Central Banks Fed’s Jefferson: Fed decisions will be meeting by meeting Posted onOctober 9, 2024 Fed’s Jeffereson did NOT FAIL to disappoint, when the only headline from his speaking engagement was a remark repeated from Tuesday: Fed decisions will be …
Central Banks Fed’s Barkin and Jefferson are due to speak Posted onOctober 9, 2024 Ahead of the FOMC meeting minutes later it’s afternoon at 2 PM, Richard Fed Pres. Barkin was scheduled to give the opening remarks at an …
Central Banks Atlanta Fed GDPNow growth estimate for Q3 unchanged at 3.2% Posted onOctober 9, 2024 The Atlanta Fed GDPNow growth estimate for Q3 is unchanged at 3.2%. In their own words: The GDPNow model estimate for real GDP growth (seasonally …
Technical Analysis NASDAQ index within 2% of it’s all time high closing level Posted onOctober 9, 2024 The NASDAQ index is now trading up over 113 points or 0.62% at 18295.69. The high price reached 18299.22. That has taken the price within …
Technical Analysis EURUSD extends to a new low and stretches toward the 100 day MA Posted onOctober 9, 2024 The EURUSD has moved to a new session low, and in the process, the pair moved to a new low going back to August 13 …
Central Banks BofA: 4 reasons why we expect the ECB will cut rates much further than the consensus Posted onOctober 9, 2024 BofA believes the ECB will cut rates more aggressively than currently priced in by the market, citing four key reasons for this outlook. Key Points: …
Technical Analysis Sellers in the AUDUSD are looking to increase the bearish bias. What does that look like? Posted onOctober 9, 2024 The AUDUSD is moving lower after testing a key resistance area between 0.67429 and 0.6760. Sellers leaned against the high of that swing area and …
Technical Analysis USDCAD buyers making a play with a break above and away from 100 day moving average Posted onOctober 9, 2024 The USDCAD extended above its 100-day moving average yesterday, but by the end of the day was trading back below that he moving average level …
Technical Analysis Now that the USDCHF has broken higher, can the buyers keep the run going?Key targets ahead Posted onOctober 9, 2024 The USDCHF broke higher after the stronger than expected US jobs report on Friday. The break took the price above the high of the “Red …
Central Banks Fed’s Logan: A ‘more gradual’ path on rate cuts likely appropriate from here Posted onOctober 9, 2024 Upside risks to inflation mean Fed should not rush to reduce rates I continue to see a meaningful risk inflation could get stuck above target …
Technical Analysis The kickstart video for Oct 9 looks at the technicals that drive the three major FX pairs Posted onOctober 9, 2024 IN the kickstart video above for October 9, I take a look at three the major currency pairs, the EURUSD, USDJPY and GBPUSD. As a …