FxWirePro: Can Fed match the market expectation?
Jun 19, 2019 12:29 pm UTC| Commentary Central Banks
The financial markets, as well as President Donald Trump expecting the Federal Reserve to cut the rate at todays meeting or signal future rate cuts later in the year. But can the Federal Reserve really match the...
U.S. Treasuries plunge ahead of FOMC’s monetary policy decision, 5-year auction
Jun 19, 2019 11:35 am UTC| Commentary Economy
The U.S. Treasuries plunged during Wednesdays afternoon session, ahead of the Federal Reserves monetary policy meeting today at 18:00GMT. Also, investors shall be looking forward to the countrys 5-year TIPS auction,...
API reports surprise while market awaits EIA report
Jun 19, 2019 11:25 am UTC| Commentary
Oil benchmarks are moving higher with pace as supply/demand fundamentals are catching up amid geopolitical uncertainties surrounding Venezuela, Libya, and Iran. Key factors at play in the crude oil market OPEC...
German bunds slump ahead of ECB President Draghi’s speech, June manufacturing PMI
Jun 19, 2019 11:15 am UTC| Commentary Economy
The German bunds slumped during European trading session Wednesday ahead of a speech from European Central Bank (ECB) President Mario Draghi, scheduled to be delivered today by 14:00GMT and the countrys manufacturing PMI...
FxWirePro: FOMC monetary policy preview
Jun 19, 2019 10:49 am UTC| Commentary Central Banks
The U.S. Federal Reserve is in a dovish-neutral mode, as several policymakers have recently signaled the possibility of rate reduction facing weaker inflation. Headline inflation was 1.8 percent in May, down from 2.9...

FxWirePro: Sell EUR/USD in short-term targeting 1.10 area
Jun 19, 2019 09:32 am UTC| Commentary
The single currency euro is down against the USD this week as the European Central Bank (ECB) chief Mario Draghi speaking in Portugal hinted further monetary easing by the central bank despite the deposit rate being at -40...
FxWirePro: Positive remarks on Sino-American trade negotiations uplifts risk sentiment
Jun 19, 2019 08:13 am UTC| Commentary
Positive remarks coming from both China and the United States with regard to the ongoing trade dispute has improved risk appetite of investors this week. The improvement in sentiment has pushed the U.S. benchmark stock...