In this video I cover the divergence between the 2 and 10 year treasuries and the recent FOMC press conference language. Jerome Powell is promising one thing (continued rate increases), while the bond market seems to be claiming otherwise (Fed pause incoming). Who's right? Let's take a closer look.
Traders,
Why $18,415? Where did I get that level of support from? Will it hold? Is it time to DCA? And why am I only trading in USDC/BTC pairs now? All of these questions and more will be answered in this episode of my crypto market update.
- Stew
The EURO is likely to strengthen against the Canadian Dollar as the European Central Bank signals interest rates are going up in July and September, to move the overnight cash rate from -0.50% to 0.00%.
The reason the EURO will strengthen is down to the fact that interest rate differentials will narrow from the market's previous expectation, so investors who are...
Happy Monday Everyone! 😃
Thanks for stopping by for another BTC update!
This time I look at the Bitcoin charts on multile TFs, but also at some very influencial geo political news concerning the Russia/Ukraine conflict, and finally news from the Feds about the future of the interest rates.
I would also like to send well wishes to anyone that is affected by the...
