XAU/USD continues to face correction risks – TDS
Gold rallied all the way up to $1,920 in the last session of the week. However, strategists at TD Securities note that the yellow metal confronts correction risks. Precious metal space is no longer in a selling mode “Reflecting the narrative that inflation pressures in the US economy are coming under control, following the release […]
The yen is screaming about the risks around the Bank of Japan
I’m shocked at the lack of commentary around next week’s Bank of Japan meeting and how that’s reverberating through markets. The Bank of Japan decision is Wednesday (late Tuesday US time) and the FX market is screaming that risks around it are rising. There have been persistent reports of the BOJ boosting its inflation forecasts […]
Eurozone risks are still tilted to the downside – Credit Agricole
This is via the folks at eFX. For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here. Credit Agricole discusses EUR/USD outlook and maintains a cautious bias over the coming weeks. “The positive […]
FTSE 100 Shakes Off Recession Risks Rising Above 7700
FTSE 100 Talking Points: Recommended by Tammy Da Costa Get Your Free Equities Forecast FTSE 100 Rises to 2018 Levels Despite Rising Risks of a Global Recession FTSE 100 prices continue to track higher, defying the risks of a global recession. With the major UK equity index conquering prior technical hurdles that have remained in […]
Friday action shows where the balance of risks lies
In case you missed the action on Friday: The non-farm payrolls report solidified the narrative that the labour market remains strong and hopes for a soft landing was boosted. The initial reaction was mixed and volatile, with the dollar easing before catching a round of bids as some hints of risk aversion kicked in. In […]
USD hopes for tail risks. Forecast as of 06.01.2023
2023-01-06 2023-01-06 USD hopes for tail risks. Forecast as of 06.01.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Pessimists have dominated Forex in recent years, which is not surprising given the recent events in the global economy and geopolitics. Perhaps 2023 will become a bright beacon of hope. Let’s discuss this topic and make up a trading plan for EURUSD. Quarterly […]
The Benefits and Risks of Liquidity Bridges
Liquidity bridges have gradually morphed in tandem to the evolution of cross-border payments, mainly due to G20’s commitment to establishing a cross-border payment program. As central banks ponder on whether to establish liquidity bridges, here are some highlights on their benefits and their challenges. Bridges can benefit participants due to how they are able to […]