FXTM Forex Market News

2022-07-29 10:31:18 The first week of August is set to feature a host of key events that could shake up markets, including the latest US jobs report, fresh Wall Street earnings, and perhaps even a new OPEC+ deal.


Still, the central bank watch remains front and center as the Reserve Bank of Australia and Bank of England could hike their respective rates by another 50 basis points each in the coming week.


 

Read More (https://www.forextime.com/market-analysis/week-ahead-boe-sustain-gbpusd-above-50-day-sma) Open / Comment

2022-07-29 10:31:18 Open / Comment

2022-07-29 10:31:17 Week Ahead: BOE to sustain GBPUSD above 50-day SMA?
https://www.forextime.com/market-analysis/week-ahead-boe-sustain-gbpusd-above-50-day-sma Open / Comment

2022-07-28 11:44:38 Technical Outlook: Dollar Weakens On Less Hawkish Fed
https://www.forextime.com/market-analysis/technical-outlook-dollar-weakens-less-hawkish-fed

Technical Outlook: Dollar Weakens On Less Hawkish Fed

Lukman.Otunuga…

Thu, 07/28/2022 - 11:14

/s3-static/users/user17/dollar_-_sad_0.jpg

Earlier in the week, we questioned whether another jumbo Fed rate hike would be enough to satisfy dollar bulls. Well, we got our answer yesterday evening after the Federal Reserve raised interest rates by 75bps for the second straight month to tame inflation. Open / Comment

2022-07-27 19:13:25 Fed Decision: What you need to know
https://www.forextime.com/market-analysis/fed-decision-what-you-need-know

Fed Decision: What you need to know

han.tan@FXTM CY CA

Wed, 07/27/2022 - 15:32

/s3-static/markets/field/image/Central%20banks/fed_1_1.jpg

When is it due?

The FOMC policy statement is set to be released at 6:00PM GMT

 
Fed Chair Jerome Powell is then scheduled to hold his press conference at 6:30PM GMT.
 

Here are the key points to look out for:

  Open / Comment

2022-07-26 12:36:23 Asian markets edged higher on Tuesday, drawing support from China’s technology sector as investors braced for another busy and potentially volatile week for financial markets.

Overnight, Wall Street delivered a mixed performance thanks to the growing caution ahead of earnings from the tech titans, as well as the Federal Reserve decision on Wednesday. In the FX space, the dollar weakened against most G10 currencies while gold traded within a tight range, waiting Read More (https://www.forextime.com/market-analysis/big-tech-earnings-and-fed-meeting-focus) Open / Comment

2022-07-26 12:36:22 Open / Comment

2022-07-26 12:36:22 Big Tech earnings and Fed meeting in focus
https://www.forextime.com/market-analysis/big-tech-earnings-and-fed-meeting-focus Open / Comment

2022-07-25 15:57:18 We have seen the king of currency space loosen some grip on the FX throne thanks to a combination of profit-taking and reduced bets over how aggressive the Fed will be when raising rates this month. Appetite for the world’s Read More (https://www.forextime.com/market-analysis/trade-week-can-fed-satisfy-dollar-bulls) Open / Comment

2022-07-25 15:57:18 Open / Comment