In what has been deemed the most aggressive tightening campaign since the 1980s, the Federal Reserve met market expectations by increasing its benchmark federal funds rate by a quarter percentage…
The Federal Reserve’s (Fed) 25 basis point rate hike on Wednesday did not come as a surprise to the markets. Most traders were more concerned about whether the Fed will…
The Dow Jones 30 Futures (CME: NQ) suffered a 1.07% loss week-to-date as traders couldn’t bank on the Banking Sector’s jitters phasing out fully. Traders turned risk-off after the failure…
This week will be choppy for the Nasdaq100 Futures (CME: NQ), with multiple economic data points looming, including the highly anticipated U.S. Interest Rate Decision and Non-Farm Payrolls. The Nasdaq100…
The FTSE100 (LSE: UKX) closed the prior week in the red after five straight weeks of gains which saw the index add 7.98%. A return to risk-on sentiment was partly…
The EURUSD currency pair is set for a blockbuster week as high-priority economic data is lined up in the Euro Area and the U.S. Key to this week’s price action…
The Euro has again shown its superiority against the Yen after the Bank of Japan maintained its negative interest rates. The pair gained 1.26% at its peak in the early…