Markets are Back From Holiday

Market scales back rate cut expectations Inflation is not cooling as fast as expected Powell testifies before Congress on Wednesday and Thursday Spotlight to turn to NFP report on Friday at 13:30 GMT Investors get closer to the Fed’s dot plot At its latest gathering, the FOMC appeared less dovish than expected. Policymakers decided to […]

Presidential race dominates headlines and complicates Fed’s job Equities suffered in the two months leading up to the last six presidential elections Market’s performance in the 2016 pre-election period could be a useful guide Dollar strengthened in 2016 but equities were under pressure Significant developments in the race lately The recent gun attack against Donald […]

Key Highlights EUR/USD is attempting a recovery wave from the 1.0700 zone. A major bearish trend line is forming with resistance near 1.0810 on the 4-hour chart. Gold price is recovering higher from the $1,988 support zone. Bitcoin price is consolidating gains above the $50,500 support. EUR/USD Technical Analysis The Euro extended its decline below […]