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Tools for TradersTop Movers | Heat Map | Pivot Point | Pivot Meters | Action Bias | Volatility Charts Action InsightDollar Tumbled, Stocks Surged as Markets Saw FOMC Minutes as Slightly Dovish US equities surged to new records while Dollar was pressured as markets perceived FOMC minutes released as slightly dovish ones. DOW rose 42.21 pts or 0.18% to close at 22872.89. S&P 500 rose 4.6 ... Fed On Track To Raise Rate In December The FOMC minutes for the September meeting anchored the Fed's stance to hike policy rate for one more time this year. While the views on economic growth developments remained broadly unchanged from pr... Technical OutlookUSD/CAD Daily Outlook USD/CAD's break of 1.2448 minor support suggest that a short term top is formed at 1.2598, after failing to sustain above 55 day EMA. Intraday bias is turned back to the downside for 38.2% retracement... Suggested ReadingsFed Split On Inflation Intensified At September Policy Meeting FOMC Minutes: Core Members Still Want To Hike In December Fed Minutes Show Confidence in Economic Outlook, But Some Concern Over Weak Inflation USD/JPY Coiling For A Bullish Breakout Fed Reaffirms Likely December Rate Hike Despite Concerns Over Weak Inflation Trade With Our Partners
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