Market response is rapid

Biden says "banking system is safe" after SVB collapse

USD rallies cannot be totally taken off the market. A USD index Fibonacci of the year's low at 88.25 on Feb 16 to the year's high at 95.03 on May 29 give 91.63 as the 50 level and 90.85 as the 61.8% level. This range I think is the range on the USD ...

Fed-driven dollar rally fades, focus shifts to ECB meeting

Yesterday's FOMC statement shows that to sustain a USD rally requires more than just an interest rate hike. The USD is generally bearish for the long term. USD has been falling since FOMC interest rate hike yesterday, the market doesn't seem too ...

Federal Reserve issues FOMC statement

Well, well, well, this is almost one hour after the report. USD Index fell from 93.68 to 93.54 (about 14 points) enough to blow up most accounts. The mover for USD tomorrow. Why not let us wait till then?

Consumer Price Index – May 2018

Channel support broken clean. Market currently @ 0.9088. Final confirmation should be at market close. Next support @ 0.8860 in scope. What a rush from CAD bulls.

NZDCAD: Keep This on Your Radar Next Week

CAD Price action at play. Does not favour CAD bears. CAD had been bearish all week and has hit significant zones guarded by the bulls. So what you see is a rush of the bulls.

Labour Force Survey, May 2018

...Overall, developments since April further reinforce Governing Council’s view that higher interest rates will be warranted to keep inflation near target. Governing Council will take a gradual approach to policy adjustments, guided by incoming ...

Bank of Canada maintains overnight rate target at 1¼ per cent

It's double tragedy for GBP today. In a few hours CAD interest rate decision will further pound in on GBP.

Consumer price inflation, UK: March 2018