Fed Chair Powell unfazed by recent stock market rout, aggressive policy tightening priced in.
Archiv für den Monat: Januar 2022
Euro Weekly Fundamental Forecast: EUR/USD Slide to Continue
The Euro has taken a beating this week after markets received confirmation of the new hawkish Fed. High impact data next week: GDP, inflation and the ECB rate decision
Gold Price Snaps January Opening Range Amid Detailed Fed Exit Strategy
Fresh data prints coming out of the US may keep the price of gold under pressure as the NFP report is anticipated to show a further improvement in the labor market.
US Dollar Outlook: Hawkish Fed Has Markets Eyeing NFPs, RBA, ECB and BoE
The US Dollar may remain on the offensive next week. The RBA, ECB and BoE may offer hawkish tilts, risking further market volatility. Then, all eyes are on non-farm payrolls.
ForexLive Americas FX news wrap: Dollar stays strong, US equities finish with a fourish
US December core PCE 4.9% vs 4.8% expected
Dallas Fed trimmed mean PCE price index 3.9% annualized versus 4.4% last month
Initial Atlanta Fed GDP tracker for Q1 points to nil growth
NZDUSD down for the 7th consecutive day
Fed’s Kashkari: Long end of the yield curve is signaling
Dallas Fed trimmed mean PCE price index 3.9% annualized versus 4.4% last month
Initial Atlanta Fed GDP tracker for Q1 points to nil growth
NZDUSD down for the 7th consecutive day
Fed’s Kashkari: Long end of the yield curve is signaling
And just like that, the 3 major indices close higher on the week
The 3 major indices (Dow, S&P and Nasdaq) rode a wave of buying higher on the day, closed at the highs and just like that, erased the declines for the week.
The Dow, S&P and Nasdaq each had best day of the new year
Dow and S&P posted their first weekly gain in four weeks
NASDAQ posts i
US stocks climb to the highs of the day
The volatility in equities continues. There was an air pocket in US stocks an hour ago but they’ve quickly rebounded and now the S&P 500 is at the highs of the day, up 64 points to 4390.
Dip buyers can’t get the EURUSD much off the lows. Sellers remain in control into the close.
EURUSD keeps the seller in firm control
The EURUSD is looking to go into the weekend with the bearish bias intact.
Looking at the four hour chart above, the pair fell below the low from 2021 (from November) during yesterday’s trade at 1.11853. The corrective move off of the low today a