Community Blog

Filtrowane przez tagi:  Tax Reform
Avatar

FOMC Minutes seen as mildly dovish

As expected, there was nothing shocking in the Minutes of the FOMC meeting that concluded on September 20th. Division between those who believe that inflation is low due to transitory factors and those who think it's just a new normal, is nothing new but the market seemed to take this as a mildly dovish sign.
U.S. dollar has already been weakening this week and, after a minor whipsaw, prices just continued on the path of least resistance. December hike from the Fed is pretty much priced in at th…
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
lubZostaw komentarz
Avatar

USD/JPY holds above 38.2% retracement

U.S. stocks rallied to new record highs yesterday after Trump said he is releasing "something phenomenal in terms of tax" in the next 2 to 3 weeks. Bond yields and the dollar followed suit. USD/JPY rose more than 100 pips in the N.A. session.
Bulls gained the upper hand in the big battle near 38.2% retracement of the election rally. 114 is the initial resistance and then stronger one between 50 DMA and 115.50. Staying above 113 would maintain bullish picture.
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
Gonchar avatar
Gonchar 10 Mar

нормально верю

lubZostaw komentarz