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The Fed Caves To Inflation

The Fed Caves To Inflation

Image Source: Unsplash  The FOMC meeting revealed the Fed is more than willing to let inflation run higher for longer, which probably means higher long-term rates and a stronger US Dollar.Video Length: 00:09:10More By This Author:Stocks Trade Higher As Implied Volatility Melts, As Expected The VIX Falls Ahead Of OpEx And The FOMC Meeting The Market […]
Central Bank Of Turkey Responds Sharply To Deteriorating Inflation Outlook

Central Bank Of Turkey Responds Sharply To Deteriorating Inflation Outlook

Image Source: Pexels  Following the stronger-than-expected inflation and recent FX pressures, the Central Bank of Turkey (CBT) hiked its policy rate by 500bp to 50% and announced a large set of macro-prudential measures and significant efforts to mop up excess TRY liquidity. These moves will likely further ease concerns about the CBT’s disinflation priority.The CBT hiked the policy rate (1-week […]
Analytical Overview Of The Main Currency Pairs – Thursday, March 21

Analytical Overview Of The Main Currency Pairs – Thursday, March 21

Image Source: Pexels  The EUR/USD currency pairTechnical indicators of the currency pair: Prev Open: 1.0865 Prev Close: 1.0920 % chg. over the last day: +0.50 % The US dollar gave up early gains on Wednesday and moved lower after the results of the FOMC meeting showed that policymakers maintained their forecast of a 75 bps interest rate cut this year. […]
AUD/USD Falls Back To Lows Of The Day After Release Of US Data

AUD/USD Falls Back To Lows Of The Day After Release Of US Data

AUD/USD declines back down to the 0.6580s.  Aussie employment data and Fed meeting outcome had boosted the pair early on Thursday.  Upbeat US data saw AUD/USD fall back down, however, during the US session.  AUD/USD trades back down at the lows of the day, during the US session on Thursday, after a batch of relatively […]
BoJ’s Historic Rate Hike & ECB’s Cut Signals Shake EUR/JPY

BoJ’s Historic Rate Hike & ECB’s Cut Signals Shake EUR/JPY

 Image Source: Pixabay   Bank of Japan’s rate hike raises prospects of further tightening European Central Bank hints at potential rate cuts Key economic indicators to drive EUR/JPY movements During the early European trading hours on Thursday, the EUR/JPY cross is trading with a slight softness, just above the 165.00 level. This subtle downtick finds its roots […]
Sensex Today Rallies 540 Points; Hitachi Energy Surges 11%

Sensex Today Rallies 540 Points; Hitachi Energy Surges 11%

After opening the day on a positive note, Indian share markets gained momentum as the session progressed and ended on a firm footing.The Nifty 50 and the Sensex, key indices of the Indian stock market, opened on a positive note and surged by over 1%. The majority of components within these indices showed gains, reflecting […]
The United States Enters Into Stagflation: Gold Breaks New Records

The United States Enters Into Stagflation: Gold Breaks New Records

The new wave of inflation that we have been deciphering in our articles over the past few weeks has not been accompanied this time by a marked improvement in the US economy.The latest retail sales figures are disappointing. Whereas the first wave of inflation was accompanied by a surge in retail sales, the current figures […]
Continuing Jobless Claims Revised Down For 20th Straight Week

Continuing Jobless Claims Revised Down For 20th Straight Week

As a reminder, in the real world labor market, 2024 has been a shitshow of layoffs… 1. Everybuddy: 100% of workforce 2. Wisense: 100% of workforce 3. CodeSee: 100% of workforce 4. Twig: 100% of workforce 5. Twitch: 35% of workforce 6. Roomba: 31% of workforce 7. Bumble: 30% of workforce 8. Farfetch: 25% of workforce […]
Ethereum, Is The Pullback Over?

Ethereum, Is The Pullback Over?

Ethereum bulls are trying hard to stay above the $3500 round number, catalyzing the Fed’s dovish commentary.Yesterday Fed decided to leave the interest rates intact at 5.25%-5.5% while maintaining their plan for three interest rates cuts in 2024 (four cuts were planned in December 2023, based on the median forecast).Fed’s Chairman Jerome Powell indicated that […]
USDJPY Retreats: Uptrend Taking A Breather Or Shifting Gears?

USDJPY Retreats: Uptrend Taking A Breather Or Shifting Gears?

USDJPY has encountered a hurdle after a strong surge, dipping from its recent high. This analysis examines the technical situation and explores potential scenarios for the currency pair. Bulls Meet Resistance: Pullback from Highs: USDJPY has seen a correction, pulling back from a high of 151.81 to reach as low as 150.26.   Support in Sight: […]