Crude Oil Price Slips but Structurally Supported Ahead of the Fed. Where to for WTI?
Crude oil went a touch lower in Asia today as the US Dollar remains well supported ahead of a Fed meeting that could provide fireworks. Will WTI make a new high?
Crude oil went a touch lower in Asia today as the US Dollar remains well supported ahead of a Fed meeting that could provide fireworks. Will WTI make a new high?
The Relative Strength Index (RSI) warn of a larger pullback in USD/JPY as the oscillator falls back from overbought territory to indicate a textbook sell signal.
The S&P 500 sinks and sets new 2022 lows on fears that the Fed will not be able to engineer a soft landing and will push the U.S. economy into a recession with its aggressive hiking cycle.
The Australian Dollar fell versus the US Dollar into the Asia-Pacific trading session as market participants prepared for a jumbo 75-basis-point Fed rate hike. Natural gas markets are in disarray a…
The Bank of England raises interest rates by 25 basis points to 1.25%, the fifth consecutive hike aimed at cooling inflationary pressures in the economy and restoring price stability.
Bank of England seen raising rates by 25bps, GBP remains at risk of a dovish hike given weaker growth outlook.
Swiss Franc Soars as the SNB Delivers First Hike in 15 Years
The US Dollar sits near newly-established 20-year highs and tomorrow brings one of the most important FOMC rate decisions in recent memory.
Gold prices may surrender gains made after the Federal Reserve’s rate decision sent Treasury yields lower. However, with more rate hikes ahead, bond bears may return to gold’s detriment.
The Australian Dollar was relatively unchanged after a low unemployment reading did little to change perceptions. What lies ahead for AUD/USD?