Central Banks More on Ueda remark taken out of context by the market, the report shifted USD/JPY On Friday Justin posted on the misinterpretation of Bank of Japan Governor Ueda remarks that led to to the collapse in USD/JPY on Thursday: No …
Central Banks Federal Open Market Committee (FOMC) preview and outlook further ahead Posted onDecember 11, 2023 Bank of America analyst forecasts for the December Federal Open Market Committee (FOMC) meeting are in line with consensus: Fed to stay on hold and …
Technical Analysis Bearish Reversal Pattern Detected on NASDAQ 100 E-mini Futures Hourly Chart Posted onDecember 11, 2023 Technical Analysis of NASDAQ 100 E-mini Futures Hourly Chart Indicators: RSI: 79.25 EMA 20: 16244.75 Trenlines, specifically showing rising wedge Nasdaq technical analysis for the …
Central Banks PBOC sets USD/ CNY mid-point today at 7.1163 (vs. estimate at 7.1690) Posted onDecember 11, 2023 The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to …
Central Banks PBOC is expected to set the USD/CNY reference rate at 7.1690 – Reuters estimate Posted onDecember 11, 2023 People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting …
Central Banks Bank of England to cut rates faster than expected, says Goldman Sachs Posted onDecember 10, 2023 Via a note from Goldman Sachs over the weekend on their expectations for the Bank of England next year: Bank of England first 25 bp …
Central Banks Reserve Bank of Australia Governor Bullock speaks Tuesday, AssistantGov Jones on Wednesday Posted onDecember 10, 2023 Reserve Bank of Australia Governor Bullock is speaking on Tuesday, 12 December 2023 at 9.20 am Sydney time: 2220 GMT, and 1720 US Eastern time …
Central Banks ECB rate cuts expected in 2024, beginning March, as euro area inflation declines rapidly Posted onDecember 10, 2023 A not via ANZ on their outlook for the ECB, the main summary points: Conditions for European Central Bank rate cuts to be in place …
Central Banks USD/JPY: Solid jobs report, reduced expectations of Fed cut, BOJ pivot, underpinning pair Posted onDecember 10, 2023 A couple of items from Friday to take note of for USD/JPY traders. 1. Expectations of Federal Open Market Committee (FOMC) rate cuts have been …
Central Banks Timiraos: Fed unlikley to talk about rate cuts and perhaps may not for several months Posted onDecember 10, 2023 The Fed decision is on Wednesday and WSJ Fedwatcher Nick Timiraos is out with his latest. Here’s the key passage: Fed officials aren’t likely to …
Forecasts Gold, Silver & Oil Forecast: Commodities Prepare for a Busy Week Posted onDecember 9, 2023 The updated Fed forecast next week can guide the dollar, and by extension, gold prices in the last weeks of 2023 as can the US …