Trading the News: Federal Open Market Committee Interest Rate Decision Another unanimous vote by the Federal Open Market Committee (FOMC) to retain the current policy may dampen the appeal of the greenback and spark a near-term advance in EUR/USD as market participants push out bets for the next rate-hike. What’s Expected: Why Is This Event Important: With Fed Funds Futures reflecting limited ...
New orders for U.S. manufactured goods pulled back in line with estimates in the month of May, the Commerce Department revealed in a report released on Tuesday. The report said factory orders fell by 1.0 percent in May following a 1.8 percent jump in April. more...
Trading the News: U.S. Consumer Price Index (CPI) Even though the U.S. Consumer Price Index (CPI) is expected to hold steady at an annualized 1.1% in May, an uptick in the core rate of inflation may prop up the greenback and spark a near-term pullback in EUR/USD as it puts greater pressure on the Federal Open Market Committee (FOMC) to further normalize monetary policy sooner rather than later. What’s Expected: ...
Trading the News: Federal Open Market Committee Interest Rate Decision Even though the Federal Open Market Committee (FOMC) is widely anticipated to preserve its current policy in June, the updated economic projections coming out of the central bank may drag on the greenback and spark a near-term rebound in EUR/USD should Chair Janet and Co. curb their outlook for growth and inflation. What’s Expected: Why ...
Trading the News: U.S. Non-Farm Payrolls A 160K expansion in U.S. Non-Farm Payrolls (NFP) paired with a downtick in the jobless rate may boost the appeal of the greenback and spur a larger pullback in EUR/USD as it fuels expectations for an imminent Fed rate-hike. What’s Expected: Why Is This Event Important: The Federal Open Market Committee (FOMC) may implement higher borrowing-costs over ...
Recent Visitors
Archive
Go to Profile
Mark as Read