Blackrock’s Rick Rieder has evidently made the long list of Fed candidates and he impressed Scott Bessent, according to a Bloomberg report. I don’t think …
Category: Forex Short News
Yesterday I wrote about the breakout in Tesla shares: At the moment, earnings simply don’t matter and this chart shows a nice looking series of …
Treasury yields are 3-6 basis points higher on the day and that initially gave the US dollar a lift today but it’s fading. The dollar …
Microsoft’s shares are on the run to the upside today after a series of positive catalysts. The company extended its partnership with OpenAI, reinforcing its …
ECB Nagel is saying: More rate cuts could threaten price stability The ECB kept rates unchanged yesterday at their meeting. Overnight, a number of ECB …
The Congressional Budget Office is out with their projections for real GDP, inflation, unemployment, and interest rates. The current projections are compared to January 2025 …
The USDJPY moved higher today, trading back into the topsided swing area that has defined value since early August, between 147.95 and 148.166. The high …
Closing changes on the day: Stoxx 600 -0.1% German DAX -0.1% France CAC -0.1% UK FTSE 100 -0.1% Spain IBEX -0.1% Italy’s FTSE MIB -0.1% …
Gold is testing the top of the daily range. It’s up $15 to $3649 today and perked up following the softer UMich consumer sentiment data. …
The Michigan consumer sentiment report came in weaker than expected, weighing on the dollar and pushing USDCHF lower in the past few hours of trading. …