Swiss Franc (CHF) Spikes on Shock SNB Rate Hike, EUR/CHF Heading to Parity?
Swiss Franc Soars as the SNB Delivers First Hike in 15 Years
Euro Fails Dithers Despite Weaker US Dollar Post Fed Hike. Where to for EUR/USD?
The Euro gave up some ground despite a softer US Dollar in the wake of the Fed's 0.75% hike ahead of the BoE and SNB decisions. Will EUR/USD resume its…
Gold Price Forecast: XAU/USD May Surrender FOMC Gains on Return of Bond Bears
Gold prices may surrender gains made after the Federal Reserve's rate decision sent Treasury yields lower. However, with more rate hikes ahead, bond bears may return to gold's detriment.
Australian Dollar Slips Despite Jobs Data Adding to RBA Hawkish Stance. Will AUD/USD Rally?
The Australian Dollar was relatively unchanged after a low unemployment reading did little to change perceptions. What lies ahead for AUD/USD?
Crude Oil Price Eyes June Low amid Rise in US Inventory & Production
The price of crude oil may face a further decline over the coming days if it fails to defend the opening range for June.
NZD/USD Price Forecast: Post-FOMC Bounce Hits Snag on Downbeat GDP Data
The New Zealand Dollar rallied overnight against the Dollar following the FOMC decision. However, a downbeat GDP print out of New Zealand may see the rally fade.
S&P 500 and Nasdaq 100 Rally Despite Fed’s Hawkish Hike, but Will Gains Last?
U.S. stocks rally after Fed Chairman Powell says he does not expect 75 basis points rate hikes to be commonplace during the ongoing tightening cycle.
AUD/USD Reverses Ahead of Yearly Low with Australia Employment on Tap
AUD/USD may stage a larger recovery over the coming days as the exchange rate appears to be reversing course ahead of the yearly low (0.6829).
Fed Raises Rates by 75 Basis Points in Largest Hike Since 1994 in Effort to Crush Inflation
The Federal Reserve raised its benchmark interest rate by 75 basis points to 1.50-1.75%, the third hike in the ongoing tightening cycle aimed at cooling rising inflationary pressures.
Swiss National Bank (SNB): Rare spectacle of SNB interest-rate decision has markets on edge
SNB interest-rate decision, from non-event to rare Spectacle