janet yellen

Saxo Capital Markets Australia

After five consecutive days of positive gains, the US dollar index (DX) fell and the AUDUSD appears to have found the support level at 0.75 handle. Saxo’s Sydney-based traders expect the AUDUSD to trade below the resistance level 0.76 handle given the lack of economic data this week, until Friday’s... Show More

Mathan Somasundaram

Aussie market started slightly negative and went south very quickly before halving the losses. US markets recovering to close nearly flat and solid CBA result in a tough environment offered hope for positive day but the global worry has the investors spooked. We saw the market move below long term... Show More

Crispin Odey

The old adage was that if the market had a problem, you sold the market and bought the problem. The market could only go up if the problem was solved and you made the most money from solving the problem. Governments, however, have rather turned this on its head. Ever... Show More

Livewire News

"The Committee judges that there has been considerable improvement in labor market conditions this year, and it is reasonably confident that inflation will rise, over the medium term, to its 2 percent objective. Given the economic outlook, and recognizing the time it takes for policy actions to affect future economic... Show More

Saxo Capital Markets Australia

With surveys suggesting around 75% expectation of a US Fed rate rise on the 16th of December, the widely accepted assumption is that much of the hike has already been priced in by markets. However, Saxo's Chief Economist Steen Jakobsen says there are at least two elements that haven't been... Show More

Saxo Capital Markets Australia

Optimistic comments concerning a December rate hike from the US Fed Janet Yellen strengthened the US dollar, against most currencies today including the Aussie Dollar. Saxo Capital Markets traders based in Australia say that even though the AUDUSD traded higher on Wednesday, it failed to stay above the key resistance... Show More

Jordan Eliseo

It's been another long week for precious metal bulls, with gold falling below USD $1150oz. A somewhat hawkish sounding Janet Yellen, combined with relative calm as regards the ongoing drama in Greece were enough to further dent the outlook for gold, with the metal now dangerously close to falling through... Show More