Our charts can be thrown away for an hour tomorrow., so don't play roulette on the NFP. It is prudent to let the dust settle before assuming risk. Biases remain for a low in Oil and a high in USDCAD.

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AUD/USD News

EUR/USD jitters post-Fed with NFP Friday over the horizon

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EUR/USD cycled familiar territory on Wednesday after the US Federal Reserve held rates as many investors had expected. However, market participants were hoping for further signs of impending rate cuts from the US central bank.

EUR/USD News

Gold prices skyrocketed as Powell’s words boosted the yellow metal

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Gold prices rallied sharply above the $2,300 milestone on Wednesday after the Federal Reserve kept rates unchanged while announcing that it would diminish the pace of the balance sheet reduction. 

Gold News

Ethereum plunges outside key range briefly as US Dollar Index gains strength

Ethereum plunges outside key range briefly as US Dollar Index gains strength

Institutional whales appear to be dumping Ethereum after recent dip. Fed’s decision to leave rates unchanged appears to have helped ETH's price recover slightly. SEC Chair Gensler has misled Congress, considering recent revelations from Consensys suit, says Congressman McHenry.

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The FOMC whipsaw and more Yen intervention in focus

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Market participants clung to every word uttered by Chair Powell as risk assets whipped around in a frenetic fashion during the afternoon US trading session.

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