The USD Index (DXY), which tracks the greenback vs. a bundle of its main rival currencies, adds to Tuesday’s retracement and…
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U.S. dollar rises as Fed likely doing another big hike; sterling sinks
The dollar gained across the board on Monday, regaining some of the luster it lost earlier in the month, bolstered…
Continue ReadingProbability of the Fed Hiking Interest by 75 Bps Stands at 81%
The FOMC meeting is set to happen on November 2 and the probability of a 75 bits per second (bps)…
Continue ReadingJapanese Yen Whipsawed Against US Dollar on Intervention Speculation
Japanese Yen, USD/JPY, US Dollar, PMI, BOJ, Fed, Yield Curve Control, Rates – Talking Points The Japanese Yen has been…
Continue ReadingBuy the Rumour Sell the Fact, Explained
‘Buy the rumour, sell the fact’ is not just trader lingo but is rooted in human psychology and presents itself…
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