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Major US indices all turn into positive territory

November 28, 2023

The major US indices are all in positive territory now with the gains led by the Dow industrial average (+0.34%). A snapshot of the market …

Technical Analysis

AUDUSD Breakout: Bulls gain control as price surges above key levels

November 28, 2023

The AUDUSD broke above it 38.2% retracement of the 2023 trading range as 0.66087, and in doing so increase the bullish bias from a technical …

Central Banks

Fed’s Bowman says she favors hiking rates if progress on inflation stalls

November 28, 2023

Says she favors hiking if inflation progress stalls This sounds hawkish at first but note that it’s incrementally dovish because she previously said that rates …

Central Banks

Fed’s Goolsbee: Overall, we have made good progress on inflation

November 28, 2023

There isn’t much on monetary policy from Goolsbee in brief welcoming remarks at an agricultural conference. “Food price inflation has been well-above levels comfortable for …

Central Banks

Feds Waller: Increasingly confident policy is well-positioned to slow economy

November 28, 2023

Need some improvement in services inflation X housing for overall inflation to reach 2%. Increasingly confident policy is well-positioned to slow economy, get inflation back …

Technical Analysis

Maximize low risk trading opportunities in USDCHF with these expert tips

November 28, 2023

The USDCHF is keeping a bearish bias in trading this week with most of the price action through the 1st 2 trading days below its …

Technical Analysis

EURUSD, GBPUSD, and USDJPY: Technical Analysis and Trading Opportunities

November 28, 2023

As North American trading gets underway, the trading ranges for the EURUSD and GBPUSD are very narrow. There is room to roam and the topside …

Central Banks

BOE’s Haskel: Jobs market tightness means higher rates for longer

November 28, 2023

Labour market tightness continues to impart inflation pressures This will need higher rates for longer to get inflation sustainably to target Current outlook does not …