The summer lull is about to end and Jackson Hole provides a hint for things to come. The calendar is packed with known events and a lot of known unknown events, such as the nomination of a new Fed Chair. We preview all the big events you need to know about. You are welcome to […]
The post Everything you need to know for September – MM #157 appeared first on Forex Crunch.
Euro/dollar is enjoying a massive rally. While the trend has been to the upside since the beginning of the year, the rally has recently accelerated. The pair is trading at the highest levels since early 2015, around 1500 pips above the trough. Here is a quick summary of the pair’s drivers and the major levels […]
The post EUR/USD – 5 reasons for the rise and the levels above appeared first on Forex Crunch.
The Federal Reserve convenes for its July 2017 meeting and we focused on one word. Here are 5 additional views from banks: Here is their view, courtesy of eFXnews: USD: No Change From The FOMC This Week But Balance Of Risks Slightly Bearish – Danske Danske Bank FX Strategy Research expects the Fed to maintain […]
The post What can we expect from the FOMC? 5 opinions appeared first on Forex Crunch.
A new week begins with new weakness in the US dollar. USD/JPY is at the lowest in a month, USD/CAD is looking at the lows and even GBP/USD is recovering. The Australian dollar stands out with the largest percentage-wise gains. AUD/USD is trading around 0.7960, still below the spike high of 0.7987 that was recorded […]
The post AUD/USD a big gainer – is 0.80 in play? appeared first on Forex Crunch.
Is inflation still transitory? This is the main question that markets will want to hear an answer to in the upcoming Fed decision on July 26th. The FOMC convenes in one of its “in between” meetings. The meetings in June and in September consist of new forecasts and a press conference by Fed Chair Janet […]
The post Fed preview: transitory or not transitory? This is the question appeared first on Forex Crunch.