Forex
US Federal Reserve’s Federal Open Market Committee (FOMC) meet next week – preview
Morgan Stanley preview the Federal Open Market Committee (FOMC) meeting June 11 and 12. MS are expecting the September meeting to kick off...
Bank of Canada rate cut – will cut again in July and 100bp in total for 2024
On Wednesday the BoC began its interest rate cut cycle, the BOC's first cut in four years:Bank of Canada lowers rates to 4.75%...
GBP/USD resumes upside near 1.2800 on mixed US data, Fed rate cut expectation
The GBP/USD pair resumes upside near 1.2790 despite the rebound of US Dollar (USD).
Goldman Sachs sees a “wall of money” pouring into the US equity market in Q3
Goldman Sachs’ global markets division managing director Scott Rubner with the projection.Says there will be a “wall of money” pouring into the equity...
AUD/USD stays firm amid mixed US Data, ahead of Aussie’s Trade Balance
The Australian Dollar finished Wednesday’s session unchanged after mixed economic data from the United States fueled interest rate cut speculations by the Federal...
European Central Bank interest rate cut expected today, then to cut by 200bp by July 2025
Snippet via Bank of America on what's to come from the European Central Bank in the next year:We expect the ECB to finally...
Morningstar say OPEC is operating from a weak position, to weigh on oil
A Morningstar energy and utilities strategist says OPEC is operating from a position of weakness, in an oversupplied marketpointing to near-term oil price...
NZD/JPY Price Analysis: Kiwi rebounds from 20-day SMA, yet consolidation looms
On Wednesday, the NZD/JPY pair saw a formidable rebound from the 20-day Simple Moving Average (SMA) at 95.50, launching upward towards 96.75.
Bank of Canada rate cut – the BoC isn’t done, another 50bp of cuts in 2024, more in 2025
On Wednesday the BoC began its interest rate cut cycle, the BOC's first cut in four years:Bank of Canada lowers rates to 4.75%...
Bank of Canada rate cut – expect a further 75bp of cuts in the second half of the year
On Wednesday the BoC began its interest rate cut cycle:Bank of Canada lowers rates to 4.75% from 5.0%. Full statement from the Bank...