Blogs

<p>ECBs Simkus is joining the list of officials who are pushing back against an early cut from the central bank. He says:</p><ul><li>I am far less optimistic than markets on rate cuts</li><li>Cuts may begin around the summer</li><li>Wage data is going to be very important</li></ul> This ar

<p>The EURUSD moved below a swing area between 1.08788 and 1.0894. The 61.8% of the move up from the December low is also in that area and all of it now sets that area a risk and bias defining area. Stay below 1.0894 is more bearish in the short term at least. Move above and […]

<p>The USDJPY is moving to a new session high in the process is testing a target at 147.147 and also getting closer to a key technical target on the top side. A technical level is defined by the 100-day moving average and the 61.8% retracement of the move down from the November 2023 high. Both […]

<ul><li>The economy is doing and giving us the flexibility to move carefully and methodically</li><li>We have to see firm evidence of improvement on rates</li><li>If we think we have to move faster on rates, we can but key is that we have flexibility</li><li>It will be up to committee on timing of whe

<p>The event was moved to virtual-only due to snow in Washington.</p><ul><li>Changes in policy path must be 'carefully calibrated' and 'not rushed'</li><li>I am more confident that we are within striking distance of achieving sustainable 2% inflation</li><li>We are close but I will

<p>The event is virtual only.</p> This article was written by Adam Button at www.forexlive.com.

<p>The USDCAD has moved higher this weekend in the process extending above its 200 bar moving average on the 4-hour chart at 1.34187, and then the 38.2% retracement of the move down from the November 2023 high. </p><p>The price also broke above its 200-day moving out at 1.34806 and moved to a high for the […]

<p>Impressive bids have emerged in stocks and the front-end of the Treasury curve.</p><p>I wrote earlier who dovish comments from Waller could turn around the market but buyers haven't even waited for the headlines. Waller is set to speak at the top of the hour.</p><p>US 2-year yields are still up 3 bps on the day

Stocks Rise as Traders See Higher Chance Fed Will Act Fast, US Dollar Consolidates; Japanese 2-year Bond Yield Drops Below Zero, Nikkei 225 Index Makes Another 34-Year High; UK Claimant Count Data Due