LT US Dollar Potential Damaged, Even as Fed Hints at Dec Hike Talking Points: - Fed inserted language into policy statement hinting at hike soon. - Reduced glide path of rates takes fuel out of US Dollar's tank in long-run...
Gold Prices Pop after Fed, But Remain in Bearish Channel Talking Points: Gold Technical Strategy: Longer-term up-trend still alive, near-term bearish channel still active (bull flag formation). Gold prices caught a major bid after yesterday’s FOMC announcement as the US Dollar sold off...
USD/CAD SSI Shows 70 Percent Traders Net Short Day Before FOMC Talking Points: Approximately 70 percent of traders are net short USD/CAD pair going into the FOMC meeting The SSI reading is the most extreme bearish view since January Bank of Canada governor states that negative rates remain a poss...
Ahead of the coming week, Investing.com has compiled a list of these and other significant events likely to affect the markets. Monday, September 19 Financial markets in Japan will be closed for a national holiday...
Raheb Homavandi | TIMA Iranian workers walk at a unit of South Pars Gas field in Asalouyeh Seaport, north of Persian Gulf, Iran November 19, 2015 Crude oil prices fell 2 percent on Friday to multi-week lows as swelling Iranian exports reinforced fears of a global glut, while gasoline rallied on r...
The Australian economy has been on a steady decline since February when it bought more than NZ $1.10. Things took a turn for the worse after the big news of the weak employment data from Australia surfaced...
On Monday, Taiwan stocks traded higher after the close, as revenues in the Machinery, Electronic Parts/Components and Optoelectronic sectors brought shares higher. In Taiwan, the Taiwan Weighted gained 1.14% at the close...