If we don’t make a big intraday move on Friday, I suspect we should see the market move more when we come back next week. , The SandP 500 is slightly lower in trading...
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The USD moves sharply higher after the better than expected jobs report
Not so fast. Over the past month, the market has piled on „reversals” on the idea that the Fed will peak at 5% and the economy will turn around. Jobs are a late indicator,...
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USDJPY PRICE ANALYSIS: SUPPORTED AROUND 140.00, AS BULL’S EYE 141.00
USDJPY is poised to end the week up more than 1%. Although USDJPY fell to 137.50, bias remains to the upside. USDJPY Price Analysis: Break below 137.50, decline to 200-DMA immediate; otherwise 100-DMA is...
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S&P 500 Forecast: Slams into a Big Figure Again
I think the market is more likely than not to continue, and between now and Wednesday it may be difficult to navigate. , The S&P 500 rose during the trading session on Friday, as...
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S&P 500 Forecast: Gives Up Early Gain as Mood Turned Sour
Last session’s shooting star signaled that we might see trouble, and now it looks like it’s about to materialize. The SandP 500 E mini contract initially tried to rally during Thursday’s trading, but gave...
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USD/CHF PRICE ANALYSIS: CLIMBS TO FRESH TWO-WEEK HIGHS ABOVE 0.9800
USD/CHF extends its weekly gains to 1.98% after the Fed and SNB monetary policy decisions. The major break above the 0.9600-0.9700 range, registering a fresh weekly high at 0.9851. The USD/CHF path of least...
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Fed’s Barkin: Fed will do what it takes to return inflation to target
Fed will do what it takes to return inflation to target moving inflation to target will not happen immediately starting to see some precautionary softening in business investment Fed’s Barkin is not a voting...
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1 Minute
European equities little changed at the open
Eurostoxx flat Germany DAX +0.1% France CAC 40 +0.1% UK FTSE +0.1% Spain IBEX flat Meanwhile, S&P 500 futures are up 9 points, or 0.2%, with Nasdaq futures up 0.3%. But that comes after...
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Hoy hace un año, Bullard de la Fed hizo un giro agresivo: tenía razón
Mañana se cumple un año desde un pivote agresivo del presidente de la Fed de St. Louis, James Bullard. En ese momento, el mercado lo ignoró porque dice muchas cosas y puede ser un lobo...
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BOJ’s Amamiya: Fed policy decision has no bearings on BOJ policy moves
Hopes that Fed curbs inflation while achieving stable US growth That is important not just for US but for global economy Fed policy decision won’t directly affect BOJ policy moves But could have impact...
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