Tools for TradersTop Movers | Heat Map | Pivot Point | Pivot Meters | Action Bias | Volatility Charts Action InsightDollar Borrows Support from Ultra-Low Jobless Claims and Strong Retail Sales, Euro Firm as ECB Upgraded Growth and Inflation Forecasts Dollar tumbled broadly after FOMC rate hike as most likely an extended selloff after core CPI miss. News on the progress in Republican's tax bill provided little support to the Dollar. Technically, Do... BOE Stands on Sideline after November Hike, Attributing Inflation Overshoot to Weak Currency The BOE voted unanimously to leave the Bank rate unchanged at 0.5% in December, following a historic rate hike in the prior month. Policymakers also decided to leave the asset purchase program unchang... SNB Raised CPI Forecasts, Acknowledged Franc's Weakness But Pledged To Stay Cautious While leaving the policy rates unchanged for another month and pledged to continue FX market intervention when needed, the SNB has turned less dovish in December. It has turned more upbeat over the ec... FOMC Hikes Rate For Third Time, With Two Dissents The greenback got dumped, as a result of a series events happened over the past day. Defeat of GOP Roy Moore in the Alabama Senate race and the miss of the core CPI were followed by a final version of... Technical OutlookEUR/USD Mid-Day Outlook Intraday bias in EUR/USD remains on the upside for the moment. Corrective pull back from 1.1960 has completed at 1.1717 already. Also, as the pair defended 1.1712 cluster support (61.8% retracement... USD/JPY Mid-Day Outlook Intraday bias in USD/JPY remains neutral at this point. Decline from 113.74 is still seen as a correction. As noted before, as long as 111.98 support holds, further rally is expected in the pair. On ... Suggested ReadingsUS: Retail Sales Surge in November on Black Friday and Cyber Monday Strength EURUSD Posts Neutral to Bullish Bias in Short-Term Timeframe BoE Keeps Rates Unchanged, Draghi in Focus Pound Slips After BOE Meeting, Stocks Weaker, ECB Rate Decision Ahead GBP/USD: UK Data, FOMC Boost Cable Ahead Of BoE Euro Jumps After Fed Sounds Dovish, ECB Decision Next Brexit – The Tough Negotiations Begin Now USD Loses Ground Despite Fed Rate Hike, CBRT, BoE And ECB Eyed USDJPY Under Increased Downside Pressure After Drop Below 50-Day MA Fed Raises Rates, Maintains Normalization Path The FOMC Takes Another Step Toward Normal Fed Delivers December Hike, With More Tightening in Store Next Year Economic Data
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