Fundamental Analysis

The FOMC statement didn't offer much on Wednesday but it was enough to send the US dollar over the technical cliff. Several major levels broke as the dollar plunged in the aftermath. We look at what's...
Fundamental Analysis

Wednesday's preliminary estimate of the UK's gross domestic product for the second quarter matched analysts' estimates, but signalled that the expansion lost some momentum from the previous year. This...
Fundamental Analysis

Following the release of the FOMC statement, the US Dollar lost ground against the Japanese Yen, sending the currency pair to the 111.84 area from earlier highs of above 112.0. As it was widely expect...
Fundamental Analysis

The Dollar tumbled to fresh 13-month lows against a basket of currencies during early trading on Thursday, after July's Federal Reserve policy statement was presented with a dovish touch. Although the...
Fundamental Analysis

The Federal Reserve ended its 2-day meeting on Wednesday with, as expected, no change in US interest rates. The Fed commented that US inflation had declined, notably removing the often said 'recently'...