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Pound sterling is failing to kick higher against the euro despite some better-than-forecast UK GDP Numbers. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105 The British pound appears to be stalling around current levels (1.2850-1...
Barclays: We do not expect the RBNZ to cut rates on Thursday. The fact that the March policy statement said that “policy easing may be required,” rather than strengthening its easing bias, suggests to us that another easing in June is more likely than in April...
No hike was expected, and none was delivered, but the Fed also didn't point a finger at the June meeting in terms of timing the next hike. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
The world is definitely looking up since the last RBNZ meeting. Dairy and oil prices are higher, tradable inflation is much higher than the RBNZ’s June forecast and near-term concerns about China have eased, reducing market volatility...
EUR/USD: We are overall bearish and would prefer to fade gains against the 1.1465 range highs. A move below 1.1210 would confirm our bearish view towards targets near the 1.1145 range lows and then the 1.1065 area. Initial resistance in near 1.1335, the 21-dma...
FxWirePro: AUD/USD Hits 10-Days Low, Bias Back to Downside AUD/USD declined sharply on Wenesday as Australian dollar was weighed down by less than expected inflation reading. The antipodean currency declined sharply, despite the broad dollar sell off across the board...
USD/CHF Spikes Above 0.9750 but Fails to Sustain Gains USD/CHF spiked to fresh daily highs as the greenback strengthened broadly on the back of Fed’s statement on monetary policy. The Fed left the target range for the fed funds unchanged at 0.25%-0...
FOMC: No Change in Forward Guidance - BBH Analysts at Brown Brothers Harriman explained that the Fed's forward guidance has not changed. Key Quotes: "It is looking through the economic soft patch and expects the growth to strengthen...
AUD/USD: This Ship in Going Down, Target 0.7490 AUD/USD has suffered a blow on the FOMC, despite there not being a hint of hawkishism and the Fed on hold yet again, the dollar has relished in some of the content in the statement. AUD/USD was on a downward trajectory from highs of 0...
Fed Statement Leaves Door Open, No Signal of Imminent June Hike - ING Rob Carnell, Chief International Economist at ING explains that it is a relief that the Federal Reserve did not flag a potential June hike and affirmed that the commitment remains data dependent...
USD/JPY Rises to Test Weekly Highs After FOMC A stronger US dollar boosted the USD/JPY pair that rose from 111.25 to 111.75 after the decision of the Federal Reserve to leave rates unchanged. Afterwards it pulled back and it was trading around 111.50/60...
GBP/USD: Offered on Dollar Positives in Statement The Fed left rates on hold with the Fed Funds Rate in the range of 0.25% to 0.50%, and offered less than hawkish statement that, "The stance of monetary policy remains accommodative...
Fed Leaves Policy Unchanged, Removes Reference to Global Events Posing Risks The Federal Reserve decided to leave the target range for the fed funds unchanged at 0.25%-0.50% as widely expected, and gave no clear signs whether the bank will hike rates at the June 14-15 meeting...
EUR/USD Drops After Fed Decision EUR/USD dropped from 1.1343 (6-day high) back below 1.1300 after the decision of the Federal Reserve to leave rates unchanged as expected. The central bank removed the reference to global developments and boosted the US dollar across the board...
Full Statement FOMC Meeting Apr 26-27, 2016 Release Date: April 27, 2016 For release at 2:00 p.m. EDT Information received since the Federal Open Market Committee met in March indicates that labor market conditions have improved further even as growth in economic activity appears to have slowed...
FxWirePro: Gold Inches Higher As Dollar Weakens ahead of Fed Policy Gold inched higher on Wednesday as US dollar was modestly weaker on expectation that Federal Reserve would strike a dovish tone ahead of Federal Reserve policy statement...
AUD/NZD: the Pair is in the Range of 1.1260 and 1.1090 for the Second Month At the beginning of this week the pair AUD/NZD has again rebounded from resistance level of 1.1260 (ЕМА200 on the weekly chart and Fibonacci 38.2% to the last wave of decline since November 2011...
AUD/NZD: Inflation in Australia has Declined Today, following the release of the inflation data in Australia for Q1, which was below the forecast, the AUD sharply fell on the currency market. It became known that consumer price index (CPI in Q1 fell to -0.2% against the forecast of +0.3...
NZD/USD: Important Level of 0.6860 In April the pair NZD/USD has traded between the levels of 0.7050 (ЕМА200 on the monthly chart) and 0.6790 (ЕМА200 on the daily chart). A middle line is the level of 0.6860 (Fibonacci 23.6% to the global decline in the pair from the level of 0...
