The Paul Volcker Narrative Imagines an Economy That Doesn’t Exist, and That Never Has
The Chinese government forbids foreign ownership of a broad range of Chinese businesses, including those that run websites. Despite this, despite endless rules meant to repel foreign capital migrating to China, investment inevitably finds good ideas such that China’s modern prosperity has to a high degree been financed by U.S. investors. This truth came to […]
AI Paves the Way for CBDCs and a ‘Scary as Hell’ Future, How to Protect Yourself: Frank Giustra
Frank Giustra, CEO of the Fiore Group and Founder of Lionsgate Entertainment, discusses how the Ukraine war is hastening a global monetary reset, with the BRICS seeking an alternative to the U.S. dollar in international trade. He also talks about the threat that artificial intelligence holds for jobs, and why AI and CBDCs could combine […]
Swedish crown gains on central bank forecast for more hikes, softer dollar By Reuters
© Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Alun John LONDON (Reuters) – The Swedish crown rallied on Thursday after the country’s central bank raised interest rates and forecast further tightening, while the dollar weakened against most other currencies alongside positive […]
RBA Shielding Aussie Dollar Against Hawkish Fed
AUD/USD ANALYSIS & TALKING POINTS Two hawkish central banks (RBA and Fed) battle it out. U.S. jobless claims in focus later today. AUD/USD sandwiched between 0.69 and 0.70 respectively. Recommended by Warren Venketas Get Your Free AUD Forecast AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling […]
US Dollar Takes a Breather after Fed Hawks Boosted it. Will USD/JPY Climb Again?
US Dollar, USD/JPY, AUD, NZD, Fed, China, Crude Oil, Gold – Talking Points US Dollar resumed strengthening but softens in Asian trade The Fed reminded markets of their intention and equities responded If China’s reopening goes smoothly, will the USD be impacted? Recommended by Daniel McCarthy Forex for Beginners The US dollar is slightly weaker […]
Canadian dollar to rise later in 2023 on more favorable global outlook: Reuters poll By Reuters
© Reuters. FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto January 23, 2015. REUTERS/Mark Blinch By Fergal Smith TORONTO (Reuters) – The Canadian dollar is set to rise later this year as the global economic outlook turns more favorable for commodity-linked currencies and […]
US Dollar (DXY) Rattled by a Slightly Less Hawkish Fed Chair Powell
US Dollar (DXY) Price and Chart Analysis The US dollar slips after the Fed chair dials back on the hawkish narrative. S&P 500 and the Nasdaq 100 are within touching distance of new multi-week highs. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe […]
US dollar: no surprises. Forecast as of 08.02.2023
2023.02.08 2023.02.08 US dollar: no surprises. Forecast as of 08.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Those investors who expected to see a link between a strong US jobs report for January and an additional increase in rates in Jerome Powell’s speech had to exit trades. How did this affect EURUSD? Let’s discuss this topic and make up a trading […]
Dollar weakens; Powell declines to push back on easing expectations By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Wednesday, retreating after a relatively dovish speech from Fed chair Jerome Powell raised hopes the central bank may soon ease monetary policy. At 03:10 ET (08:10 GMT), the , which tracks the greenback against a basket of six other […]
Crude Oli Hold the High Ground on US Dollar Weakness. Will WTI go Higher?
Crude Oil, WTI, Brent, US Dollar, API, Turkey, Norway, Powell, Kashkari – Talking Points Crude oil lifted as the US Dollar fell on hopes of a less hawkish Fed Fed Chair Powell reaffirmed higher rates, but equities and currencies don’t care If the Fed raises rates as they say they will, where will WTI go? […]