If you read my most recent DXY analysis posted in the page, you will see the reasons I am bullish on the dollar for the next couple of weeks. But what goes around comes around soon after.
The ECB rate hike cycle is about 6 months behind the Fed. So what we are seeing now with the market is they are only focusing on Fed policy for FX, which as their cycle...
Quiet week for markets, but we cannot say the same for some Federal Reserve Presidents coming on stage and give us their their thoughts on the banking situation, inflation, and upcoming FOMC Meetings. In a matter of a week Fed Presidents Barr, Barkin, Collins, Kashkari, Williams, Cook, and Waller all spoke, and rates traders were definitely listening.
In a...
rates between RBNZ and FED are essentially equal. NZD does have a boost going for them with commodity and exports potentially rising as China reopens. This scenario is totally based on technicals and not fundamentals. Would love for it to reach the 50% of my bullish order block to take out the highs before dropping to fair value gap.
Again, only based on...
With 50bps from ECB and 25 from FED, the rates differential between the two central banks should narrow every so slightly. Furthermore, monthly timeframe we are seeing a breaker where price has not been able to close confidently below the midpoint (1.05682). Most ideal scenario in my book is a dip before engaging long on next weeks open.
