US Dollar, Federal Reserve, FOMC Minutes, USD/CHF, USD/JPY, Treasury Yields – Talking Points The US Dollar is on the backfoot on Fed speak and FOMC minutes Treasury yields might have assisted the Fed but that picture could change PPI beat forecasts and attention now turns to CPI. Will it move the US Dollar? Recommended by
The AUDUSD technical story remains largely the same. The pay remains within its up-and-down trading range (see red box on the chart below) with a short-term negative bias. The negative technical bias comes because the price is below the 100 and 200 bar moving averages on the 4-hour chart between 0.6423 and 0.6436. Staying below
Market Recap Recommended by Jun Rong Yeap Get Your Free Equities Forecast It was another down day in Wall Street, as statements from the Federal Open Market Committee (FOMC) minutes did not reflect the level of unity among policymakers to pause rates as what was initially expected. Particularly, the key takeaway that “most participants continued
Markets: Gold up $8 to $1941 US 10-year yields down 14.5 bps to 4.04% WTI crude up $1.10 to $82.65 EUR leads, CAD lags S&P 500 down 24 points, or -0.5% The initial reaction to the non-farm payrolls report was to sell the dollar but then the market had a look at the higher wage
