FOMC

This week, the US dollar was tracked within a range of 103.290-104.400 in the DXY index. This index (highly weighted to the Euro) is down for the week by -0.49%. The decline was initially triggered this week by the US ISM Services data…

& Copy Bloomberg. Patrick Harker, President and CEO, Federal Reserve Bank of Philadelphia, (Bloomberg) -- Philadelphia Federal Reserve Bank President Patrick Harker said the US central bank is close to the point where it can stop…

SUN: Greek ElectionsMON: PBoC LPR AnnouncementTUE: BoK Announcement, EZ/UK/US Flash PMIs (May), US Richmond Fed (May)WED: FOMC Minutes, RBNZ Announcement, UK Inflation (Apr), German Ifo Survey (May)THU: CBRT Announcement, SARB Announcement,…

No major central banks sharing monetary policy decisions this week, but that doesn't mean traders won't try to estimate their expectations! This week we will see more data from China, the latest labor market readings from the UK and…

Wonder why the FOMC statement this month was such a huge deal? Here is a quick summary of what the policy makers announced and what it means for the US dollar, as well as the rest of the financial markets. As you've likely heard, Fed…

This is via the folks at eFX. for bank trade ideas, Check out eFX Plus. For a limited time, get a 7-day free trial, Basic at $79 per month and Premium at $109 per month. Bring it here. Barclays Research keeps the Fed's interest…

The Federal Reserve raised interest rates by 25 basis points on March 22 after a turbulent period for regional banks. I always find it a good practice to re-read a previous FOMC statement before issuing a new one.The Federal Reserve…

Weak US data and banking tensions excited USD bears earlier this week! In case you missed it, the US dollar gave up most of its gains for the week after a report showed that US layoffs are growing to the highest levels since 2000 while…

Bitcoin fell below the $28,000 level on Tuesday, as the markets continued to prepare for the Federal Reserve's interest rate decision tomorrow. The Federal Reserve is expected to raise interest rates by 0.25%, despite the slowdown…

The central bank of the largest economy in the world is about to drop the May monetary policy decision! What can traders expect from the event and how can it affect the price movement of the dollar? Here's what you need to know if you…