US Retail Sales and the prospect of a hawkish shock from the Fed
This data highlights the tough decision facing the Fed as it tries to avoid a recession and get inflation back to the target ...
Gold: Will the Fed outdove markets? – TDS
There is evidence that the last leg of the rally in Gold may have been a stop hunt, given the odd timing for an incursion ...
Gold pulls back down following release of US Retail Sales data
Probabilities now favor a larger 0.50% cut to Fed base rates, which would boost the attractiveness of Gold. Gold (XAU/USD) plateaus in the $2,580s on Tuesday, ahead of the release of potentially ...
Lost swagger: Broad-based retail weakness despite scant gain
The August retail sales report is the latest example of a choosy consumer continuing to spend even if the pace of growth is ...
EUR/CHF Price Prediction: Bullish engulfing candlestick could indicate more upside
EUR/CHF bottomed and formed a Bullish Engulfing candlestick pattern on September 11. EUR/CHF reached a temporary bottom on ...
How could the Fed meeting impact Bitcoin?
Historically speaking, Bitcoin has performed well following Fed rate cuts. In March 2020, Bitcoin rallied following the Fed’s ...
Donald Trump’s World Liberty Financial confirms plan for WLFI token, likely exempt from SEC regulations
The plan is to sell 63% of the token to the public, keep 17% for user rewards, and keep 20% with the team. WLFI tokens will be sold only to accredited investors under Regulation D exemption from the ...
EUR/USD Forecast: Caution mounts ahead of Federal Reserve’s announcement
The Greenback gathered near-term momentum with the news, pushing EUR/USD towards the current 1.1120 price zone. The country ...
Mexican Peso declines ahead of central bank decisions
The Mexican Peso (MXN) edges lower on Tuesday morning after mildly retreating the prior day. This may be as a result of ...
USD/CAD jumps to near 1.3600 on soft Canadian CPI, upbeat US Retail Sales
The USD/CAD pair climbs above the round-level resistance of 1.3600 in Tuesday’s North American session. The Loonie asset strengthens after the release of the soft Canadian Consumer Price Index (CPI) ...
The Fed can cut 50 bp because it can
Big-shot former Fed chief Dudley says the Fed should “go big”—the logic supporting a 50-basis-point cut is compelling. He runs though the familiar arguments, the bottom line being “Monetary policy is ...
Why the Fed is set to cut interest rates and what does that mean
A cut in interest rates means that the Fed reduces borrowing costs. This is the first time the US central bank will do so since March 2020, when the first wave of the coronavirus pandemic hit and a ...