Dollar starts to decline, as FOMC Minutes had nothing new for the investors. On the other hand Rouble breaks a new level that hasn´t been seen since 2015.
As the tradition holds then the ECB meeting should take place tomorrow. Everyone is waiting for only one thing to happen, that is, for the QE program to continue.
The JPY growth gains traction on the upbeat CPI, as Oil prices plunge ahead of the OPEC talks.
The FED did not raise interest rates last week, as it was anticipated by many market participants. As for the British currency, market operators keep shortening the long positions as the rest of market participants keep extending them.
The head of FED noted that the US growth remains manageable with low-interest rates.
Traders are second-guessing if major oil producers are able to support the market. At the same time, the UK market has no optimism after the UK Labour market figures were released.
in September the FED meeting might hold some surprises for the market but for now dark times seem to be ahead for the USD.
Again the US economy is without another rate hike.
The New Zealand Dollar fell sharply against its American peer as the US Dollar is still recovering from a heavy selloff.
The Japanese Central Bank announced this week that deepening the negative rate to -0.5% is theoretically possible.
The long-awaited discussion on the Oil market will be resumed on April 17 in Doha.
Crude oil prices are now looking somewhat determined in their attempt to occupy the next important bullish bastion of $25/bbl.
The US NFP data crushed investors’ hopes that it will bring clarity in March’s FOMC decision.
The Wednesday ISM report revealed significant slowdown in business activity in the US service sector.
Just a few hours ago, the head of the Federal Reserve of New York told some interesting things that have sent the USD up north.