Page 68 – Forex

Deutsche Bank: Fed unlikely to cut aggressively (strong growth, persistent inflation)

In a client note Deutsche Bank is cautioning against expectations for significant rate cuts by the Federal Reserve, citing robust economic growth and persistent inflationary …

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November 21, 2024

Cryptocurrency

ICYMI – SEC Chair Gensler to Depart Agency on January 20

November 21, 2024

The US Securities and Exchange Commission announced on Thursday that its Chair, Gary Gensler, will step down from the Commission effective at 12:00 pm on …

Cryptocurrency

Is today the day for Bitcoin 100K? Just $1500 away now

November 21, 2024

The price of bitcoin is stretching to a new high of $98,508 – less than $1500 from the “BITCOIN 100K” hats and t-shirts from coming …

Technical Analysis

USDJPY bounces off 100 bar MA on the 4-hour chart. Can the buyers keep the momentum?

November 21, 2024

The USD/JPY pair moved lower during the morning U.S. session but found support at the rising 100-bar moving average on the 4-hour chart (see lower …

Central Banks

More from Goolsbee: Feels like we are heading to 2% inflation

November 21, 2024

Feel like we’re headed to 2% inflation. Neutral is a long way below where rates are now Fed relies on economic data that is forward-looking …

Technical Analysis

USDCHF moves above converged 100 and 200 hour MAs and rockets higher

November 21, 2024

Earlier today, I posted: USDCHF: The USDCHF held resistance at the 100-hour moving average yesterday (blue line on the chart below), and held support against …

Central Banks

Fed’s Goolsbee: It may make sense to slow pace of interest rate cuts

November 21, 2024

It make sense for the Fed to slow the pace of interest rate cuts as central bank gets close to where rates will settle Over …

Technical Analysis

EURUSD falls to a new 2024 low below 1.04956. The 2023 low at 1.0448 is the next target.

November 21, 2024

The EURUSD is breaking lower, and in the process has moved to a new 2024 low. The old low from last week at 1.04956 has …

Technical Analysis

USDCAD breaks below a cluster of technical levels

November 21, 2024

The USDCAD is moving lower and in the process has broken below a cluster of technical levels including: Upward sloping trendline on the hourly char …

Technical Analysis

NASDAQ index now down over 1% on the day. Russell 2000 maintains its gains

November 21, 2024

There is a shift out of the different major indices today. The Dow industrial average and the Russell 2000 are both trading higher. The rotor …

Central Banks

BOE Mann: BOE should hold rates longer to evaluate persistence

November 21, 2024

BOE Mann (hawk) says: BOE should hold rates longer to evaluate processes Can make larger changes when justified by evidence Waiting for changing underlying inflation …