TrategySherpa

TrategySherpa

The USD increased along with government bond yields across all terms, with the DXY index recovering and continuing to extend its upward momentum to 105.50 in the European session. On the H4 frame, the RSI increased to 80 on Monday, indicating overbought conditions and a possible short-term correction. The pair broke through support at 1.2400, with the 50% Fibo...

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“This is at least the seventh time this cycle that market expectations for a dovish central bank pivot have increased,” Allen wrote in a report. The problem, he continued, is that “expectations of policy change may actually make it less likely, as it eases tough financial conditions while central banks feel need to tighten to reduce inflation." Allen emphasized...

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“The job market is cooling,” Mr. Waller said in a speech in St. Louis. “We see that the balance has returned, particularly between supply and demand.” Mr Waller made his comments after signs emerged that the labor market was cooling. The Bureau of Labor Statistics report showed Friday that nonfarm payrolls increased by 150,000 last month after increasing by a...

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EUR/USD rose sharply to the upper border of the rising price channel over the weekend as the NFP report showed a deterioration in the labor market. EUR/USD closed above 1.0700 over the weekend and is now heading towards 1.0830, approaching the 200-day SMA. However, this upward momentum mainly comes from the weakness of the US dollar. Therefore, if tensions in the...

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The US will remain unchanged for the next 3 meetings with a 40% probability of a 25bps cut at the May meeting, followed by 3 rate cuts during the year. DXY will decrease in the next 3 months Changing expectations have caused short- and long-term government bond yields to decline in the last 4 sessions. The 2-year government bond yield is currently at 4.87%, the...

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U.S. stocks are on track to post their biggest weekly gain this year as investors express optimism that U.S. interest rate hikes will be halted. This also led to higher bond prices and a weaker dollar. The focus now shifts to the US jobs report, which will be released later today. The Federal Reserve's decision to keep interest rates on hold on Wednesday,...

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The US dollar kept falling during the most recent trading session as traders gambled that the US Federal Reserve (Fed) had finished tightening its monetary policy and decided to hold interest rates steady. As a result, the Fed resolved at its policy meeting in November to maintain current interest rates while assessing the financial landscape to gauge its capacity...

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On Thursday, the US dollar saw a correction, with risk-averse Asian currencies leading the gains. Following the Federal Reserve's decision to keep interest rates steady, investors are celebrating the anticipated peak in US interest rates. With interest rate forecasts still high, the focus is now on the Bank of England. Sterling increased 0.3% to $1.2180 and then...

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Thursday is expected to see a stronger opening for European stock markets after Wall Street saw a big increase on mounting expectations that the Federal Reserve has finished raising interest rates. After the US Federal Reserve's most recent policy-setting meeting, investors grew more confident that the next move in US interest rates would be a decrease rather...

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This morning, the USD on the world market dropped sharply in the international payment basket. Specifically, the Dollar-Index - measuring the strength of the USD in a basket of 6 major currencies, reversed and fell 0.69% stronger than the previous session, to 106,150 points.

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EUR/USD fell 0.1% to 1.0562, after data showed prices rose just 2.9% in the euro zone in October, the slowest pace since July 2021. ECB policymaker Joachim Nagel said on Tuesday that the European Central Bank must keep interest rates high enough for long enough as inflation in the euro zone has not been overcome despite a significant decline. told in the past...

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As traders reinforced their wagers that the Fed would stop hiking interest rates, the USD index and dollar index futures both dropped 0.5% in Asian trading, prolonging losses from the previous day. Chairman Jerome Powell adopted a less hawkish posture than markets had anticipated by admitting that monetary conditions had tightened somewhat in recent months, even...

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Japanese Prime Minister Kishida said: The economic stimulus package totals about 17 trillion yen, including tax cuts Supplementary budget to finance the economic stimulus package worth 13.1 trillion yen Will try to pass additional budget one day soon So in the near future will JPY continue to increase?

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The Australian dollar is up 0.70 percent for the day and is reaching session highs. At 0.6432, the pair is getting close to its highest level since October 11 at 0.6445. Bond yield differentials and variations in Fed and RBA policy choices strengthen the AUD: Interest rates between 5.25% to 5.50% will remain unchanged, according to the Fed. On November 7, it is...

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Due to investor demands for compensation for interest rate and geopolitical risks, as well as worries about oversupply as the Fed tightens monetary policy, both the bond and equity markets are volatile. Because of this, the market will be much more interested in the capital mobilization announcement on November 1st, including details about the scope and duration...

TrategySherpa Updated 

Tuesday's opening of European stock markets is anticipated to be higher as investors digest more corporate earnings in advance of the publication of significant growth and inflation data in the area, overshadowing China's dismal activity statistics. While consumer prices are predicted to rise 3.1% annually in October, down from 4.3% the previous month, the gross...

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With the EUR/JPY exchange rate at 160.80, the 2008 peak, and the USD/JPY exchange rate at 150.75, the yen is continuing its downward spiral to a new low throughout the day. This occurred when Tokyo dispelled any rumors that it was still protecting the price by confirming that it did not interfere in the currency markets in October. The BOJ doesn't seem to be...

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The US economy is resilient, as evidenced by new data released on October 31. This is the most recent indication that the US Federal Reserve (Fed) can sustain high interest rates for an extended length of time. As a result, given the substantial rise in wages during the third quarter, US labor costs rose dramatically. After increasing by 1.0% between April and...