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December 13, 2017January 24, 2023

The Somewhat Dovish Fed Sent the Euro Higher after the Rate Decision

The euro was inching higher even before the rate decision.  The traders were betting on a dovish stance from the Fed.  The U.S. central bank raised the rate by 0.25% […]

December 13, 2017January 24, 2023

All Eyes on What the Fed Is Going to Say about Its Stance on the Future Interest Rates

The euro is trading up at around $1.1760 against the U.S. dollar after the US inflation rose at a somewhat disappointing 2.2% pace over the year.  The U.S. central bank […]

December 12, 2017

Bitcoin May Have Another Record Close

Bitcoin is moving higher again after the commencement of its futures contracts trading on CBOE. Two of the leading exchanges for Bitcoin trading suffered some outages on Tuesday.  Bitfinex said […]

December 12, 2017January 24, 2023

The Euro Is Near Day Low 1.1720 amid the Stronger Than Expected PPI

The euro moved lower in the U.S. session before tomorrow’s Federal Reserve rate decision. The EUR/USD has been driven to its lowest since November 21st amid the weak economic data […]

December 12, 2017January 24, 2023

The Euro Downtrend Resumed

The euro has drifted lower since the European session today and tomorrow brings the Federal Reserve rate decision. The EUR/USD moved higher after the U.S. job data on Friday.  The […]

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