Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.

  • Newest
  • Popular

FOMC meeting recap: Dollar dives on “dovish hike”

The Fed has toned down its statement to give it flexibility to pause the interest rate hiking cycle in May depending on incoming economic data

default avatar
March 22, 2023 02:57 PM
Gold bars article image for an article on Precious metals and Gold

Gold prices snap back after engulfing formation on the weekly chart

Gold prices put in a strong bounce last week to create a bullish engulfing pattern. Half-way through the following week and that formation is almost nullified already.

default avatar
March 8, 2023 12:38 PM

Powell puts a 50bps March hike firmly on the radar, GBP/USD tests 2023 lows

According to the CME’s FedWatch tool, investors are now pricing in a 60/40 shot of a 50bps rate hike in two weeks’ time and that rates could peak above 5.5%.

default avatar
March 7, 2023 01:16 PM

Why trade with FOREX.com?

Tight spreads on FX – as low as 0.2 for EUR/USD (with fixed $5 commissions per 100K).

Award-winning platforms with fast and reliable execution.

Course thumbnail of FOREX.com course:  What are commodities by FOREX.com

European Open: All quiet ahead of Powell’s testimony

Market mostly traded in tight ranges ahead of Jerome Powell’s highly anticipated testimony to the House, which has the potential to be a volatile event.

default avatar
March 7, 2023 12:34 AM
Federal reserve building

Powell prepares to pontificate to policymakers, AUD/USD tests 0.6700 support

Some officials and Fed watchers have suggested a 50 basis-point move should be on the table if inflation fails to slow...

default avatar
March 6, 2023 11:21 AM
Federal Reserve eagle

Powell continues to be “less hawkish” in Economic Club conversation

One sure thing is that Powell is not the uber hawk he once was and there won’t be any surprise 75bps hikes coming down the line.

February 7, 2023 03:37 PM

Will Powell disappoint dollar die-hards?

Futures markets now tally with many Fed policymakers for the first time this year, accepting the Fed's "terminal rate" will be above 5%...

default avatar
February 7, 2023 08:57 AM
Congress building

US open: Futures lack direction ahead of Fed Powell's speech

Futures point to a mixed start as investors look ahead to a keenly awaited speech by Fed Chair Powell. Biden's State of the Union address is also due later.

default avatar
February 7, 2023 08:33 AM

Two trades to watch: USD/CAD, Gold

USD/CAD falls ahead of speeches from Fed Chair Powell & BoC’s Macklem. Will Gold fall after Powell’s speech?

default avatar
February 7, 2023 02:57 AM
Federal reserve Eagle

Currencies tread water ahead of Jerome Powell speech

The USD pulled back yet mostly held on to its post-NFP gains in anticipation of a hawkish speech from Jerome Powell this evening.

default avatar
February 7, 2023 12:53 AM
Forex trading

US NFP and potential BoJ successor news send yen reeling

Over the course of the last 2 trading days, USD/JPY has moved from a low of 128.33 to a high of 132.90, a move of 457 pips.

default avatar
February 6, 2023 03:57 PM
Federal reserve building close-up

FOMC hikes 25bps, as expected. More rate hikes to come?

Today’s FOMC meeting was uneventful. However, Powell’s press conference which followed provided less hawkish comments for the markets to feast on

default avatar
February 1, 2023 04:21 PM

FOMC meeting recap: Powell not hawkish enough, traders price in 50bps of cuts by EOY

Fed Funds futures traders are pricing in a full 50bps of interest rate cuts by the end of the year!

default avatar
February 1, 2023 03:07 PM

Fed meeting preview: The magic show of interest rates, inflation, and growth

The big question on everyone's mind is, will Fed Chairman Powell be able to pull off another successful performance?

default avatar
January 30, 2023 09:45 AM
federal reserve stamp

What to make of December’s FOMC meeting?

If markets don’t care about what Powell has to say about interest rates, the next place to turn its attention to may be growth and the outlook for a possible recession in 2023!

default avatar
December 14, 2022 04:30 PM

FOMC meeting recap: Powell presser poses more questions than answers

The Fed Chairman isn’t yet willing to entertain a pause in rate hikes or the prospect of rate cuts in 2023, though he continues to emphasize the central bank’s data dependence...

default avatar
December 14, 2022 03:15 PM

FOMC meeting preview: 50bps hike likely, but will the 2023 dots rise above 5%?

While there seems to be a clear consensus that the central bank should slow its pace of rate hikes, the ultimate question for this week’s meeting will revolve around the so-called “terminal rate,” or how high the Fed will have to push interest rates next year before pausing the rate hike cycle.

default avatar
December 12, 2022 03:21 PM

Open an account in minutes

Experience award-winning platforms with fast and secure execution, and enjoy tight spreads from 0.5 pts on FX and 1 pt on indices.

Trading view chart close-up
"Newspaper snippet of jobs board"

Non-farm Payrolls stronger than expected. Does that change the Fed’s plan?

Chances are that Powell and gang stick to the plan and only hike 50bps. However, that’s not to say that they can’t increase rates later if they deem it necessary.

default avatar
December 2, 2022 11:04 AM
Federal Reserve eagle

US Core PCE lower in September; USD continues lower

If Core PCE continues to fall over the coming months, the Fed may end up hiking rates less than it expects, or even cutting rates before the end of next year.

default avatar
December 1, 2022 12:11 PM
default avatar
November 30, 2022 04:01 PM
Close-up of market chart showing downtrend

USD/CAD holds between key levels ahead of Powell speech

Which direction will the Loonie break?

default avatar
November 30, 2022 12:22 PM

China PMI’s disappoint, Jerome Powell in focus

China’s PMI’s may contracted at their fastest pace in 6-months, but hopes of China reopening have remained the focus to support sentiment.

default avatar
November 29, 2022 11:59 PM

Inflation Is the Solution: The Wisdom to Accept What We Should Not Change

This report will make the case that policymakers should find the wisdom to accept what they cannot change: inflation is not only secular, but it is also the medicine that the global economy needs to escape its debt trap and solve the generational inequalities which tear apart Western countries.

default avatar
November 29, 2022 11:03 AM