The US dollar’s strength is telling Powell to chill
As I’ve pointed out in previous posts, however, the Fed and the market are ignoring some very obvious signs which strongly suggest that the Fed’s best course of action is
Bank of England to stick to 50bp rate hike despite the Fed and ECB doing more
Next week’s Bank of England meeting is crucial. It will tell us not only how worried policymakers are about the slide in sterling and other UK markets, but also how
Japan must take steps against ‘excessive, one-sided’ yen moves, says deputy chief Cabinet secretary
Japan’s government must take steps as needed against excessive declines in the yen, deputy chief cabinet secretary Seiji Kihara said on Sunday (Sep 11), repeating authorities’ warnings about the currency’s
3 reasons why Bitcoin traders should be bullish on BTC
Bitcoin (BTC) has been in a rut, and BTC’s price is likely to stay in its current downtrend. But like I mentioned last week, when nobody is talking about Bitcoin, that’s US CPI in Focus
The US dollar rally is of historic proportions. Its climb is relentless, though there was around a 4-7% pullback for a few weeks beginning in mid-July. Since then, the greenback
ECB’s Centeno Urges Cautious Next Steps After Historic Rate Hike
The European Central Bank must tread carefully at upcoming meetings after signaling its determination to fight record inflation with a jumbo interest-rate increase this week, according to Governing Council member
Gazprom: Gas supplies to Nord Stream fully stopped
GAZPROM: GAS SUPPLIES TO NORD STREAM FULLY STOPPED DURING ROUTINE MAINTENANCE WORKS OIL LEAKAGE WAS DETECTED GAZPROM SUSPENDS OPERATION OF PUMPING UNIT AT PORTOVAYA STATION – STATEMENT Read More… https://www.forexfactory.com/news/1176683-gazprom-gas-supplies-to-nord-stream-fully-stopped
Bitcoin market dominance plumbs 4-year lows as BTC price ditches $20K
All down after gloomy macro week Data from Cointelegraph Markets Pro and TradingView showed ongoing lackluster performance on BTC/USD, which traded around $19,800. The largest cryptocurrency looked increasingly unable to flip $20,000 to firm Fed Whisperer Says Jobs Report “Unlikely To Change” Powell Rate Hike View; BofA, Goldman Call For 50bps
n the aftermath of the first 75bps rate hike in June, which made a mockery of the Fed’s forward guidance and which required a WSJ “whisperer” to prep the market