BOE puts rate on hold but for how long?
Sterling rallied to the highest in July after BOE kept its rate unchanged. Is it a good time to join the rally or sell the rally?
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NFP “mood swings”!
NFP posted the best figure in 6 months. USD/JPY shot up 100 pips only to retrace back to pre-NFP level in less than an hour.
Brexit ripples continue
UK had revealed their intention; to leave EU. Uncertainty looms, Gold and Silver hit 27-month and 23-month high respectively.
The Brexit effect
On Thursday 24th June 2016, Britain voted ‘Leave’, opting to quit the European Union.
Crunch time: Brexit or Bremain?
This week, the UK will hold a historic referendum on Thursday 23rd June where voters will answer Yes or No to the question “Should the United Kingdom remain a member of the European Union or leave...
June rate hike off the table
Last Monday, Yellen expressed her disappointment on the weak labour market report which indirectly took the June rate hike off the table.
Gold slumps on Fed rate outlook
Late last week, Federal Reserve Chair Janet Yellen said the improving U.S. economy meant another interest-rate hike would probably be in order “in the coming months,” pushing the dollar to its...
Hawkish minutes propel the dollar
Hawkish FOMC minutes showed most Fed officials believed a rate hike in June is likely if the economy supports it. EURUSD dropped to 7 weeks low.
Strong spending boosts Greenback
Stronger than expected spending in US boosts the greenback to end the week higher. Could the momentum carry on this week?
Gloomy skies loom
RBA cuts interest rate to historical low. China, UK and US data under-perform. Where is the ray of hope amidst the gloomy skies?
