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09:23 23 May /2017 Forex

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US Dollar Index consolidates losses, headed to lowest weekly close in 14 months

The US Dollar Index continued to decline during Friday’s American session and erased Thursday’s gains. It is about to post the third weekly decline in a row and the lowest close since April of last year. DXY unable to find support The dominant trend continues to point to the downsid

21:23 28 July /2017 Forex

Fed's Kashkari: Need to address low-inflation issue with interest-rate policy Eren Sengezer

Speaking to a business group in Woodbury, Minnesota, Minneapolis Fed President Neel Kashkari said that the balance sheet reduction should be gradual and that they need to address the low-inflation issue with interest-rate policy.Key quotes (via Reuters):

21:23 28 July /2017 Forex

AUD/USD consolidates gains below 0.80, marches towards third straight positive weekly close Eren Sengezer

After reaching its daily peak at 0.8007 on greenback weakness, the AUD/USD pair erased a small portion of its daily gains and is now moving calmly at 0.7990, still up 0.25%, or 20 pips, on the day.Unless the pair makes a sha

20:23 28 July /2017 Forex