https://www.youtube.com/watch?v=FkLhnl1tapo
The FED’s fund rate expectation is lower but the dollar gained yesterday probably on new dollar long positions now that the Greek debt crisis seems to be solved for now. Commodity prices fell, Canada cut rates and oil prices fell too.
Further Reading
Daily Commentary 22/06/2015
https://www.youtube.com/watch?v=4aBMJhSHzsc
Greece is the word • Greece is the word All eyes will be on Greece today as the deadline for reaching an agreement approaches. Greek PM Tsipras will meet with the leaders of the three international credito…
Today's Technical Analysis 22/06/2015 EURJPY and GBPUSD
The EURJPY gapped higher after hitting support of 159. Currently neutral on this market. The GBPUSD consolidated on Friday and expecting a pullback before resuming the uptrend.
IronFX Daily Commentary by Charalambos Pissouros for 14/11/2016
Bond carnage continues as Trump makes USD ‘great again’
• Market moves from last week continued during the Asian morning Monday.
• Investors keep selling US bonds as they are concerned of higher future inflation.
• This is fuelling USD strength, a…
Daily Commentary by Marshall Gittler for 25/06/15
Even though Greece and their creditors are not accepting each other’s proposals for extending their bailout the euro firmed slightly. If they don’t come to an agreement by Sunday night, banks have to close on Monday as capital controls will be in pla…