Page 752 – Forex

Watch Fed Powell’s Press conference LIVE

The Federal Reserve press conference following the September rate decision can be watched by clicking above. The Federal Reserve kept the target range for rates …

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September 20, 2023

Technical Analysis

The dollar is higher, yields are higher and stocks are a bit lower after the FOMC decision

September 20, 2023

The initial reactions in the market were for the US dollar to move higher, yields to move higher, and stocks to come off a bit. …

Full statement from the September FOMC rate decision

September 20, 2023

Below is the full statement from the FOMC rate decision: For release at 2:00 p.m. EDT Share Recent indicators suggest that economic activity has been …

The Dot Plot sees the end of year Fed funds rate at 5.6%. The 2023 EOY rate at 5.1%.

September 20, 2023

At the June 2023 meeting the Fed projected the following median estimates for GDP, unemployment, PCE inflation, and core PCE inflation: In September 2023, the …

Technical Analysis

USD moves to new lows ahead of the FOMC decision

September 20, 2023

The USD is the weakest of the major currencies and it is trading to new lows vs most of the major currencies in the current …

Technical Analysis

AUDUSD is the biggest mover today with a gain of 0.74%. What are the technicals saying?

September 20, 2023

The AUDUSD is moving higher today with the pair being the biggest mover of the day (up 0.74%). The move to the upside has seen …

Technical Analysis

Deutsche Bank now sees the Bank of England keeping rates unchanged at 5.25%

September 20, 2023

Deutsche Bank now sees the Bank of England keeping rates unchanged at 5.25% on Thursday. They previously saw an increase of 25 basis points. The …

Technical Analysis

USDCHF moves lower after ceiling area stalls the rally this week. Key support approached.

September 20, 2023

The USDCHF formed a ceiling last Friday and into this week near the 0.89824 level. The high prices over those days stalled against that level …

Technical Analysis

USDCAD stalls at the 200 day MA today. Now works back down toward 100 day MA.

September 20, 2023

The USDCAD yesterday moved below its 100 day moving average and 50% midpoint of the move up from the July low at 1.3397 and 1.3393 …

ECBs Makhluof: I do think we are there or thereabouts at top of ladder on rates

September 20, 2023

ECB’s Makhluof is speaking and says: I do think we are there, or thereabouts, at top of the ladder on rates My view at the …

Technical Analysis

Kickstart your forex trading day with a technical look at the EURUSD, USDJPY and GBPUSD

September 20, 2023

It is FOMC day with the expectation for no change in policy by the US central bank. The focus will be on the details of …