Forex signals news and analysis, fundamental stock market breakdown including geopolitical analysis and in depth discussion. Up to date live news feed from around the world, stock market specific.
Fully Regulated Australian Specialist Broker
Wednesday, 2 November 2022
FOMC Strategy Amid a Strong S&P 500 Rebound and Buoyant Dollar
We are heading into this week’s top event risk: the FOMC rate decision. The market consensus is for a fourth consecutive, 75 basis point rate hike; but that exceptional extension of a historical hawkish charge is likely baked in. So what should we focus on for this key event and what markets are most exposed? Via DailyFX - Market News https://ift.tt/eNuZB5j
Tuesday, 1 November 2022
British Pound News: GBP Dictated by USD Ahead of FOMC
GBP/USD remains planted around the 1.15 level while markets keenly await FOMC and BoE rate decisions. Via DailyFX - Market News https://ift.tt/R38u9IN
The US Dollar Eased as Treasury Yields Slipped and Risk Appetite Picked Up
The US Dollar has given up some ground so far today with a slide in Treasury yields and PMI data providing some relief for equity bulls. Will the US Dollar reclaim new highs? Via DailyFX - Market News https://ift.tt/R38u9IN
Australian Dollar Dips After RBA Hike by 0.25% as Expected. Where to for AUD/USD?
The Australian Dollar weakened after the RBA raised the cash rate target by 25 basis points to 2.85% as the central bank slows down the inflation fight. Will AUD/USD go lower? Via DailyFX - Market News https://ift.tt/R38u9IN
Dow Closes Out Its Best Month Since 1976 But Fed Anticipation Will Throttle
We have closed out the month of October in pretty dramatic fashion with the Dow Jones Industrial Average earnings its biggest single-month’s rally since January 1976. That wasn’t a universal charge however and the immediate outlook is facing some immediate throttling in the form of FOMC anticipation. Via DailyFX - Market News https://ift.tt/R38u9IN
Crude Oil Forecast: China Covid Woes Weigh on Prices as Traders Eye Inventory Data
Crude oil prices fell around 2% on Monday as lockdowns across China ramped up. Traders await inventory data from the EIA ahead of major macro data, including the FOMC rate decision and the US jobs report. Via DailyFX - Market News https://ift.tt/R38u9IN
Gold Price Falls Towards Monthly Low After Failing to Test 50-Day SMA
The price of gold appears to be on track the test the monthly low ($1617) as it reverses ahead of the 50-Day SMA ($1680). Via DailyFX - Market News https://ift.tt/R38u9IN
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