The US Dollar set a fresh five-month-low, even as Powell took on a hawkish tone in the statement accompanying today’s rate decision. ECB and BoE rate decisions are on the calendar for tomorrow.

EUR/USD has been on a fast track to fresh highs, but might it be nearing an important turning point?

Yesterday brought a strong intra-day reversal in stocks, exposing a long upper wick on daily candles of SPX, NDX and YM. The big question now is whether the Fed gives bears motivation for follow-through.

USD/ZAR has continued to decline ahead of FOMC. With South Africa’s inflation easing slightly, the Fed decision could drive the next move. Can the Rand hold gains?

US dollar weakness continues after Tuesday’s inflation data and USD/JPY is now testing support off the long-dated moving average

A busy 24 hours ahead with the latest FOMC rate decision this evening while the ECB announces its updated policy decision tomorrow. Both have accompanying press conferences that need to be followed closely.

UK inflation joins the US in posting declines for the month of November. Will today’s inflation print ensure a 50bps hike from the BoE tomorrow?