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Can There Be Too Big Of a Rate Cut?
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Read More »Gold records all-time high, surpasses $2,600
Gold prices climbed past $2,600, recording new all-time highs amid increasing speculation that the Federal Reserve will continue to lower borrowing costs and heightened tensions between Israel and Hezbollah in…
Read More »Forexlive Americas FX news wrap 20 Sep: The week comes to s close with the USD mostly up.
Mixed end to the day for the major indices Qualcomm has approached Intel about a takeover in recent days Fed Harker: There is a risk that inflation decline could stall…
Read More »Mexican Peso extends losing streak amid risk aversion
The Mexican Peso extended its losing streak against the Greenback to three consecutive days, with the currency set to sustain weekly losses.
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USD/JPY moves above 143.00
The only news of note has been the rate cut from the US Federal Open Market Committee (FOMC) on Wednesday: Just waking up? Here’s the short summary of Wednesday’s FOMC…
Read More »USDCAD going sideways ahead of FOMC rate decision. What would break the pair higher/lower
The USDCAD has been trading in a sideways pattern even though CPI data out of a Canada yesterday was weaker than expected. The unemployment rate is also moving higher with…
Read More »US Housting Starts rise 9.6% in August, Building Permits increase 4.9%
Housing Starts in the US rose 9.6% in August to 1.356 million units, the monthly data published by the US Census Bureau showed on Wednesday.
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