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fomc

Copper Plunges As Traders Await Tariff News
Copper Plunges As Traders Await Tariff News

Copper Tariff Decision PendingCopper prices are down sharply today as traders await a report from the US Commerce Dept determining whether or not import tariffs will apply to refined copper tariffs....

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EURUSD Lower Ahead of ECB/Fed Speakers

Hawkish Fed ExpectationsEURUSD is falling today ahead of keenly awaited speeches from both ECB’s Lagarde and Fed’s Warsh. Hawkish Fed expectations have propelled USD higher in recent weeks with...

Dollar Rally Stalls As Inflation Outlook Questioned
Dollar Rally Stalls As Inflation Outlook Questioned

US Core PCE StallsThe rally in the US Dollar has stalled for now on the back of yesterday’s closely watched inflation data. The monthly core PCE reading was seen printing 0.3%, as expected, with the...

Will Inflation Burst Stocks' Bubble?
Will Inflation Burst Stocks' Bubble?

Stocks Softer Ahead of InflationUS stocks are softening a touch today as traders brace for the latest US inflation data due this afternoon. The S&P ahs been on a tear recently with the index...

Dollar Seeing Fresh Safe-Haven Demand
Dollar Seeing Fresh Safe-Haven Demand

Dollar Higher on TuesdayThe US Dollar remains in the green today following a reversal higher off the week’s lows yesterday. Fresh uncertainty over the health of the US/Iran ceasefire is fuelling...

Dollar Slips Despite Hawkish FOMC Developments
Dollar Slips Despite Hawkish FOMC Developments

Hawkish Dissent at FOMCThe US Dollar is seeing muted price action over early European trading on Thursday. This comes despite a hawkish shift from the Fed last night at the April FOMC. The Fed held...

USDJPY: BOJ & Fed Meetings On Watch
USDJPY: BOJ & Fed Meetings On Watch

BOJ TonightA busy week for FX markets with three big central bank meetings this week starting with the BOJ overnight tonight, the Fed on Wednesday and the BOE on Thursday. Traders have recently...

Bitcoin Capped At $80k Ahead Of FOMC
Bitcoin Capped At $80k Ahead Of FOMC

BTC Breakout StallsFor now, the rally in BTC has stalled into the $80k marker with price now spending 4 days capped at the level. Better optimism around a potential end to the US/Iran war has been a...

Dollar Rallying Ahead of US Data & Warsh Testimony
Dollar Rallying Ahead of US Data & Warsh Testimony

Dollar Higher On TuesdayThe US Dollar is looking a little firmer today as traders await the latest US data this afternoon as well as scheduled talks between the US and Iran. Despite initially stating...