FXTM Forex Market News

2022-06-16 16:09:35 Sterling rides on BOE hawks’ wings
https://www.forextime.com/market-analysis/sterling-rides-boe-hawks-wings Open / Comment

2022-06-15 15:11:48 The past few days have been incredibly eventful for global markets as concerns over soaring inflation and slowing economic growth sparked explosive levels of volatility!

There was plenty of action across stock, currency, and commodity markets as investors braced for the Federal Reserve (Fed) rate decision on Wednesday evening. After last Friday’s red hot inflation figures, markets are pricing in a 75 basis point US rate hike this month – the biggest hike since 1994. Such an aggressive move from the Fed is likely to Read More (https://www.forextime.com/market-analysis/mid-week-technical-outlook-g10-currencies-under-spotlight) Open / Comment

2022-06-15 15:11:48 Open / Comment

2022-06-15 15:11:47 Mid-Week Technical Outlook: G10 Currencies Under The Spotlight
https://www.forextime.com/market-analysis/mid-week-technical-outlook-g10-currencies-under-spotlight Open / Comment

2022-06-14 11:01:05 Another wave of risk aversion engulfed markets this morning after Wall Street closed in a bear market overnight and Treasury yields jumped to levels not seen in more than a decade. As concerns intensify about soaring inflation, investors are fearful of aggressive rate hikes from the Fed tipping the US economy into a recession. This theme continues to empower king dollar while punishing gold which shed 2.8% on Monday, trading below $1830.

Interestingly, European and US futures Read More (https://www.forextime.com/market-analysis/markets-crippled-inflation-fears) Open / Comment

2022-06-14 11:01:05 Open / Comment

2022-06-14 11:01:05 Markets crippled by inflation fears
https://www.forextime.com/market-analysis/markets-crippled-inflation-fears Open / Comment

2022-06-13 16:28:09 Rising Treasury yields remained an ally to the greenback with the Dollar Index (DXY) advancing above 104.60 as of writing.

Read More (https://www.forextime.com/market-analysis/trade-week-big-week-dollar-focus-shifts-fed) Open / Comment

2022-06-13 16:28:09 Open / Comment

2022-06-13 16:28:09 King dollar kicked off the new week on a solid note, asserting its dominance against all G10 currencies as investors evaluated last Friday’s red-hot US inflation figures and China’s Covid woes. Open / Comment