Exchange4free Blog

USD All eyes will be on the FOMC (Federal Open Market Committee) meeting later this evening, as the FED (Federal Reserve) is expected to deliver their second rate hike of the year. The expectation is for a 25bp hike. With the hike fully priced in,...

USD The Dollar fell yesterday and is now at levels last seen in early October 2016. The Dollar has retraced more than 60% of its gains since highs in December 2016. The political situation is one to keep an eye on, as President Trump distanced t...

USD The USD is weakening against most of the G10 non-commodity based currencies, with EUR up 0.5%. FED president, John Williams, said that he sees a total of three interest rate increases for this year as his baseline scenario; but views four hikes...

USD Tuesday saw the release of US services PMI increasing to a four-month high of 54 points in May from 53.1 points in April; coming in above the expectation of 53.1 points. The above is attributed to growth in new business and recovering job creati...

USD At the beginning of the week (Monday and Tuesday), we saw the US dollar strengthen; the strength of the greenback was clearly seen against the haven currencies of CHF, JPY, EUR and AUD. This was before US President Donald Trump abruptly fired FB...

USD This week will be filled with interesting news out of US markets; beginning with President Trump’s tax announcement later today and a potential US government shut-down, should a budget not be passed by midnight on Friday. Trump’s premise of fis...