Author: FX
Bridgemarq Real Estate Services declares CAD 0.1125 dividend Source link
© Reuters. A stream of particles, which NASA says appears to be liquid and possibly coolant, sprays out of the Soyuz spacecraft on the International Space Station, forcing a delay of a routine planned spacewalk by two Russian cosmonauts December 14, 2022 in this sti By Steve Gorman (Reuters) -A routine spacewalk by two Russian cosmonauts aboard the International Space Station (ISS) was called off as it was about to begin after flight controllers noticed a stream of liquid spewing from a docked Soyuz spacecraft, a NASA webcast showed. The spray of fluid, which was visible in NASA’s live video…
It’s gonna be a busy day for European traders with the BOE, ECB, and SNB publishing monetary policy decisions today! Traders are slightly more interested in what the ECB will have to say though. How will EUR/USD react to today’s headlines? Before moving on, ICYMI, yesterday’s watchlist looked at NZD/USD’s uptrend pullback ahead of the FOMC policy decision. Be sure to check out if it’s still a valid play! And now for the headlines that rocked the markets in the last trading sessions: Fresh Market Headlines & Economic Data: EIA: U.S. crude stocks soar by more than 10 mln barrels…
EUR/USD came within a touching distance of 1.0700 late Wednesday. Economists at ING analyze how the pair could react to the European Central Bank (ECB) policy announcements. ECB may surprise on hawkish side “Markets are currently pricing in 54 bps of tightening, but are probably expecting some hawkish signals on quantitative tightening and in the new staff projections. That said, there is still little evidence that the ECB policy is a key driver of EUR/USD. We, therefore, think only a 75 bps hike or the explicit announcement that QT will start at a specific date in early 2023 will be…
<ul><li>Underlying inflation pressure has increased</li><li>Danger remains inflation could stay elevated</li><li>It is too early to sound the all clear</li><li style="" class="text-align-justify">SNB will sell forex in future if appropriate, will also buy to check excessive appreciation pressure</li></ul><p style="" class="text-align-justify">Some token remarks there by Jordan. For today's decision, it is all about the fact that they just hiked by 50 bps instead of 75 bps – which some quarters of the market hoped for.</p> This article was written by Justin Low at www.forexlive.com. Source link
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Gold Basin Resources terminates relationship with Discovery Group Source link
The FED, as expected, announced a 50 bp increase in the federal funds rate to place it in a target range of 4.25%-4.50% (the highest level in 15 years – since 2007). Powell pointed out that “We have more work to do” and that “there is a long way to go” expecting “continued increases”. The first is expected to be 25bp in February, which “will depend on incoming data” and from there the pace will be set taking into account “the cumulative tightening of monetary policy”. 17 of 19 members expect the terminal rate to be over 5.1% during 2023, and “there are…
US Dollar Index rebounds from six-month low, snaps two-day downtrend. Fed announced 50 bps rate increase, showed readiness to keep it higher for long. A reassessment of Fed’s rate bias seems favoring US Treasury yields and the greenback. Multiple central bank announcements, US Retail Sales eyed for fresh impulse. US Dollar Index (DXY) remains mildly bid around 104.00 as it prints the first daily gains in three during the early Thursday morning in Europe. In doing so, the greenback’s gauge versus the six major currencies traces the firmer US Treasury bond yields amid sluggish market sentiment. That said, the DXY…
Is the trend still our friend on these charts or are we about to see the bend at the end? Check out these channels on AUD/JPY and the S&P 500 index! AUD/JPY 4-hour Forex Chart This pair is already testing the very top of its descending channel on the 4-hour time frame! Will we see a bounce or a break this time? Technical indicators are pointing to a continuation of the slide on AUD/JPY, as the 100 SMA is below the 200 SMA while Stochastic has some room to head lower. This means that bearish pressure is still in play,…