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29 May 2018

Fed’s Bullard: Hard for US rates to get too far out of line with global situation

St. Louis Fed President Bullard is still on the wires, as he continues to speak to reporters in Tokyo.

Further Headlines:

Fed has tools to handle next recession if it comes.

Hard for US rates to get too far out of line with global situation.

Considering that BOJ and ECB are still in an accommodative stance.

May 29, 2018

US Dollar moves to fresh YTD peaks above 94.50

Tracked by the US Dollar Index (DXY), the greenback is now gathering upside momentum and advances to fresh multi-month tops beyond 94.50. US Dollar i
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May 29, 2018

USD/CAD consolidates just below 1.30 handle, near 9-week tops

   •  Resurgent USD demand fails to provide any fresh bullish impetus.    •  Traders even shrugged off the ongoing slump in oil prices.  After an in
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