Share: The Norges Bank was a leader in terms of policy tightening, beginning back in September 2021. Economists at CIBC Capital Bank see rates peaking at the end of the year. One last hike for the Norges Bank? Having hiked rates on 13 occasions, the Norges Bank remains biased towards an additional 25
Euro News and Price Action Setups Recommended by Richard Snow Get Your Free EUR Forecast Lack of EU Data and Plenty Fed Speak Could Challenge Euro Upside A distinct lack of EU-focused data this week has left the euro with few local drivers but despite this, EUR/USD shows resilience in the face of rising US
Rising expectations of further interest rate hikes, and the belief that the Fed will keep rates elevated for an extended period of time, have proven to be important supports for the Dollar’s strength in August-October. Fed Chairman Jerome Powell said on Thursday, that various uncertainties, both old and new, make it difficult for the Fed
US stocks are closing the session at the lows with the Nasdaq index leading the way. The final numbers are showing: Dow industrial average -286.91 points or -0.86% at 33127.27 S&P index -53.84 points or -1.26% at 4224.15 NASDAQ index is down -202.38 points or -1.53% at 12983.80 For the trading week, the NASDAQ fell
GOLD OUTLOOK & ANALYSIS Declining real yields and souring risk sentiment supports gold. Fed speakers to come later today as markets mull over Powell speech. Can overbought XAU/USD push higher? Elevate your trading skills and gain a competitive edge. Get your hands on the Gold Q4 outlook today for exclusive insights into key market catalysts
© Reuters. Investing.com– Most Asian currencies were muted on Thursday, nursing steep overnight losses as the dollar firmed tracking a spike in Treasury yields before a closely-watched address by Federal Reserve Chair Jerome Powell. Sentiment remained frail amid little signs of deescalation in the Israel-Hamas war, which kept traders wary of risk-driven assets. This was
Share: Mexican Peso stays defensive, posting over 1% weekly loss vs. the US Dollar. August Retail Sales in Mexico show a mixed picture, with gains over the year but a monthly plunge and signs of deceleration. Geopolitical risks cap Peso’s gains, including tensions in the Middle East and US military base attacks. Mexican
Bitcoin (BTC) Prices, Charts, and Analysis: Bitcoin has rallied 10% this week (low-to-high) on ETF hopes. The 200-day simple moving average has turned from resistance to support. Recommended by Nick Cawley Get Your Free Introduction To Cryptocurrency Trading The growing belief that a spot Bitcoin ETF is a matter of when not if, is pushing
Global stock markets experienced a decline due to increased volatility resulting from escalating tensions in the Middle East, compounded by Fed Powell’s statement which added to the atmosphere of risk aversion. Longer dated yields have climbed again while the short end sustains some of its bid as curve steepening trades take hold. Powell commented that the
Cleveland Fed Pres. Loretta Mester is speaking (voting member in 2024), and says: Fed is at or near peak of rate hike cycle This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز
