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The Federal Reserve is expected to leave its policy unchanged in the first meeting of 2019. The balance sheet reduction program is the center of attention. The US Dollar is already suffering, but explicit talk about a change is not priced in. The Federal Reserve announces its first decision of...

This article originally appeared on FXStreet. US President Donald Trump tweeted an optimistic tweet ahead of the NFP. The tweet triggered a mini "buy the rumor, sell the fact." The USD remains supported, and any possible doubts about a hike have diminished. US President Donald...

The EUR/USD is confined to a range at the 1.22 handle, starting off the week without any major moves. The current market mood and technical indicators point to a potential move higher The new trading week has opened in a calmer tone. After a turbulent week on Wall Street and a very volatile...

A modest US Dollar retracement during the Asian session on Wednesday helped the EUR/USD pair to recover a major part of previous session's drop to three-week lows. With investors looking past yesterday's stronger-than-expected US PPI print, news that a Democrat candidate has come out...

While the USD is being backed up by an upgrade in inflation expectations following the largest US PPI is over 6y, the latest leg up in the USD/JPY suggests a note of caution judging by the decreasing volume that it has carried over the past 4 trading days. The impulsive demand off 112.00 appears to...

The Bank of England tested the ability of the UK largest banks and building societies to withstand capital requirement in the environment of the adverse macroeconomic scenario of 4.7% drop in output, sharp depreciation of Sterling, drop in house prices and misconduct fines. The result is positive...

The tables may have turned in favor of the dollar bulls, suggests the USD/CAD technical charts. The currency pair recovered from the low of 1.2680 yesterday on the back of weakness in oil prices. The pair jumped to 1.2771 and currently trades at 1.2760 levels. Weekly chart Source: Netdania The...

The technical studies indicate increased odds of a corrective rally to 112.00 levels in the next 24-36 hours. As of writing, the currency pair is trading at 111.15 levels. The spot found bids below 111.00 in Asia, but failed to cut through the 1-hour 50-MA hurdle as the uptick lacked the support of...

On Monday, the US Dollar pared early losses to two-month lows and gained some respite on the back of stronger-than-expected new home sales data. Also, comments by the Dallas Fed President Robert Kaplan, putting December Fed rate hike move back on investors' mind, further helped ease bearish...

The US durable goods orders are expected to have decelerated the growth rate in October after experiencing a surprisingly strong September. Although the data from the from the US factory sector have been optimistic lately, the economic activity tracked by other indicators showed some deceleration...

The US Dollar held weaker on Wednesday, with the GBP/USD pair gaining some positive traction for the seventh consecutive session and now making a fresh attempt to move past the 50-day SMA important barrier. The ongoing flattening of the US Treasury yield curve, led by sliding longer-term yields on...