WSJ Fed insider says its Open Market Committee (FOMC) preparing a 25bp rate hike next week
A weekend piece from Nick Timiraos in the Wall Street Journal. Says Federal Reserve officials are preparing to slow down from a 50bp rate hike in December to 25bp this time around (the meeting is January 31/February 1). And that further debate at the Federal Open Market Committee (FOMC) will centre on when to ‘paude’ […]
Market Screener for MT4 and for MT5 – Analytics & Forecasts – 22 January 2023
This is a screener that allows to identify assets that are more than usually overbought (% growth)or oversold (% fall) within a selected period of time (time frame). The market is ruled by the law, buy cheaper, sell more expensive, but without an automatic scanner it is very difficult to identify assets overbought or oversold, say, within the current […]
Forexlive Americas FX news wrap: Fed’s Waller gives the market a boost to end the week
There was little in the way of economic data today, but there was some final Fedspeak to end the week. It also would the last opportunity for Fed officials to speak ahead of their blackout period before the Fed meeting and decision on February. Fed’s George and Waller were both speaking. George is not a […]
These money and investing tips can help you spot a bear in bull’s clothing
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly!INVESTING NEWS & TRENDSDeferred annuities are better deals than immediate annuities A better way of securing a guaranteed lifetime income. Read More Any way you slice it, the bears control the stock market […]
WEF Davos and the Forex Market: Insights for Potential Gains in Q1
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Market Spotlight: State Street Earnings in Focus Today
State Street Up NextUS earnings season rolls on today with State Street among the big names reporting. On the back of mixed results from financial earlier in the week (Morgan Stanley beat estimates, Goldman Sachs missed estimates), traders will now be looking to see which side of the line State Street falls on. The bank […]
Daily Market Outlook, January 20, 2023
Daily Market Outlook, January 20, 2023 Chinese Market Head Into Lunar New Year Near Bull Market TerritoryAsian equities close out the week on a firm footing as Chinese investors wind down ahead of next week’s lunar new year holiday. Western markets remained subdued as FOMC vice chair Brainard, deemed to be in the dovish camp, made […]
Intraday Market Analysis – AUD seeks support
AUDUSD falls back The Australian dollar softened after an uptick in December’s unemployment rate. A cut through 0.6940 has invalidated this demand zone, elbowing the bulls to the side. This left a shooting star on the daily chart, which may foreshadow a U-turn. 0.6820 near the base of a previous bullish breakout […]
Market Update – January 20 – USD Wallows, Stocks Weaker, Japanese Inflation at 41-year high
Better US data (Unemployment Claims & Philly Fed Manu Index) could not lift the USD (USDIndex under 102.00) & Wall St. (-0.76% to -0.96%). US hit its latest debt ceiling ($31.4 trillion) as Republicans try to rein in Biden’s spending. Potential default postponed until June 5. More Hawkish comments from […]
USD/CAD eyes the first weekly gain in five on upbeat options market signals
USD/CAD remains indecisive on a day while taking rounds to 1.3460-50 during early Friday. Even so, the Loonie pair braces for the first weekly gain in five amid upbeat signals from the options market. That said, a one-month risk reversal (RR) of the USD/CAD pair, a ratio of call options versus put options, also known […]