Market News

The euro has been grinding higher but tomorrow’s FOMC meeting could change its fortunes as EUR/USD manages to hold its head above parity....

The Euro is equal to 1 US Dollar as markets strap in for an abundance of central bank action this week with the Fed being the headline act. Will a Fed hike sink EUR/USD?...

There were a few market holidays to start this week, but the fundamental wheels have not stopped turning. With rate speculation and recession fears swelling, the only thing keeping volatility from turning into something bigger may be anticipation for Wednesday’s FOMC rate decision....

Gold prices are little changed ahead of the Federal Reserve’s interest rate decision. Speculators and ETF traders are losing confidence in the XAU trade as global rates tighten. The BoE and SNB are also on tap....

The Australian Dollar is caught up in the whirlwind of central bank actions this week as the RBA meeting minutes support higher domestic rates. Where to for AUD/USD?...

The Nasdaq 100 managed to climb out of a hole to finish in the green on Monday, possibly setting up the Nikkei 225 and ASX 200 for a rosy session. But, will their downside bias persist?...

The update to Canada’s Consumer Price Index (CPI) may keep USD/CAD afloat as inflation is expected to slow for the second month....

Asia-Pacific markets look set to open higher after a rosy Wall Street session. Japanese inflation data is on tap as the Bank of Japan decision nears and USD/JPY trades at support....

The price of oil may track the negative slope in the 50-Day SMA ($91.92) as it reverses course ahead of the moving average....

U.S. equity indices finished in positive territory amid a volatile trading session ahead of the highly anticipated FOMC monetary policy decision on Wednesday. Guidance is going to be of significant interest...