Sage Investment Club

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 […]

US Data Surprises Helps the USD to Stage Mini-Rebound

Currency markets continue to remain in a relative equilibrium with FX majors fluctuating in fairly narrow ranges. US broad equity indices also lack direction, the key benchmark of the market, S&P 500, after two mini-selloffs to 3900 and 3960 in January, remains tied to the level of 4000 points. Oil (WTI benchmark) has been rising […]