Chinese yuan leads Asia FX higher in anticipation of Fed meeting By Investing.com
© Reuters. By Ambar Warrick Investing.com — The Chinese yuan rose sharply on Monday as local markets reopened from a week-long holiday, while most other Asian currencies strengthened in anticipation of a Federal Reserve meeting and a slew of economic data releases this week. The rose 0.4%, benefiting from bets that the Lunar New Year […]
What Leads Dollar and S&P 500 to Stop Flirting With Volatility and Break Congestion?
S&P 500, VIX, Dollar, Recession and Earnings Talking Points: The Market Perspective: S&P 500 Eminis Bearish Below 3,900; USDJPY Bullish Above 127.00 Despite some provocative event risk (China GDP, BOJ decision) and some bouts of acute volatility (USDJPY, S&P 500), the broader market avoided conviction As the benchmark US index teases another 200-day SMA break […]
Dismal December Retail Sales Leads Cable Lower
GBP/USD News and Analysis Disappointing retail sales during a strike affected December poses concerns for shoppers GBP/USD eases after the report, heading into the weekend looking for support at 1.2300 Attention turns to next week with the first look at US GDP and PCE inflation data, UK PMIs too The analysis in this article makes […]