Hawkish

Share: AUD/USD fell more than 0.50%,  to a daily low near 0.6380. Jerome Powell opened the door to another…

Share: NZD/USD consolidates its loses and jumps near 0.5940, but it will set its fifth consecutive weekly…

Market Recap Recommended by Jun Rong Yeap Get Your Free Equities Forecast It was another down day in Wall Street, as statements from the Federal Open Market Committee (FOMC) minutes did not reflect the level…

Article by IG Chief Market Analyst Chris BeauchampDow Jones, Nasdaq 100, CAC40 Analysis and Charts​​​Dow falls back for another day​The index continues to drop back from last week’s highs, and further losses will put the 50-day simple…

Resilient labour market conditions and persistent services sector’s prices were not well-received by Wall Street yesterday, as the overnight data called for a hawkish bias in Federal Reserve’s (Fed) policies. A significant beat in the US…

FED MINUTES KEY POINTS:Fed minutes from the June meeting show that central bank officials believe that additional policy firming may be warranted to curb price pressuresThe account of the two-day session also reveals that policymakers are…

Short EUR/GBP: A Hawkish BoE and Price Action Support Further Downside.The Great British Pound has been on a tear of late, even before the 50bps surprise delivered on the June 22. The Euro itself enjoyed a bit of a renaissance of late…

Share: NZD/USD advances with support from RBA’s hawkish hold and weakness in the US dollar during the US…

GOLD PRICES FORECAST:Gold prices were subdued on Wednesday after Fed chair Powell indicated that the central bank plans on hiking two more times this yearTaking into account recent weakness, the precious metal has fallen more than 2.5% in…

US DOLLAR OUTLOOK:The U.S. dollar rebounds following hawkish comments from the FOMC chairman at a central banking forum in SintraPowell says that more tightening is coming and that strong majority of Fed officials support two additional…