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Fed’s Goolsbee: Haven’t seen a recession and I’m hopeful we can avoid one

October 19, 2023

The US labor market has eased but is still strong Goolsbee is participating in a moderated panel. Given that we’ve heard from the Chair, I …

Central Banks

Q&A from Fed Powell: Economy is very resilient and growing strongly

October 19, 2023

Economy is very resilient, growing strongly Growth is running above its longer run trend. That is a surprise Economy is a story of stronger demand. …

Central Banks

How ChatGPT parsed the speech from Fed Powell

October 19, 2023

QUESTION: Put the fed Chair comments in bulleted topics with inflation, economy, employment, fed policy and “other” as the focus Recent Economic Data: Ongoing progress …

Central Banks

Fed’s Powell: FOMC is ‘proceeding carefully’

October 19, 2023

More evidence of above-trend growth or that the labor market is no longer easing, could warrant further hikes Extent of additional firming and how long …

Technical Analysis

What levels are in play for EURUSD, USDJPY and the Nasdaq index ahead of Fed Powell

October 19, 2023

As the market prepares for the Fed chair speech in front of the New York Economic Club at 12 noon, the price action of the …

Technical Analysis

USDCAD steps higher and in the process finds the next upside target area and stalls.

October 19, 2023

The USDCAD experienced an upward move yesterday, surpassing a significant swing area range spanning from 1.3687 to 1.3700. This ascent led the price into another …

Technical Analysis

Sellers in USDCHF take the price back below retracement target giving sellers some hope.

October 19, 2023

The USD/CHF pair initially rose today, testing a critical zone between 0.8982 and the psychologically significant level of 0.9000. However, sellers stepped in at the …