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The dollar traded mixed against it peers in a narrow range yesterday and ahead of the pivotal FOMC rate decision later today. Investors have appeared a little more confident after the sharp selloff in risky assets early on Monday morning.
22 March 11:52
The European Central Bank is set to announce its rate decision at 13:15 GMT today (Thursday, March 16th). In short, EURUSD is perhaps likelier to react to market sentiment, rather than the fundamental actions of the ECB today.
16 March 11:14
More tightening would be good for the dollar which has struggled with the banking contagion issues.
15 March 10:53
All eyes were on Fed Chair Powell and his semi-annual testimony to the Senate Banking Committee on Tuesday. And he grabbed the headlines big time as he chose to go large on his inflation-fighting credibility.
8 March 12:26
Get ready for a rollercoaster ride across global FX markets this week! The calendar in focus for investors and traders is packed with central bank meetings and rate decisions, a semi-annual Congress appearance from the most powerful banker in the world, and the latest US jobs report.
6 March 10:42
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