Category Finance

Post Content

The AUDUSD moved up and tested a swing level near 0.6823 in the Asian and European session. The price then moved lower as stocks fell in the early US trading. However, as the price of the AUDUSD approached its rising 100 hour moving average at 0.6778, the buyers…

Morgan Stanley anticipates a series of 25bp cuts from the Federal Reserve through mid-2025 and recommends maintaining short positions on USD/JPY, targeting a move towards 138. Key Points: FOMC Rate Decision: The FOMC cut the federal funds rate by 50bp to 4.875%, reflecting ongoing progress on inflation and…

Sees progress on inflation and labor market cooling since mid-2023Believes smaller initial move preferable to avoid premature victory declaration I see the risk that the Committee’s larger policy action could be interpreted as a premature declaration of victory on our price stability mandate Although hiring appears to have…

The recent drop in oil prices hasn’t curbed drilling yet but could hurt budgets for 2025. This article was written by Adam Button at www.forexlive.com.

There is nothing here on the current outlook in the speech. He’s giving a lecture at Tulane University. It’s not clear if he will take questions. Monetary policy likened to driving a bus – need to balance speedMaximum employment involves job quality, not just quantityPhiladelphia Fed conducts research…

Post Content

It was a poor finish to Friday for European stocks and that led to a negative week. On the day: Stoxx 600 -1.5%German DAX -1.4%France’s CAC -1.5%UK’s FTSE 100 -1.2%Spain’s IBEX -0.1%Italy’s FTSE MIB -0.8% This article was written by Adam Button at www.forexlive.com.

The economy is strong and inflation is coming downI was open to the idea that we could front-load and the inflation data during blackout pushed me in that directionCPI and PPI will feed into core PCE; which will be somewhere around 0.14%Over the last four months, core PCE…

The US stocks are moving a little higher on the Fed Waller comments. The Nasdaq index moved to a low of 17835.64. That got close to filling the gap from yesterday’s trading which had a gap down to 17832.70 (so got within 3 points of that level). The…