Page 770 – Forex

Lagarde: Rates will remain at sufficiently restrictive levels for as long as necessary

Higher inflation forecasts mainly reflect higher energy Rates will remain at sufficiently restrictive levels for as long as necessary Rates were hiked to ‘reinforce commitment …

By admin

September 14, 2023

Central Banks

Does Lagarde’s press conference even matter after the statement?

September 14, 2023

The euro is down despite a somewhat-surprising rate hike because the statement said: ECB considers that key rates have reached levels that, maintained for a …

Technical Analysis

EURUSD moves lower after ECB raises rates by 25 basis points

September 14, 2023

The EURUSD initially moved higher but fell short of its high for the day after the central bank raise rates by 25 basis points. The …

Central Banks

ECB raises key rates by 25 bps in September monetary policy meeting

September 14, 2023

Prior decision Main refinancing rate 4.50% vs 4.25% expected Prior 4.25% Deposit facility rate 4.00% vs 3.75% expected Prior 3.75% Marginal lending facility 4.75% Prior …

Technical Analysis

The AUD is the strongest and the GBP is the weakest as the NA session begins

September 14, 2023

As the North American session begins, the AUD is the strongest and the GBP is the weakest. The USD is mostly lower. The EURUSD is …

Technical Analysis

Nasdaq Composite Technical Analysis – Consolidation on a key support

September 14, 2023

Yesterday, the US CPI report came basically in line with expectations as the market was already expecting higher energy prices to push up the August …

Sentiment

FTSE 100 IG Client Sentiment: Our data shows traders are now net-short FTSE 100 for the first time since Aug 10, 2023 when FTSE 100 traded near 7,592.80.

September 14, 2023

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bullish contrarian …

Technical Analysis

Dow Jones Technical Analysis – Stuck in a consolidation

September 14, 2023

Yesterday, the US CPI report came basically in line with expectations as the market was already expecting higher energy prices to push up the August …

Central Banks

PBOC cuts RRR by 25 bps, with effect from 15 September

September 14, 2023

The weighed average RRR for financial institutions will be around 7.40% after the latest cut. The central banks adds that it will keep prudent monetary …

Technical Analysis

Gold Technical Analysis – Key resistance in sight

September 14, 2023

The strong US data last week and the continued disinflation as seen in yesterday’s CPI report, keep on weighing on Gold as US real yields …

Technical Analysis

Russell 2000 Technical Analysis – We are at a key support

September 14, 2023

Yesterday, the US CPI report came basically in line with expectations as the market was already expecting higher energy prices to push up the August …