Weekly Forecast: US Political Headlines, Brexit Negotiation and Rate Decisions Ahead

Volatility has started to churn this past week and the course looks just as tumultuous ahead. From political headlines for US equities to Brexit negotiations for the Pound to rate decisions and data to spur monetary policy speculation; traders should be ready to dodge risk and pursue opportunities as they arise. US Dollar Forecast: US […]

Webinar: Live Event Coverage: BOE Rate Decision

Upcoming Webinars for Week of September 10 to August 15, 2017 Friday at 9:45 EDT/13:45 GMT: UofM US Consumer Confidence (SEP P) See the full DailyFX Webinar Calendar for all upcoming strategy sessions. In this webinar I outline expectations for the Bank of England’s August policy meeting. At the previous BOE meeting, policymakers downplayed the […]

Fed Speakers Urge Interest Rate Caution Allowing EUR/USD To Crack 1.19

Highlights: DXY slides further on Euro’s remarkable run above 1.19, USD showing promise against others EUR strength could travel as political risks subside, and economic data continues to surprise Crude oil price retrace Tuesday’s drop on EIA demand picture Sentiment Highlight: Euro likely to hit further highs as retail fights trend Should we be focusing […]

Strong-Start-To-US-Earnings-Season-Bodes-Well-For-Rate-Rise-Expectations_body_US_500_20170413_14

Strong Start To US Earnings Season Bodes Well For Rate Rise Expectations

Talking Points – JPMorgan, Citigroup and Wells Fargo all beat EPS forecasts. – Their results were buoyed by higher interest rates. – The positive results suggest the Fed will continue to tighten monetary policy. See the DailyFX Economic Calendar and see what live coverage for key event risk impacting FX markets is scheduled for the […]

New-Zealand-Dollar-Hit-By-Rising-Jobless-Rate_body_Picture_1

New Zealand Dollar Hit By Rising Jobless Rate

Talking Points: The New Zealand Dollar was battered by expectation-missing jobless figures The headline rate topped 5% There were some bright spots, but they weren’t enough The New Zealand Dollar slid Wednesday after the release of some official employment figures which were feeble overall, even if there were some areas of strength. The jobless rate […]