/USD-bearish contrarian trading bias.
EUR/USD downtrend to continue as markets price in a 25-basis point hike in the US. Fed dot plot and inflation projections drawn into focus along with Ukraine situation
The US Dollar surged to a five-year high against the Yen and Japan’s Nikkei 225 stock index found a base as market worries about the war in Ukraine cooled as…
Gold prices have been under pressure from multiple fronts including Fed tightening, falling crude oil prices and geopolitics. Can XAU/USD hold its head above $1900?