Loading...

fed

Dollar Plunges On US Midterms 'Blue Tsunami'
Dollar Plunges On US Midterms 'Blue Tsunami'

Dollar Down MidweekThe US Dollar is down firmly today after the US midterms delivered a stunning victory for the Democrats who took both houses. For once it seems opinion polls were on the money,...

EURUSD Rebounding Following Midterms
EURUSD Rebounding Following Midterms

Weak USD Boost EUREURUSD is rising firmly today, benefiting from the US Dollar weakness we’ve seen amidst the US midterms fallout, and bullish eurozone inflation data today. On the US front, the...

Gold Spikes Higher on USD Drop
Gold Spikes Higher on USD Drop

Gold Spikes on WednesdayGold prices are sharply higher today on the back of the USD weakness we’ve seen from the US midterms outcome. The so-called ‘Blue Tsunami’ (Democrats have control of both...

Bitcoin Plunging As ETF Outflows Soar
Bitcoin Plunging As ETF Outflows Soar

BTC PlungingBitcoin prices remain heavily weaker at the start of November after BTC futures posted their weakest October returns in 12 years. ‘UPtober’ has it has been named among crypto fans, failed...

Dollar Sliding At Start of Busy Week
Dollar Sliding At Start of Busy Week

US Midterms This WeekThe US Dollar is down sharply through early European trading on Monday as traders brace for a busy week in the markets. The US midterms tomorrow, RBA rate decision, Eurozone CPI,...

Gold Bouncing Off 1-yr Lows Ahead of US Midterms
Gold Bouncing Off 1-yr Lows Ahead of US Midterms

Gold Hits 1-Year LowsGold prices are seeing better bidding action today with the futures market in the green after plunging to fresh one-year lows on Friday. The slide in prices at the end of last...

Strong US GDP Fails To Lift Dollar
Strong US GDP Fails To Lift Dollar

USD Down on FridayThe US Dollar is firmly lower today despite a strong showing in yesterday’s advance Q3 GDP print which rose to 3.4% from 2.2% prior, above the 3.2% the market was looking for....

USD Higher After Hawkish FOMC Meeting
USD Higher After Hawkish FOMC Meeting

Hawkish Hold from FedThe Dollar is rising again this morning on the back of the FOMC meeting yesterday. The Fed kept rates on hold, as expected, but was broadly hawkish in its messaging citing...

Dollar Rallying Into FOMC Tonight
Dollar Rallying Into FOMC Tonight

FOMC On WatchThe US Dollar remains firmly bid today ahead of the FOMC meeting this evening. A rebound in AI sentiment following strong Q3 earnings from Korean chipmaker SQ HYNIX has helped the USD...