Key comments from Theresa May statement following EU’s ultimatum – UK will not leave on the 29th March (GBP down)

In a dramatic turn of events along the Bexit saga, with Donald Tusk’s ultimatum and statement on Brexit, PM May is…

Breaking: PM May confirms request for 30th June delay to Art’ 50 – ‘This delay is a matter of great personal regret for me’ (Watch Live)

PM May is taking the stand at Downing Street, addressing the UK nation explaining her current stance on the Brexit deadline…

Wall Street ends mostly lower, despite dovish Fed, financials hurting on lower yields

S&P 500 SPX, -0.29% ended 0.3% lower near 2,824. Dow Jones Industrial Average DJIA, -0.55% shed more than 140 points,…

Fed thinks it will not need to tighten any further in 2019 – Wells Fargo

As expected, the FOMC decided unanimously to keep rates unchanged (2.25 - 2.50%).  According to analysts at Wells Fargo, the…

NZD/USD hits 6-week highs after Fed’s meeting, ahead of NZ GDP

US dollar tumbles across the board after FOMC meeting.  NZD/USD hits highest since early February.  Key event ahead: New Zealand…

USD/JPY Technical Analysis: Greenback collapses towards 110.00 handle on dovish FOMC

USD/JPY daily chart USD/JPY is trading below the 100 and 200 SMAs suggesting bearish momentum.  The FOMC was much more…

EUR/USD rises to the highest in almost two months, near 1.1450

US dollar drops sharply after FOMC meeting, DXY heads for the lowest close since February.  Euro consolidate gains versus the…

Brexit: Corbyn walked out of cross party meeting

Vince Cable states that Corbyn walked out of meeting with May because the independent group were present  - Sunday Times’ political…

Fed: Sharp shift may risk exacerbating concerns about the outlook – ING

At today’s meeting, the Fed kept rates unchanged as expected. James Knightley, Chief International Economist at ING, notes that the…

Fed: Statement and projections still more dovish than expected – RBC

Josh Nye, Senior Economist at the Royal Bank of Canada, points out that the FOMC meeting was dovish and notes…

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