Chinese market plunges, dollar recovers slightly ahead of FOMC

The market ended the Asian session in a mixed mood. The S&P 500 sheds some profit while the dollar is recovering a little of Tuesday’s net loss. Bitcoin returns to $40,000, leading the pace again. The focus will be on the FOMC report coming later today.  Chinese market plunged China is feeling the biggest Covid-19 […]

The Week Ahead (June 14 -18)- Important Market Themes to watch out for

Another very interesting week ahead as the market looks forward to the FOMC monetary policy update following the last NFP miss and rising inflation figures. Also, important Aussie employment figures will be released before the SNB and BoJ rate statements later in the week. Traders will also watch out for the Canadian inflation report following […]

FOMC Wednesday: How will the dollar react across the major FX?

The market continues to swing its mood almost on a daily basis this week. The dollar is reclaiming some ground on Wednesday a few hours before New York as participants await the FOMC.  Just as we expected at the start of the week, the sentiments driving the market prior to FOMC are not consistent enough […]