Breaking News: EUR/USD pierces 1.1500 ( 61.8 Fib at 1.1499) to the downside on hawkish Powell

EUR/USD has just pierced the psychological 1.15 handle with Powell saying that the Fed 'May Raise Rates Past 'Neutral'.

Fed's Powell: May raise rates past 'neutral'

Earlier remarks:

Fed's Powell: U.S. economy 'remarkably positive'
Not really seeing any impact yet from trade disputes
We do not detect financial instability as elevated now

EUR/USD has been changing hands below the daily cloud and RSIs are still biased to the downside. A break of and a close below 1.1500 and a run below the 61.8 Fib at 1.1499 of 1.1302 august low and 1.1818 opens the 1.1424 76.4% Fibo of the same range.

Oct 3, 2018

Nonfarm payrolls expectations - Nomura

Analysts at Nomura explained that they expect nonfarm payroll employment to increase 180k in September, a slight deceleration from the 201k pace in Au

Wall Street closes modestly higher boosted by energy & financials

Major equity indexes in the U.S. started the day on a positive note as markets cheered the upbeat macroeconomic data releases from the U.S. Although t