Is the US Dollar correction over? The stage is set and its decision time for the bulls in the days ahead. The levels that matter on the DXY weekly technical chart.
Next week the RBNZ decides to hike by 50 or 75 bps where forward guidance remains key. Stubborn inflation and a worsening global outlook complicates the decision
Gold prices had a relatively tame week despite sharp losses on Friday. More concerning is the renewed push higher by real yields in developed economies.
The Nasdaq 100 and S&P 500 faltered as market volatility returned. Hopes of a Fed pivot were increasingly extinguished by Chair Jerome Powell. The US Dollar gained as gold suffered. Now, all eyes t…
The Dow Jones Industrial Average and S&P 500 cratered after Fed Chair Powell’s Jackson Hole speech. Asian and European stocks are likely to feel the pressure this week.
EUR/USD goes into the week with markets knowing the Fed’s aggressive outlook while the EU continues to be plagued by an energy crisis as we head into winter.