The US dollar is little changed after the release of last night’s FOMC minutes and traders will hope that Friday’s labor report will give the greenback a boost....
The Japanese Yen has steadied after losing ground to the US Dollar overnight after the Federal Reserve reiterated that rates are going higher for longer. Where to for USD/JPY?...
Crude oil sunk on concerns around global growth on the back of IMF warnings, China uncertainty and the Federal Reserve making its case for slowing the US economy. Will WTI rebound?...
The minutes to the Fed’s December 13th-14th policy meeting and 50 basis point rate hike held a consistent message for the markets: inflation is the focus and further rate hikes are ahead. Yet, the market still doubts the group’s commitment which further undermined the Dollar’s charge....
The Australian Dollar soared on Wednesday as traders boosted Chinese economic confidence. Still, AUD/USD was unable to clear key resistance, maintaining a neutral bias....
Equities are ranging and the S&P is coiling into a tighter consolidation formation as a symmetrical triangle has built inside of a rectangle formation....
The Federal Reserve released the transcript of its controversial December rate decision. Despite a clear focus holding to inflation, the markets remain unfazed in discounting their intentions with the Dollar waffling while Treasury yields hold firm....