Traders got some interesting views of the market on Wednesday afternoon EST; first, the Federal Reserve released minutes of its July meeting, showing that the decision to cut interest rates… Read more »
This Thursday the Australian Securities and Investments Commission (ASIC) has published a consultation paper which proposes to place restrictions on over-the-counter (OTC) binary options and contracts-for-differences (CFDs). The Australian regulator… Read more »
© Reuters. Illustration photo of a China yuan note SHANGHAI (Reuters) – China’s yuan slipped to a fresh 11-year low against the dollar on Thursday, despite support from major state-owned… Read more »
USD/CHF struggles to clear 4H 200MA inside the one-week old rising channel. 50% Fibonacci retracement of June-August south-run adds to the resistance. Despite trading near the early-month tops, USD/CHF still… Read more »
Canadian Dollar Talking Points USDCAD consolidates ahead of the Kansas City Fed Economic Symposium in Jackson Hole, Wyoming, and the advance from the August-low (1.3178) may continue to unravel as… Read more »
By Stanley White TOKYO (Reuters) – The dollar held gains on Thursday after minutes from the Federal Reserve’s last policy meeting hosed down some aggressive expectations the central bank would… Read more »
Comment via SEB, the bank expect8ing a US rate cut next month (And more to follow) Fed Chair Powell speech at the Federal Reserve Policy Symposium in Jackson Hole: This… Read more »
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis wrote a piece in the Financial Times. In brief: The global economy is slowing US business investment has stalled the… Read more »
CBA / Markit preliminary PMIs for August Manufacturing 51.3 vs. 51.6 in July Services 49.2 vs. prior 52.3 Composite 49.5 vs. prior 52.1 Weaker across both services and manufacturing (and… Read more »
Pressure mounts on Powell to deliver Recession nerves look to have settled a little following last week’s panic, which has brought some relief to markets. Now that everyone is an… Read more »