Market Overview

- AUD creeps higher Thursday but faces losses over coming days. - Westpac eyes decade-low for AUD/USD as RBA cuts rates again. - Says market not prepared for Tuesday cut, strong USD to also weigh. -...

A higher unemployment rate for Australia and negative full-time jobs print weighed on AUD, rekindling expectation for RBA to cut by 25 bps next month. AUD/USD is back below 68c and AUD/JPY is...

If only James Bullard had had his way. The head of the Federal Reserve Bank of St. Louis was the only voting member of the Federal Open Market Committee (FOMC) who wanted to cut the Fed’s...

The U.S. Federal Reserve is giving new meaning to “leading from behind” as it enables central banks around the world to cut their benchmark rates after it first reversed its own policy of...

European Central Bank President Mario Draghi sent a clear message to EU politicians on Thursday: If you don’t like negative interest rates or bond purchases, start spending money and cutting...

The Federal Reserve's Beige Book report, a survey derived from feet on the ground in its 12 districts, indicates the U.S. economy continues to grow and the majority of businesses remain optimistic...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup August 14, 2019 Most people have a simple and basic understanding of what a yield-curve inversion means....

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup August 1, 2019When we look back at this busy week nothing may matter more than news bombs and headline...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup July 31, 2019 The Federal Reserve lowered interest rates by 25bp for the first time since 2008 and instead...

Investing.com's Fed Rate Monitor Tool The U.S. Fed interest rate decision is one of the most closely followed economic events around the world as its stance can have a major impact on global...

The Federal Reserve is almost sure to disappoint investors at its monetary policy meeting tomorrow. It is all but certain to cut its benchmark federal funds rate by a quarter point, to 2.00-2.25 from...

S&P 500 and Nasdaq hit new records as GDP beat boosts economic expectationsWeak technicals persist for both record-beating indicesDollar hits two-year highs U.S. equities are likely to open the...

Mario “whatever it takes” Draghi is not planning to go gently into that good night of retirement.While he disappointed investors who expected the European Central Bank to take some action...

Originally published by guppytraders.comA few weeks ago, on CNBC I noted the contradictory nature of the triple top on the DOW. One the one hand this was a very strong resistance feature and it...