WASHINGTON (AP) — What once seemed a sure bet — that the Federal Reserve would raise interest rates in September — suddenly appears less certain following a wild week of stock market turbulence. (full story)
The Euro and the British Pound are looking to German CPI and UK GDP figures to shape monetary policy bets ahead of the weekend’s Jackson Hole Symposium.
US Dollar Down Overnight, Swiss Franc Higher... (full story)
By ELAINE KURTENBACH - AP - Fri Aug 28, 1:15AM CDT
TOKYO (AP) — The backdrop to the wild drama in financial markets over the past few weeks is a less dramatic but more daunting reality: the deep-seated challenges for sustaining long-term growth, especially for aging economies like Japan's. (full story)
Kristian Kerr, Sr. Currency Strategist - Daily FX - Thu Aug 27, 10:45AM CDT
USD/JPY and most other ‘risk markets’ seem to be coming up on an important near-term juncture in both price & time. If Monday’s meltdown under the 161.8% projection of the June – July decline in the... (full story)
The US Dollar may rise while risk appetite sours anew if an upside revision to second-quarter US GDP figures rekindles 2015 Fed rate hike speculation.
Australian Dollar Drops as RBA Rate Cut Expectations... (full story)
The Euro and the Japanese Yen fell as news of a boost to Chinese stimulus efforts lifted risk appetite but investors’ chipper mood may prove fleeting.
Yen, Euro Drop on China Stimulus But Risk... (full story)
Yesterday’s pivot high in the EUR/USD occurred at a strong confluence of wave relationships. When analyzing through the glass of Elliott Wave Theory, it appears the move higher is incomplete. Therefore, we look to identify... (full story)
NZD/USD Signal Update
Yesterday’s signals might technically have given a long trade with a small profit off 0.6500, but after the spike all the way down to 0.6200 it would have looked to be a very unattractive and foolish trade.
... (full story)