Fed’s Rate Decision Balancing the Dollar, Resignation and Politics
The post Fed’s Rate Decision Balancing the Dollar, Resignation and Politics appeared first on NewsmovesmarketsForex.com.
The post Fed’s Rate Decision Balancing the Dollar, Resignation and Politics appeared first on NewsmovesmarketsForex.com.
Daily Pivots: (S1) 1.1546; (P) 1.1575; (R1) 1.1627; More…. EUR/USD’s extended rally and break of 1.1666 cluster resistance (38.2% retracement of 1.2081 to 1.1408 at 1.1665) now suggests that whole decline from 1.2081 high has completed at 1.1408. The is also supported by the strong break of 55 D EMA. Intraday bias is back on…
Can a strong NFP print be enough to revive hawkish Fed expectations and dollar demand? Leading indicators are looking mixed, though the manufacturing sector appears to have seen a strong rebound in hiring for January. Here’s what I’m watching on USD/CHF and GBP/USD in this scenario. This Article Is For Premium Members…
UPCOMING EVENTS: Monday: China CPI. Tuesday: RBA Policy Decision, US NFIB Small Business Optimism Index. Wednesday: Japan Tankan Index, Japan PPI, US CPI, BoC Policy Decision. Thursday: Australia Labour Market report, SNB Policy Decision, ECB Policy Decision, US PPI, US Jobless Claims, New Zealand Manufacturing PMI. Friday: BoJ Tankan Index, UK GDP. Monday The Chinese…
October 2024 in Figures November 1, 2024 The dollar made broad gains against other currencies during October. Equity markets experienced mixed results during the period. Long-term interest rate rises varied in size, and the European Central Bank, which lowered its deposit rate by 25 basis points, was the only monetary authority featured in the table…
The Total Power and Fractal Channel Forex Trading Strategy is designed to simplify your trading process while boosting accuracy. If you’ve ever struggled with deciding when to enter or exit trades, this strategy aims to clear up that confusion by combining two reliable indicators. The Total Power Indicator helps you figure out if the market…
One of the most-unbelievable moments this year (and there have been many already) was a Sunday-night video from Fed Chairman Jerome Powell where he fought back after he was handed a subpoena due to cost overruns in Fed renovations. It was a clear politicization of the Fed and meant to pressure Powell to lower rates,…