2022 is a Year to Remember or a Year to Forget?
Weekly Market Wrap – Sunday, January 1, 2023 ✅ After a bull market that lasted for 13 years since the Global Financial Crisis of 2008-09, financial markets experienced a massive pullback. In fact, 2022 is just one of five in the last 100 years where both bond and equity markets finished in the red. For […]
NFP Preview: Forecasts from eight major banks, employment growth still strong
The US Bureau of Labor Statistics (BLS) will release the August jobs report on Friday, September 2 at 12:30 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of eight major banks regarding the upcoming employment data. Expectations are for a 300K rise in Nonfarm […]
As the risk-on impulse returns, the US Dollar Index falls to roughly 105.30 at open, with the Fed in focus.
US Dollar Index tumbles to near 105.30 at open as the risk-on impulse rebounds, Fed in focus 15 June 2022 • The DXY has opened lower around 105.30 but is sustaining itself above the critical support of 105.00. • Investors should brace for a rate hike of 75 bps by the Fed. • The tight […]
FOMC Meetings and the Impact on Forex Markets
The Federal Open Market Committee (FOMC) is an important body within the Federal Reserve System that sets monetary policy in the United States. As a Forex trader, it’s important to pay attention to the FOMC and its decisions, as they can have a significant impact on the market.
Bitcoin ‘gives back gains’ after FED comments ‘add downside risks’ to Crypto Markets
Following the Federal Reserve’s aggressive statements, analysts expect more weakening in BTC and altcoins. The price of Bitcoin (BTC) continues to provide contradictory signals, increasing investor anxiety and severely influencing asset values throughout the market. BTC price is trapped below $36,000, according to data from Cointelegraph Markets Pro and TradingView, and despite a small relief […]
The Federal Reserve Is Going to Sell Its Corporate Bond Portfolio. What It Means.
The Federal Reserve said Wednesday that it plans to start selling its portfolio of corporate bonds and exchange-traded funds that it bought during the pandemic. It first plans to start reducing the amount of bond ETFs it holds before winding down its bond holdings. The “sales will be gradual and orderly, and will aim to […]