Fed Minutes Preview – Wednesday, Jan. 3
Jan 03, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pixabay Later today, we’ll get some more insight into the Fed’s December decision which shook things up in a big way after the central bank seemingly bent to the will of the market, moving back to the dovish side, signaling rate cuts over the coming months.Video Length: 00:01:06More By This Author:The Downside To Lower […]
Holiday Moves Continue To Be Unwound
Jan 03, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pixabay Overview: The dollar is firm. Rates are mostly higher and equities are lower. The moves scored in the holiday-thin markets at the end of last year are being unwound. This does not appear complete yet. Geopolitical tensions remain high but do not seem to be having a direct market influence as both gold and […]
GBP/USD Analysis: Bears Attempt To Take Control
Jan 03, 2024
Jeremy Parkinson
Finance, No picture
Yesterday, the pound sterling fell sharply against the US dollar (GBP/USD), dropping to the support level of 1.2610 before stabilizing around 1.2645 at the time of writing. The sell-off came as the US dollar was supported by risk-averse market sentiment. In general, US dollar (USD) exchange rates are rising in cautious trading. Recently, the US […]
Competing Assets: Bitcoin Vs. Gold And Fiat Currencies In The Years Ahead
Jan 03, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Bitcoin, the asset that has shaken up the financial markets over the past few years, has returned to the limelight in the second half of 2023. Coming off the back of a slow return to form after falling to as low as $16,000, talks of BTC and its effect on the currency and […]
Bond Rally Helped Equity Valuations
Jan 03, 2024
Jeremy Parkinson
Finance, No picture
It can fairly be said that the bond market boosted stocks in the last couple of months of the year. Equities have lost their cheapness in recent years, ever since the Fed belatedly became concerned about inflation. TINA became unfashionable as interest rates returned to unfamiliar, reasonable levels.Compared with bonds, stocks are as expensive as […]
GBP/USD Forex Signal: Outlook As US And UK Bond Yields Rebound
Jan 03, 2024
Jeremy Parkinson
Finance, No picture
The GBP/USD pair made a bearish breakout in the past few days. Bullish view Set a buy limit at 1.2600 and add a take-profit at 1.2700. Add a stop-loss at 1.2550. Timeline: 1-2 days. Bearish view Set a sell-stop at 1.2600 and a take-profit at 1.2500. Add a stop-loss at 1.2700. The GBP/USD exchange rate retreated […]
Time For My 2024 Crystal Ball
Jan 03, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash One of the most popular finance games when the New Year comes around is to make forecasts about the upcoming year. Most predictions don’t come to pass—the future is just too darn fickle.However, it is the start of a new year, so I, too, will take a shot at some predictions.Because some things […]
European Stock: Volkswagen AG
Jan 03, 2024
Jeremy Parkinson
Finance, No picture
Company: Volkswagen AGBloomberg ticker: VOW GR, (VWAGY)Market cap: US $65.068BBackground: Volkswagen AG manufactures and sells vehicles. The Company offers economy and luxury automobiles, sports cars, trucks, and commercial vehicles. Volkswagen serves customers worldwide. World Class Benchmarking of Volkswagen AG Profitable Growth rank of 7 was same compared to the prior period’s 7th rank This is below average performance compared […]
USD/JPY Signal: Tries To Recover At This Point
Jan 03, 2024
Jeremy Parkinson
Finance, No picture
At the end of the day, the recent rally in the US dollar against the yen indicates a resurgence of strength. The USD/JPY displayed a significant rally during Tuesday’s trading session, breaching the 142 yen level and signaling renewed vitality. A potential break above the 142.80 yen level could signify the clearance of substantial resistance, […]
Bitcoin And Ethereum: Bitcoin Is Holding Above $45000
Jan 03, 2024
Jeremy Parkinson
Finance, No picture
Bitcoin chart analysisThe price of Bitcoin continues the bullish trend at the beginning of this year. On Monday, we saw the price cross above the EMA50 moving average and strong bullish consolidation from the $42500 to $45922 level. There we encounter resistance and make a pullback to support at the $44650 level. After that, the price is […]