Fed: Pulls Back to Two Hikes as Dollar Drops - BBH Research Team at BBH, notes that the Federal Reserve halved the number of rate hikes it anticipates this year from four to two. Key Quotes “The market has been moving toward this as well after having thought they would be no hikes this year...
EUR/USD: Bullish Developments, Holds Firm at 1-Month High EUR/USD is consolidating gains around the 1.1220 vicinity, having jumped more than 1.5 cents from 1.1050/60 ahead of the FOMC decision, to print a 1-month high at 1...
Asian Markets Rally After FOMC, Gold Back Above $1250 All the Asian markets are trading on a higher note on Thursday after FOMC kept interest rate unchanged at 0.5% but cuts GDP forecast. Central bank cuts its estimate of GDP growth in 2016 to 2.2% from 2.4...
Us Oil Breaks Major Resistance Around $39, Targets $40.85 Major resistance -$39 Minor support - $38 US Oil has broken major resistance $39 and jumped till $39.35. It is currently trading around $39.11.Short term trend is bullish as long as support $36 holds...
Japan Has Y242.769 Billion Trade Surplus In February Japan posted a merchandise trade surplus of 242.769 billion yen in February, the Ministry of Finance said on Thursday. That missed forecasts for a surplus of 235.0 billion yen following the 648.8 billion yen deficit in January...
AUD/NZD Back Above 1.12 Mark, Intraday Bias Remains Neutral Pair is currently trading around 1.1240 levels. Pair made intraday high at 1.1254 and low at 1.1160 marks. Pair remains volatile during the Asian session as both the countries have released key economic data...
AUD/USD: Finally Breaks 0.7600, So Where Next? AUD/USD is chipping away at the 0.76 handle with committed bulls determined to challenge the shorts on the back of the FOMC outcome today, despite the poor show in the jobs data...
AUD/JPY Soars on Australian Jobs, 86.00 in Sight AUD/JPY is building up its bullish momentum, first initiated on the back of a surprisingly dovish FOMC, to now have targeted the area 85...
AUD/USD Bulls Not Done Despite Jobs Miss AUD/USD has been a mixed show on the back of the jobs data and a big miss on the headline again. However, the bulls were not phased right away and bids came in that have been met by cautious offers given the dovish FOMC vibes lingering around markets...
Australian Feb Employment Report: Total Jobs Disappoint, Full Time Bright Spot Australia published flat employment figures for the month of February, with the ABS reporting a minimal 0.3k increase in total employment (seasonally adjusted) vs -10k expected by Reuters. Full-time jobs came in at 15...
After the Fed and ECB, A Slew of Central Banks Tune Policy Talking Points: • The Federal Reserve lowered its rate forecasts Wednesday and the ECB leveraged its dovish effort last week • While the world's largest central banks set extreme and aggressive policy, smaller players are forced to adapt...
Pivot Points Daily Last Updated: Mar 17, 1:25 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.0804 1.09886 1.11051 1.11732 1.12897 1.13578 1.15424 USD/JPY 109.906 111.394 111.957 112.882 113.445 114.37 115.858 GBP/USD 1.37517 1.39724 1.41139 1.41931 1.43346 1.44138 1.46345 USD/CHF 0.94809 0...
Support & Resistance for Indexes Last updated: Mar 16, 2:31 pm +03:00 https://www.mql5.com/en/blogs/post/657889 S - Strong | M - Moderate | W - Weak SPX500 SPX500: Will the Fed Feed the Bulls, or Set Them Out to Pasture? S1 2000.00 S R3 2082.60 S S2 1985.30 S R2 2065.45 S S3 1949.48 S R1 2043...
Support & Resistance Last updated: Mar 16, 2:31 pm +03:00 https://www.mql5.com/en/blogs/post/657889 S - Strong | M - Moderate | W - Weak EUR/USD EUR/USD Technical Analysis: Post-ECB Rally Stalls Near 1.12 S1 1.1094 M R3 1.1495 S S2 1.0919 M R2 1.1376 S S3 1.0778 S R1 1...
https://www.mql5.com/en/blogs/post/657889 FOMC Holds and the Dots Go Down: USD Crushed Talking Points: -The Fed held rates at this afternoon’s FOMC meeting. - The Fed did reduce the dot plot matrix, or expectations for future rate hikes, and this has brought considerable volatility into markets...
The U.S. Federal Reserve is expected to hold interest rates steady on Wednesday as it balances continued concerns about the health of the global economy with fresh signs that domestic inflation is starting to rear its head...
There were 31.42 million people in work, 116,000 more than for August to October 2015 and 478,000 more than for a year earlier. There were 22.94 million people working full-time, 302,000 more than for a year earlier. There were 8...
UK Unemployment Preview: What to Expect of GBP/USD? Renewed Brexit fears are scaring investors out of Sterling positions ahead of the UK unemployment data, wage growth figure and budget statement release...
EUR/USD Drops Further Near 1.1070 The selling pressure is now growing bigger around the common currency, with EUR/USD visiting the area of 1.1080/70 or session lows...
