<p>Daly is out with comments in the WSJ</p><ul><li>It's too soon to speculate at which meetings the Fed might change policy stance next year</li><li>Her projections are very close to Fed median</li><li>We're acknowledging progress is there</li><li>When the unemployment rate start
Blogs
Pentagon expected to announce Operation Prosperity Guardian to protect Red Sea – report
<p>Several leaks are pointing to an announcement that will be made tomorrow about Operation Prosperity Guardian, which is going to be announced by the Pentagon tomorrow.</p><p>It's a new task force to protect shipping in the Red Sea and will be within an existing partnership of 39 nations that focuses on countering piracy.<
Goldman Sachs: Key Themes in updated FX forecasts
<p>Key Themes:</p><ol><li><p>Revisions in Rate-Sensitive Currencies:</p><ul><li>Goldman Sachs has made significant revisions in forecasts for currencies sensitive to interest rate changes, notably JPY, SEK, and IDR.</li><li>These adjustments primarily reflect the observed shifts in these c
Houthi official: US offered not to obstruct peace in Yemen for halting Red Sea attacks.
<p>A Houthi official on Al Jazeera said the US offered not to obstruct efforts to reach peace in Yemen in exchange for halting military operations in the Red Sea. The official said they rejected the deal.</p><p>There is a low-rep report out there that Saudis and Houthis are close to a peace deal.</p><p>On the face of [
Nikola motors founder Trevor Milton sentenced to four years in prison
<p>Nikola Motors founder Trevor Milton was sentenced to four years in prison after his October 2022 conviction on securities fraud and wire fraud. Prosecutors had asked for 11 years.</p><p>The most-famous instance of fraud was a video showing a Nikola truck in motion that was later revealed to be rolling downhill.</p><p&g
US January shale oil production seen slipping slightly
<p>The EIA is out with its latest productivity report and production in shale regions is seen down 1k bpd after a 2k bpd drop in December. The Permian continues to lead the way with back-to-back monthly rises near 5k.</p><p>The oil market will be carefully watching the US this year and the possibility of further oil […]
BNP Paribas: Bearish outlook on USD with eyes on EUR/USD and USD/JPY
<p>BNP Paribas articulates its bearish stance on the USD over the coming year, influenced by the Federal Reserve's dovish pivot and the broader economic environment. The bank also provides its long-term targets for EUR/USD and USD/JPY.</p><p>Key Points:</p><ol><li><p>USD Off Highs as Year Ends:</p&g
Gold grabs a bid. Eyes on the BOJ later.
<p>We're into the time of year when flows dominate fundamentals so it's tough to pin down every market move. Gold's latest rally has pushed it up $14 to $2032 on the day.</p><p>I don't see any headlines behind it but eyes are on the Red Sea and how the US will respond to a threat to […]
Your Guide to Cryptocurrency Regulations in the UK
<p>The United Kingdom has emerged as a significant player in the global cryptocurrency landscape. As digital currencies gain traction and popularity, understanding the regulatory framework governing these assets becomes paramount.</p><p>What Are Cryptocurrency Regulations?</p><p>Cryptocurrency regulations refer to the
How FOREX Brokers Can Identify “Toxic” Traders
<p>In the fast-paced world of forex and multi-asset trading, brokers face the daunting task of managing high-risk trading behaviors that can significantly impact their operations. These include scalping, news trading, and various arbitrage strategies. The challenge lies in detecting and managing these 'toxic' traders, who can stealt