Recent remarks made by Masato Kanda, Japan's vice-finance minister for international affairs, have led to heightened cautiousness regarding potential actions by authorities to support the yen through intervention. The USD/JPY has comfortably surpassed the 150.000 threshold, which historically has prompting interventions by the Bank of Japan to limit the weakness...
I'm looking for the FED to stick with the dovish sentiment and for EURUSD to grab liquidity above us, if we get some new hawkish FED news/numbers we will most likely head down and sweep liquidity around 107.9 and lower
The Japanese yen is showing limited movement on Monday. In the North American session, USD/JPY is trading at 151.25, down 0.13%. Last week’s Bank of Japan was dramatic as the central bank raised interest rates for the first time since 2007. The move did not catch the markets completely by surprise, as some media reports ahead of the meeting said the BoJ would...
Throughout US economic history Only high real rates has brought down inflation i.e Interest rates ABOVE the rate of inflation obviously this will induce demand destruction and a decline in the earnings of companies Lower p/e's and lower prices across the board. #FinancialRESET #HOUSING #Nasdaq
Resumption of the rate up to 151.00 and rebound of the US Dollar: The US Dollar has shown a recovery, bringing the USD/JPY rate back up to 151.00. This suggests an increase in demand for US Dollars compared to the Japanese Yen, which could be influenced by a range of economic and geopolitical factors. Upward revision of US economic outlook: The upward revision of...
The Swiss franc has tumbled on Thursday after the Swiss National Bank lowered interest rates. In the North American session, USD/CHF is trading at 0.8987, up 1.35% on the day. Earlier, the Swiss franc fell as low as 0.8994, its lowest level since November 23. There has been plenty of speculation as to when the Fed and other major central banks will lower interest...
Yesterday’s FOMC meeting ended as widely anticipated, with no change to monetary policy. During the press conference, the FED’s chairman reiterated the central bank’s commitment to bringing inflation under control and outlined a strong economy and tight labor market. Jerome Powell also described inflation as being on a downward trajectory and explained the need to...
Preferred direction: BUY Comment: After the Fed meeting , the pound, like most majors, strengthened its position and in the near future, this trend is likely to continue. Of course, surprises from the Bank of England today cannot be ruled out, so the focus on the British currency today is the greatest. It is unlikely that the regulator will suddenly lower...
Preferred direction: BUY Comment: As we expected, the Fed nevertheless served as a catalyst for the start of a correction in the American currency . All long trades on the EURUSD currency pair are closed, but despite this, we continue to adhere to the buy priority. At the moment, we also have two scenarios in our arsenal, where scenario №1 assumes...
Preferred direction: BUY Comment: Before the Fed meeting on gold, we activated scenario №1 , which we published at the beginning of the week. Here, the long-trade was executed from the level of 2150 . This support is a limit area for long-player, but no one has canceled its break down, and the likelihood of this saves. Just for this, we have scenario №2 ,...
Preferred direction: BUY Comment: The British currency , just like the euro , saves all the parameters of a long trade that we gave at the beginning of the week. The likely drawdown may be down to the level of 1.26000 , according to scenario №2 . However, scenario №1 is already active. It is preferable to consider the entry method "step-by-step", that...
Preferred direction: BUY Comment: The main event of the week will take place today, namely the Fed meeting and the decision on the interest rate. However, market participants will be most interested in the FOMC commentary and the press conference to find out the future prospects for US monetary policy. Regarding the EURUSD currency pair, we completely...
Preferred direction: BUY Comment: Metals are still saved a strong buy priority in the long-term view, but also over a shorter distance, the buyer is likely to show their strength. Growth above 2200 is not being considered for gold . We are not changing our previous setup at the moment, that is, both scenarios are saved. At the moment, scenario №1 is...
The US Federal Reserve has kept interest rates steady at 5.25%-5.50% while continuing its balance sheet reduction as planned since May 2023. In contrast, the Bank of Mexico (Banxico) might announce a rate cut tomorrow. It's anticipated that Banxico could decrease its interest rate from 11.25% to 11%, potentially applying pressure on the Mexican peso. This...
Gold prices fell late in the North American session on Tuesday amid a strong US Dollar but despite falling US Treasury bond yields. Market participants await the US Federal Reserve’s (Fed) monetary policy announcement on Wednesday, followed by a press conference by Fed Chair Jerome Powell. Meanwhile, XAU/USD prices are set to remain near $2,150 as traders remain...
The KOG REPORT – FOMC This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in...
The market's recent rally (indices are up 25% since November!) feels frustrating. It doesn't seem to reflect the economic realities we're facing. Inflation is cooling, but it's still above targets. The labor market is strong, which might seem good, but it could be unsustainable with high interest rates. We're seeing layoffs, which contradicts the market's...
Jerome Powell lied to say he raised rates due to "Inflation", this was a great cover however he clearly saw the USDJPY crisis coming like I saw from last year. (Inverted Charts) The DXY Rising + the USDJPY rising will unwind the carry trade that will sell off the majority of people holding US bonds via Japan. This will force the FED to initiate YCC...