Market News

As sentiment for the Dollar gets support on news that the Fed could make an unexpected announcement today, the Euro has suffered in its wake.

Oil prices continue to move downwards despite U.S. and Middle East promises to cut production and diminish the glut.

With 98% of the vote counted, opposition candidate Mauricio Macri is poised to become Argentina's next President.

As sentiment for the Dollar gets support on news that the Fed could make an unexpected announcement today, the Euro has suffered in its wake.

The Fed will be making a surprise announcement at an unscheduled meeting this morning and analysts are expecting to hear about an interest rate hike earlier than the December date discussed until now.

The week ahead is very likely to be much quieter than last week as there is only a small volume of data releases scheduled. These scheduled announcements cover only 5 currencies. Get the economic and political calendar for the popular currencies for the week of November 23, 2015 here.

With all eyes still focused on the next Fed interest rate hike, the Bank of Japan reported that it is prepared to continue its program of quantitative and qualitative monetary easing (QQE) as long as necessary to meet its 2% inflation goal, but is prepared to make adjustments if necessary.

Asian shares held on to this week's gains Friday, while the dollar stepped back from seven-month highs on concerns of higher U.S. borrowing costs and slower global economic growth.

Global focus on a December interest rate hike by the U.S. Federal Reserve is accelerating.

The US Dollar edged off recent highs as investors await the release of the Federal Reserve’s latest monetary policy mean to better assess the likely timing of a rate increase.

Last week’s Paris terrorist attack continues to haunt the financial markets

Asian shares dipped on Friday, in anticipation of key U.S. employment data later in the session that was expected to advance the case for a Federal Reserve interest rate hike as early as next month.

For the second consecutive day, the US Dollar has surged, especially against the common currency Euro, amid growing speculation of monetary policy divergence.

Tuesday's Asian session saw a sharp reversal of Monday's losses, with MSCI Asia-Pacific shares rising 1.7 percent, bouncing up from Monday's 6-week low.

After last Friday’s attacks in Paris, the Euro is coming under heavy sell pressure and earlier struck a 6½ month trough versus the Japanese Yen.