The week Ahead
Wednesday - FOMC Statement and Fed Funds Rate The financial markets seem to be searching for direction. In the revised World Economic...
US Jobless Claims @281,000
The US labor department data released today showed the initial jobless claims climbed by 14,000 to 281,000 in the seven days from March...
9th April Market report
Market Comment US indices rose on Wednesday led by shares in the Retailing, Pharmaceuticals, Biotechnology & Life Sciences and...
Market Commentary
FX Comment The US Dollar rose against most of its major counterparts on Tuesday. There was no major economic data reported in the US. ...
Market Report
Market Comment US indices rose on Monday led by shares in the Energy, Utilities and Capital Goods sectors. The S&P 500 (2080.62) remains...
U.S. dollar rebounds to reverse earlier losses against the euro
The U.S. dollar rallied sharply against the euro on Monday, reversing previous losses after strong services data improved outlook for...
Dollar holds gains ahead of U.S. consumer sentiment data
The dollar remained broadly higher against a basket of other major currencies on Tuesday, as growing hopes for a U.S. rate hike continued...
America’s Oil Storage Hits Another Record
America’s oil in storage just hit another record after rising for the 11th consecutive week. Stockpiles rose 8.2 million barrels, or 1.8...
Strong Swiss Franc During Tuesday’s Trading
The Swiss franc was among the strongest currencies on the Forex market today, extending its rally that the currency has started earlier...
Corrective Bias Takes Shape Across USD-Spectrum
EURUSD poised for test of key 1.0905 level. GBPUSD must clear and hold 1.4995 before further gains possible. See the March forex...
