The AUD/USD continued to soar Thursday/Friday, reaching a nine-month high on the back of the U.S. Federal Reserve’s dovish comments about interest rates. To recap, the Fed held interest rates steady on Thursday in a widely expected move...
Analytics & Forecasts
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18 March 2016, 19:37
Three months since the U.S. lifted a 40-year ban on oil exports, American crude is flowing to virtually every corner of the market and reshaping the world’s energy map. Overseas sales, which started on Dec. 31 with a small cargo aboard the Theo T tanker, have been picking up speed...
Analytics & Forecasts
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18 March 2016, 15:50
After the volatility in the wake of the unexpectedly dovish FOMC decision, the dollar is beginning to claw back some of the recent losses as markets look to settle down a touch...
Analytics & Forecasts
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18 March 2016, 13:13
More short-term USD weakness. "The dovish Fed – discouraging USD bulls – has led to a de-positioning move supporting the once shunned currencies. GBP, AUD and many emerging market currencies fall into this category...
Analytics & Forecasts
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18 March 2016, 10:36
Artificial intelligence is poised to automate lots of service jobs. The White House has estimated there's an 83% chance that someone making less than $20 will eventually lose their job to a computer. That means gigs like customer service rep could soon be extinct...
Other
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18 March 2016, 07:20
Filling out a bracket for the NCAA championship basketball tournament is an annual highlight for sports fans like myself...
Other
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18 March 2016, 07:16 #investing, Trading
Earlier this week, we wrote a piece on the AUD/USD highlighting the potential for a pullback after China's industrial production growth eased more than expected (click HERE for details...
Analytics & Forecasts
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17 March 2016, 22:58
After a dovish outlook from the Federal Reserve on Wednesday, JP Morgan's chief US economist Michael Feroli cut his forecast for the number of interest rate hikes by the FOMC in 2016 to 2...
Market News
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17 March 2016, 22:56 #Fed
Talk of the BOJ doing a ring-around Here we go with the intervention stuff. For those that don't know the drill, the BOJ like to pick up the phone to banks just to ask the rate. That's usually enough to have the market covering for fear of real intervention...
Analytics & Forecasts
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17 March 2016, 16:15
The U.S. Federal Reserve's latest economic projections contain an encoded message crucial to understanding the central bank's policies: Inflation has been stuck below the Fed's target in part because officials don’t actually want to get it back up...
Analytics & Forecasts
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17 March 2016, 16:10 #Fed