Interest rate differentials point to a higher EUR/USD – Nordea
EUR/USD came briefly above 1.10 this week before falling to just below 1.09 today. Economists at Nordea note that the rate differentials continue to point toward a higher EUR/USD ahead. EUR/USD to move about sideways in the near term “Given that the ECB has had room for more positive rate surprises than the Fed, a […]
US Secretary of State point can cancel his trip to China
US Secretary of State Anthony Blinken is postponing his trip to China Presence of a balloon in US airspace is a clear violation of US sovereignty US directly communicating with China through multiple levels once balloon was detected Unacceptable that balloon incident has taken place. US believes in the policy to responsibly manage US China […]
What is Pivot Point in Forex | Pivot Trading Indicator
2023.01.26 2023.01.26 Best way of using Forex pivot point indicator in trading Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ One of the essential things in successful trading is the ability to identify the key support and resistance levels and determine the pivotal points where the overall trend is likely to reverse. A good way to calculate important psychological levels is […]
Feds Waller: Supports 25 basis point hikes. See’s encouraging signs of wage moderation
> Feds Waller: Supports 25 basis point hikes. See’s encouraging signs of wage moderation Favors a 25 basis point rate hike at the upcoming meeting and continued policy tightening beyond that We have made progress is still considerable way to go toward 2% inflation goal By early December that the policy stance was a slightly […]
ECB's Holzmann: I expect multiple rate hikes of 50 basis point at least in the 1H of 2023
<p>ECBs Holzmann is speaking to Austrian newspaper Die Presse and says:</p><ul><li>I expect multiple rate hikes of 50 basis points, at least in the 1H of 2023</li><li>Core inflation is above 5%, which is 2 1/2 times our target</li><li>there could be rate hikes if headline inflation has fallen significantly, but core inflation has not.</li><li>I am reluctant to […]
One data point at a time is the mode in the market
The market has an interesting way of making the dark moments darker and the bright moments brighter. A few days ago, the soft landing talk was everywhere and then suddenly the reversal yesterday highlighted the multitude of risks around a hard landing, crumbling margins and consumer spending stalling. Those worries have continued today with S&P […]
The Week Ahead – Turning point?
USDJPY falters over Japan’s rising inflation The Japanese yen extended gains as accelerating inflation may pressure the BoJ to act soon. One of the major themes of 2023 could be Japan finally normalising its monetary policy. Consumer prices have been rising steadily nationwide, with the latest CPI in Tokyo reaching 4%, above the central bank’s […]
Pick The ‘Perfect’ Trade Entry Point For Lower Risk & Higher Reward » Learn To Trade The Market
The ideal trade entry is one that allows for good stop loss placement and a substantial risk / reward potential. Easier said than done, right? Well, maybe not. Whilst these “perfect” trade entries may not be frequent, it doesn’t mean they are “hard” to spot. It just takes some training combined with screen time to […]