Market Overview

What is Janet Yellen thinking?As the Fed wound down its QE program in 2014, the USD hit liftoff. It has since hovered in the mid- to upper-‘90s. Throughout this period, anytime the USD began...

Forex News and EventsDon’t be fooled by forecasts As widely expected, the FOMC increased interest rates by 25bsp, raising the target range for the federal funds rate to 0.50% - 0.75%. After...

The Federal Reserve announced an increase in interest rates yesterday, nudging its target rate up by 25 basis points to a 0.50%-to-0.75% range. The central bank’s revised economic projections...

As expected, the Fed hiked the target range by 25bp to 0.50%-0.75% from 0.25%-0.50% previously. Against expectations, the median 'dot' for next year was revised up to three hikes from two hikes...

The Federal Reserve delivered the widely expected hike yesterday. A year ago it suggested four hikes in 2016 were likely appropriate. The market never accepted that, and as the year progressed many...

The crisis in Greece goes on, and on, and on, and on, and on.Greece still needs another debt relief extension, but as expected in this corner, another battle is brewing. Talks are cancelled. This...

Trump’s economic plans will increase national debtA Ticking time bomb Currently, U.S. debt stands at a mammoth $19.8 trillion and will continue to increase under President-elect Trump,...

by Eli WrightThe Fed was more hawkish yesterday than many expected. Though markets were generally in agreement that a hike would finally occur, consensus going into the meeting was that guidance could...

Fed hikes, dollar spikesFedmas is over and much like December 25th, it’s all done too quickly and everyone feels a little bit emptier as a result. The Federal Reserve found enough strength in...

Following this mornings retail sales report, the Atlanta Fed GDPNow Model for 4th quarter 2016 GDP dipped to 2.4% from 2.6%. Latest forecast: 2.4 percent — December 14, 2016 The GDPNow model...

Now that Donald Trump has won the election, the Federal Reserve has decided now would be a great time to start raising interest rates and slowing down the economy. Over the past several decades, the...

The Bank of England (BoE) will announce its latest monetary policy at noon in London. The MPC will likely maintain the bank rate at the historical low of 0.25% and keep the asset purchases target...

IntroductionWe have heard a lot of “loose” statements from Trump on what he will do to countries “cheating on trade” when he becomes President. In this piece, I examine the...

The FOMC did what it was expected to do and increased the interest rate by 0.25% to 0.75%. This is only the second time in 10 years that they raise the interest rate after having done the same last...