Breaking News: Fed to Cut Rates Despite Better US Retail Sales
Fed is still expected to cut rates even though retail sales surpassed market expectations. Long NZD/USD?
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China’s GDP Data Sets Tone for FX in Coming Months
There are lots of strength in China’s GDP data even as it slows to decades low, buy AUD/USD
Sneak Peek: Two Major Events to Whiplash USD/CAD Tonight
Both Powell’s testimony and Bank of Canada’s monetary policy announcement are happening tonight. We should expect huge volatility in USD/CAD.
Central Banks Vs Presidents, Who’s Louder?
If all the presidents want a rate cut, shorting its currency would be ideal before its meeting; short dollar during Powell’s speech this week.
G-20 Truce May Lift Safe-Haven Assets
Traders are buying stocks as tension between China-US ease, buy USD/JPY?
Breaking News: Fed Signalled Rate Cut for This Year
Fed’s dot plot included a rate cut for the first time and lowered economic projections. Short USD/JPY?
Sneak Peek: A Less Dovish FOMC Could Push EUR/USD Lower
If Powell were to maintain his neutral stance on forward guidance, dollar could strengthen as Fed Fund Futures is already pricing in a 95% cut in September. Short EUR/USD?
Fed Likely to Stay Patient on Its Rate Path
Fed may disappoint traders this week in its FOMC meeting, sell USD/JPY?
Sneak Peek: Weaker Retail Sales Could Provide Dollar Long Opportunity
A weaker retail sale could cause the US yield curve to steepen, resulting in a stronger dollar due to US yield curve correlation with the dollar index. Long USD/JPY?
Sneak Peek: Eyes on Australia Labour Data Tomorrow
As RBA’s optimism last week was largely due to labour data, a stronger data tomorrow could boost the Aussie dollar. Short EUR/AUD if data surpasses expectations.
