Tag: USDIndex
Market Update – January 16 – USD at 7 mth lows as YEN takes...
The BOJ meeting this week is dominating trades as the new week kicks-off. Japanese 10-yr yields trading at 0.51% above the BOJ ceiling and...
Positive China News Lifts AUD
The December FOMC meeting minutes, were hawkish and supported the dollar. The minutes show policymaker's aim to reduce inflation towards their 2% target, but...
Market Update – December 15 – FED: Inflation Remains Public Enemy No. 1
The FED, as expected, announced a 50 bp increase in the federal funds rate to place it in a target range of 4.25%-4.50% (the highest level in...
Fed’s Interest rate decision & USDIndex
The US Federal Reserve announced a 50 bp increase in the federal funds rate in line with market expectations to place it in a...
Market Update – December 14 – FOMC Day after Inflation weakens again
The USD Index dived to a six-month low of 103.50, from 105.00 following the cooler CPI data and trades at 104.00 now. US...
GBPUSD – All Eyes on the Fed and the BOE
GBPUSD (D1)
GBPUSD fell to near 1.2200 after failing to break above resistance at the 1.2300 level, and currently sits at 1.2270, as market sentiment...
