Merlin Rothfeld
Online Trading Academy
For the past 6+ months, every time Vishal has been on the show, he has been adamant about selling the rallies! And for 6+ months, he has been SPOT on! Will his market view persist? Tune in and find out the answer and much more as Vishal calls in from Mumbai to talk to Merlin on Power Trading Radio.
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Editors’ Picks
EUR/USD stays bid near 1.1650 ahead of Fed rate decision
EUR/USD keeps the green near the 1.1650 level in the European session on Wednesday. Markets turn cautious and ignore the US Dollar ahead of the US Federal Reserve interest rate decision later on Wednesday, where a 25 bps rate cut is almost fully priced in. Meanwhile, cautious ECB-speak keeps the Euro afloat.
GBP/USD holds gains above 1.3300, eyes on Fed outcome
GBP/USD trades on a firmer note above 1.3300 in Wednesday's European session. The US Dollar weakens against the Pound Sterling as the US Federal Reserve is widely expected to announce another interest rate cut on Wednesday. Next of note will be the UK monthly Gross Domestic Product (GDP) report that will be published on Friday.
Japanese Yen bulls seem hesitant as fiscal concerns offset BoJ rate hike bets, ahead of Fed
The Japanese Yen remains on the front foot against a broadly weaker US Dollar through the early European session on Wednesday, though it lacks bullish conviction. Japan’s Corporate Goods Price Index exceeded expectations and reaffirmed bets for an imminent rate hike by the Bank of Japan.
Editors’ Picks
EUR/USD stays bid near 1.1650 ahead of Fed rate decision
EUR/USD keeps the green near the 1.1650 level in the European session on Wednesday. Markets turn cautious and ignore the US Dollar ahead of the US Federal Reserve interest rate decision later on Wednesday, where a 25 bps rate cut is almost fully priced in. Meanwhile, cautious ECB-speak keeps the Euro afloat.
GBP/USD holds gains above 1.3300, eyes on Fed outcome
GBP/USD trades on a firmer note above 1.3300 in Wednesday's European session. The US Dollar weakens against the Pound Sterling as the US Federal Reserve is widely expected to announce another interest rate cut on Wednesday. Next of note will be the UK monthly Gross Domestic Product (GDP) report that will be published on Friday.
Gold struggles around $4,200, looks to Fed for fresh impetus
Gold extends its sideways consolidative price move through the European session and trades around $4,200 this Wednesday. Traders now seem reluctant and opt to wait for the outcome of a two-day FOMC policy meeting later in the day. The key focus will be on updated economic projections and Powell's speech.
Federal Reserve expected to cut interest rates as disagreement among officials grows
The United States (US) Federal Reserve (Fed) will announce its interest rate decision on Wednesday, with markets widely expecting the US central bank to deliver a final 25 bps cut for 2025.
BoC expected to hold interest rate, signaling the end of easing cycle
The Bank of Canada is widely expected to maintain its benchmark interest rate at 2.25% at its meeting on Wednesday. That would follow two consecutive quarter-point rate cuts in September and October.
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