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The Fed is getting closer to another rate cut as signs of a slowdown start flashing across the U.S. economy. Job growth is losing momentum, inflation is still sticky, and liquidity pressure in the banking system is starting to build up again. Traders are now betting the Fed will step in soon —

EUR/GBP is testing the top of its multi-month range, with momentum still tilted higher. Holding above the 50-DMA at 0.8670 would keep the uptrend intact, targeting 0.8765 and potentially 0.8810/0.8825, Société Générale's FX analysts note. Support at 0.8670 key for EUR/GBP upside "EUR/GBP is probing

Uh oh — that US growth report yesterday was just a bit too strong for investors’ liking. On the surface, strong GDP should be good news but the problem is, such strong growth doesn’t support further Federal Reserve (Fed) rate cuts, and it could even boost inflation expectations on top of potential t

Stocks back off a bit more.BankAmerica is also warning of ‘statistically expensive levels’.Will the market back off ahead of qtr. end? (Doubtful).Bond yields creep higher, Oil is up, and Gold holds the line.China buys oil from Indonesia – pulling a fast one the Saudi’s!New Home Sales Explode higher,

The US Dollar lurched higher on Wednesday, sparked by a fresh round of risk aversion across the broader markets. Central banks worldwide are grappling with two-speed economies of varying degrees, and many are battling a steepening slowdown in economic activity. At the same time, global inflation met

NZD/USD falls to near 0.5855 as the US Dollar extends its winning streak.The Fed started its monetary easing campaign with a 25-bps interest rate reduction.Investors expect the RBNZ to cut interest rates again next month. The NZD/USD pair slides to near 0.5855 during the late European trading sessio