USD/MXN: Mexican Peso Continues to Lose Against the US Dollar as Tensions in the Middle East Cut Risk Appetite
The US dollar continued to gain ground today thanks to some positive economic data and rising geopolitical tensions in the Middle East. Full Article
“The US Federal Reserve should not act with urgency when it is not necessary,” says Mary Daly.
In March, the majority of Federal Reserve officials foresaw at least three interest rate cuts before the end of the year. Full Article
US CPI Effect: Goldman now expects only two Fed rate cuts in 2024 instead of three
The bank, who previously anticipated cuts in June, September, and December, now sees them in July and November. Full Article
Some Last Thoughts Ahead of FED’s Rate Decision
The FED is expected to hold interest rates unchanged at 5.25% today, but the rhetoric will be more important Full Article
Risk Assets Bearish As US 2-year Treasuries Break the 5% Milestone
Yesterday we saw a surge in the US 2-year treasury yields, which topped 5% for the first time since 2007, keeping the USD well bid Full Article
How Long Will the FED Keep Hiking After the Higher PCE Inflation?
Core PCE inflation posted an increase in January, which increases the uncertainty regarding the FED rate path in this year Full Article
Crude Oil Resumes Downtrend, Despite Expected China Demand
Crude Oil failed to break above the 100 daily SMA this week and is reversing back down, resuming the larger bearish trend Full Article
Inflation and Economic Growth to Drive Rate Hikes and Markets in the Months Ahead
Markets were pricing in rate cuts by the end of the year a week ago, but now everything has reversed and risk has turned negative Full Article
Will USD/CAD Turn Bullish After BOC Signals A Pause?
USD/CAD jumped off the support zone yesterday after the BOC said to keep rates on hold after a 25 bps hike yesterday Full Article
Gold Set to Make A Record High, Supported by Technicals and Dovish FED
Gold has been one of the most bullish assets since October, with fundamentals fueling the uptrend while technicals support the dips Full Article
When Will the FED Start Cutting Rates?
The FED will stop rate hikes at some point early this year, but will they hold rates up or reverse them back down? Full Article
Double Top in Play in S&P 500 As Stock Markets Retreat
Stock markets have turned bearish as the sentiment turns negative in financial markets, leading to a double top pattern in S&P 500 Full Article
Holding on to Our Buy Gold Signal As MAs Hold As Support
Gold has turned bullish for the last two months and we're holding on to our long term buy Gold signal as the 200 SMA holds as support Full Article
Forex Signals Brief for December 20: BOJ Closes An Incredible Year With A Surprise Pivot
Last week four major central banks raised rates by 50 bps while today the Bank of Japan left rates unchanged, but widened the YCC band Full Article
Is the Retreat in Gold Over?
Gold made a strong retreat after the FED rate hike but the pullback seems complete and we decided to open a buy signal gold Full Article
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