ICYMI – Deutsche Bank forecast 3 European Central Bank rate cuts in 2024
Deutsche Bank has scaled back its expectations for ECB interest rate cuts in 2024 to three, from previously projecting five: expect 3 25bp rate cuts this year “We are updating…
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More on the wave of CTA selling forecast by Goldman Sachs
I posted this from Goldman Sachs: Goldman Sachs warns trend following hedge funds could sell up to US$42bn over next month Similarly, Bank of America are highlighting the potential for…
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New Zealand March services PMI plummets back into contraction at 47.5 (prior 53.0)
more to come This article was written by Eamonn Sheridan at www.forexlive.com. Source link
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Bitcoin plunges on Middle East war fears
Bitcoin intraday It would be havoc right now if markets were open and it might yet be when they open in less than 24 hours. Bitcoin is down more than…
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Forexlive Americas FX news wrap: BIg moves and big angst in the Middle East
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide…
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Bank of America expects a December Federal Reserve rate cut (previoulsy were tipping June)
Economists at Bank of America have revised their projection for a Federal Open Market Committee (FOMC) rate cut, citing the, you guessed it, hotter-than-expected CPI data for March. BoA were…
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US Dollar Soars after US CPI Data; USD/JPY Stages Bullish Breakout. What Now?
Most Read: US Inflation Jumps, Rate Cut Expectations Pared Back Sharply, Gold Slides The U.S. dollar rallied vigorously on Wednesday, fueled by hotter-than-expected U.S. inflation numbers. This upswing propelled USD/JPY…
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Strategies to Trade USD FX Pairs and Gold
Most Read: The Federal Reserve Bank: A Forex Trader’s Guide The Federal Open Market Committee (FOMC) minutes, released a few weeks after each policy meeting, offer traders valuable insights into…
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Top 10 Trading Strategies for Different Market Conditions
Most Read: US Dollar on Defense Before Key US CPI Data – Setups on EUR/USD & USD/JPY EUR/USD, the most heavily traded currency pair in the forex market, provides a…
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Gold, US Dollar, Euro, Pound Sterling
The week ahead presents many ‘high importance’ risk events ranging from US CPI data to central bank decisions in Canada, New Zealand and the European Union. The FOMC minutes of…
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