FOMC Minutes Disappointed Global Markets

February 23, 2017 08:34

Following last week's upbeat testimony from the Fed Chair, market players were expecting a hawkish statement from FOMC minutes which can help the US Dollar to extend its latest advances. However, nothing has happened as minutes of latest FOMC meeting revealed that policymakers, even after preferring a soon rate-hike, still...


US Markets Opened With Greenback Gains

February 22, 2017 08:36

Following an extended weekend, US markets reopened on Tuesday with a strong buying in favour of the US Dollar and equities as optimism surrounding world's largest economy, as expressed by some FOMC members recently, and political turbulence at EU, kept nurturing the greenback. The Euro, however, couldn't manage to enjoy...


FOMC Minutes, UK GDP & EU PMI To Grab Market Attention

February 20, 2017 11:59

With Fed Chair's upbeat Testimony favoring promised rate-hike irrespective of Trump policies, USD buyers were all happy since early last-week. Those Bulls gained additional strength after CPI, housing market figures and manufacturing indices managed to portray rosy picture of world's largest economy and helped US Dollar Index (I.USDX) to post...


Few Important Releases To Propel Forex Moves

February 20, 2017 08:45

With slew of upbeat US data-points, coupled with hawkish comments from Fed policymakers, including Fed Chair, the US Dollar Index (I.USDX) managed to post second consecutive weekly positive closing. However, uncertainty at UK & EU kept favoring safe-havens whereas Chinese figures helped commodity basket to remain a bit strong. Present...


Trump Damaged Global Investor Sentiment

February 17, 2017 08:06

On Thursday, upbeat US data-points, including Jobless Claims, Housing figures and Philly Fed Manufacturing, all failed to provide a positive daily closing to the US Dollar as an unscheduled press conference by US President, Donald Trump, weighed down global investor sentiment. Mr. President's aggressive behavior against media over allegations of...