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FOMC Meeting Recap: US Dollar (DXY) Drops as Powell Feeds the Doves
The US dollar initially fell and indices rose as traders interpreted the Fed meeting and press conference as dovish.
EUR/USD analysis: US dollar in focus as attention turns to FOMC and NFP
US dollar is in sharp focus as investors' attention turn to FOMC policy decision next and NFP data on Friday, after the ISM Manufacturing PMI and JOLTS jobs opening data disappointed expectations.
Nasdaq 100 Forecast: QQQ falls despite AMZN earnings & ahead of the Fed
US stocks are pointing to a lower start in cautious trade ahead of the Federal Reserve interest rate decision. The Fed is expected to leave rates unchanged as inflation rose across the first quarter and as the jobs market remains resilient. ADP payrolls were stronger than expected. Fed jitters are overshadowing results from Amazon, which beat forecasts.
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EUR/USD analysis: US dollar in focus as attention turns to FOMC and NFP
Today 04:50 PM
GBP/USD, USD/JPY Forecast: Two trades to watch
Today 07:57 AM
EUR/USD, USD/JPY key levels heading into ISM, employment, FOMC
Today 05:43 AM
NZD/USD, AUD/NZD: New Zealand recession is hammering the jobs market, inflation next
Today 12:21 AM
US dollar ‘bull’ dog unleashed, AUD/USD crushed on eve of Fed: Asian Open
Yesterday 10:08 PM
US dollar analysis: DXY faces crucial test with FOMC, NFP and PMI data ahead
US dollar analysis: Attention turns to ISM manufacturing PMI ahead of Fed meeting later. The key question is how will the dollar react to the FOMC policy decision as most of the hawkishness is priced in, with more key data coming up on Friday? For now, Dollar Index technical analysis suggests the greenback may be heading further higher.
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WTI Crude Oil Charts: Oil Demand vs FOMC Statement
WTI Crude Oil takes a dive as market anticipations steer the wheel towards lower demand expectations
GBP/USD, USD/JPY Forecast: Two trades to watch
GBP/USD falls ahead of the Fed. USD/JPY pair extends its rebound ahead of the Fed & after Japanese manufacturing PMI data.
EUR/USD, USD/JPY key levels heading into ISM, employment, FOMC
The US dollar has rallied on anticipation of a more hawkish Fed ahead of today's meeting. So we take a look at key levels for EUR/USD and USD/JPY.
NZD/USD, AUD/NZD: New Zealand recession is hammering the jobs market, inflation next
New Zealand’s unemployment rate jumps more than expected despite a collapse in labour force participation, putting the Reserve Bank of New Zealand closer to cutting interest rates before the US Federal Reserve. NZD/USD fell sharply while AUD/NZD rose to new cycle highs.
US dollar ‘bull’ dog unleashed, AUD/USD crushed on eve of Fed: Asian Open
A surprise rise in US wage pressures weighed on sentiment on the eve of the Fed meeting, sending the US dollar broadly higher, Wall Street lower as AUD/USD suffered its second worst day of the year.
FOMC Meeting Preview: Will the Fed Put Rate Hikes on the Table?
US dollar traders will be watching Fed Chairman Powell’s press conference and any decisions about the central bank’s balance sheet runoff as potential market-movers for the US Dollar Index (DXY)
S&P 500 Forecast: SPX falls & is on track to decline across April
Stocks are set to open lower and are set to fall across April, marking the first monthly decline since October. The selloff in stocks comes as the market frets over sticky inflation and the prospect of higher rates for longer. Today, the Fed kicks off its 2-day FOMC meeting and no change in rates is expected at the announcement tomorrow. Amazon will report after the close.
WTI Crude Oil Analysis: Keeping an Eye on Economic Growth Metrics
WTI Crude Oil's momentum is shifting gears from MENA tensions towards economic growth statistics
EUR/USD outlook improves on stronger Eurozone economy as focus turns to US data
EUR/USD boosted by German and Eurozone GDP expansion, although the ECB is still likely to cut in June even if the pace of subsequent cuts may be slower. US data highlights include FOMC, NFP and ISM surveys this week. Meanwhile EUR/USD technical analysis point to potential rise to $1.08.
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