Page 751 – Forex

Lower than expected UK CPI data, Bank of England policy decision today now close to 50/50

UK inflation data came in below the median estimate on Wednesday: UK August CPI +6.7% vs +7.0% y/y expected A one and done case for …

By admin

September 20, 2023

Central Banks

Japan’s PM Kishida says economic package will include measures to counter inflation

September 20, 2023

Japanese PM Kishida is currently in New York, speaking from there. He says he’ll be having folks put together the ‘pillars’ of an economic package …

Central Banks

Former RBA Governor says changes to be made at the Bank are a disaster, “very bad policy”

September 20, 2023

Well-respected former Reserve Bank of Australia Governor Ian Macfarlane is very concerned about the changes being made at the Bank in response to the ‘review’. …

Central Banks

Vanguard says the Federal Open Market Committee (FOMC) may need to hike rates 3 more times

September 20, 2023

Vanguard manages circa USD8.1 tln in mutual funds. Prior to this week’s FOMC meeting its chief global economist and head of the Vanguard Investment Strategy …

Central Banks

Hedge fund CEO Jeffrey Gundlach says this is one of the best Fed decisions in a while

September 20, 2023

Gundlach is the founder of DoubleLine Capital, some remarks crossed the news wires in response to the Federal Open Market Committee (FOMC) decisions today. This …

Central Banks

USD/JPY cracks to a fresh 2023 high above 148.25 on higher for longer Federal Reserve

September 20, 2023

Japanese authorities are quick to tell us that they want the yen FX rate to reflect fundamentals. Well, it doesn’t get much more fundamental than …

Central Banks

Trade ideas thread – Thursday, 21 September 2023 – Higher for longer edition

September 20, 2023

If you have any trade ideas after the higher for longer lead into the session: A summary of the Fed Chair Q&A comments by topic …

Trading Education

The South African Reserve Bank: A Trader’s Guide

September 20, 2023

The South African Reserve Bank MPC Meeting is tomorrow where the Central Bank is largely expected to keep rates steady. Given all the intrigue locally …

Technical Analysis

EURUSD cracks below 100 hour MA at 1.06748

September 20, 2023

The EURUSD has moved to a new low for the day, and in the process, the price has moved below the 100-hour moving average 1.06748. …

Central Banks

A summary of the Fed Chair Q&A comments by topic

September 20, 2023

Employment/Labor Market: Labor market remains tight. Labor supply and demand are moving towards a better balance. Labor demand still exceeds supply. Expects labor market rebalancing …

Central Banks

Highlights from the Fed Chair Powells press conference after September rate decision

September 20, 2023

Pre-QA comments from chair Powell: Fed is squarely focused on dual mandate Fed has covered a lot of ground, full of facts have yet to …