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fomc

Big Week For USD: NFP On Watch
Big Week For USD: NFP On Watch

Hawkish Fed ExpectationsThe US Dollar is on watch this week as traders brace for the latest NFP report on Friday. Pricing for a Fed rate hike in October rose to around 70% last week from just above...

Copper Drops On Hawkish Fed-Speak & Weak China Data
Copper Drops On Hawkish Fed-Speak & Weak China Data

Copper Sinks on MondayCopper prices have started the week under heavy selling pressure with the futures market down around 2.7% on the session as traders digest weak data from China and mull its...

Copper Rebound Rolls On Following FOMC
Copper Rebound Rolls On Following FOMC

Coppr Higher Despite Fed HikeCopper prices continue to push higher on Thursday as the rebound in the metal gathers pace. The rally comes despite the rally in USD on the back of the Fed hiking rates...

Dollar Spikes As Fed Hikes & Signals More To Come
Dollar Spikes As Fed Hikes & Signals More To Come

Hawkish Hike From FedThe US Dollar is starting the day on a quieter footing following the sharp rally higher we saw yesterday in response to the September FOMC meeting. The Fed seemingly satisfied...

Traders Brace For September FOMC Today
Traders Brace For September FOMC Today

FOMC Up NextThe US Dollar is a touch softer today as traders await the outcome of the September FOMC meeting later. The bank is widely expected to hike rates by a further .25% and so the bigger focus...

Copper Sinks As Tariff Uncertainty Swells
Copper Sinks As Tariff Uncertainty Swells

Copper Selling ContinuesCopper prices remain under heavy selling pressure on Tuesday with the futures market extending the reversal from last week’s record highs. The market is now down 8% from those...

USDJPY Rallying Ahead of Fed & BOJ Meeting
USDJPY Rallying Ahead of Fed & BOJ Meeting

FOMC On WatchUSDJPY is rising again today as traders brace for the FOMC tomorrow followed by the September BOJ meeting on Friday. Traders are widely expecting the Fed to hike rates tomorrow on the...

Bitcoin Slides As ETF Outflows Return
Bitcoin Slides As ETF Outflows Return

FOMC Nerves GrowingBitcoin prices are cooling today as uncertainty kicks in ahead of the keenly awaited September FOMC meeting tomorrow. The Fed is widely expected to hike rates tomorrow and the...

Dollar Spikes On Monday As Trades Await FOMC
Dollar Spikes On Monday As Trades Await FOMC

CPI Rises AgainThe US Dollar is starting the week on a strong footing following Friday’s hotter-than-forecast inflation release. Headline annualised CPI held steady at 3.4% as expected but the monthly...