Market News & Blog
Politics played a big role last night in Forex moves while stocks dipped and oil had a wild ride...now for the Fed.
The Fed 's decision will help influence whether this recent stall in stocks rally is a pause to refresh or just the calm before the storm.
Since the end of February we have seen multiple Wolfe Waves forming in the CADCHF indicating that after the drop in prices, it could be time for a reversal.
The rally in iron ore and base metals is helping the Australian dollar stay firm as traders await the Fed
Now we wait for the Fed and what the decision and signalling does for the US dollar.
Time for a bounce? Perhaps toward the mid $49 dollar region.
Markets calm ahead of Fed; British Pound could come under pressure
Not waiting for Godot, but certainly markets are waiting for the Fed this week.
It might have been a quiet night for stocks but the US dollar caught a quiet bid as bond rates rose in anticipation of this week's Fed decision.
WTI under pressure, but Nat Gas looking strong
Can USDJPY take out overhead resistance at 115.50/60 or is it back toward 112?