Author: FX
The market isn’t fully priced for a cut until September, which is certainly ‘some time’ so I don’t see this kind of signalling as material.Patient approach to rates will give the Fed some time to assess the economyFed is well-positioned to respond to changes in the economyRisks to inflation are now skewed to the upsideMonetary policy is now ‘modestly restrictive’Best to take time to assess impact of any tariffsEconomy is in a good place and the jobs market is solidHammack is a hawk. This article was written by Adam Button at www.forexlive.com. Source link
Gold slides lower after first hitting a fresh all-time high at $2,942. Traders brace for comments from Fed Chairman Powell in his upcoming testimony before Congress. The $3,000 marker is out of the odds for now with the current dip. Gold’s price (XAU/USD) is in a wild ride this Tuesday and is dipping lower after first having hit a new record high at $2,942 in early Tuesday trading. Meanwhile, United States (US) President Donald Trump has imposed 25% tariffs on steel and aluminum imports for all countries as of March 12,, while China has quietly imposed retaliatory tariffs on some US goods. China is…
Alarm.com (NASDAQ:ALRM) has bought a majority stake in CHeKT, a cloud platform for remote video monitoring services.Financial terms were not disclosed.The acquisition strengthens Alarm.com’s remote video monitoring offering. CHeKT’s enterprise-ready platform includes subscription-based remote video monitoring services that enable central stations and service providers to deliver high-value, proactive, crime-stopping solutions to commercial and residential subscribers.Source: Press Release Source link
Oil climbs on supply worries, Trump tariffs check gains Source link
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The Australian Dollar remains steady as Trump imposes a 25% tariff on all steel and aluminum imports. Australia’s Westpac Consumer Confidence rose 0.1% in February, reaching 92.2 from 92.1 prior. The US Dollar appreciates amid the rising cautious mood surrounding the Fed’s policy outlook. The Australian Dollar (AUD) remains subdued against the US Dollar (USD) on Tuesday. The AUD/USD pair could decline due to US President Donald Trump’s decision to expand steel and aluminum tariffs by 25% to include all imports, nullifying trade agreements with key US allies, including Australia. The White House confirmed that all import tax exclusions had been…
Shares of Chinese steelmakers slide as Trump's fresh tariffs add uncertainty on exports Source link
Will this week’s U.S. inflation reports fuel interest rate cut expectations for the Fed? Our Event Guide for the U.S. CPI Report suggests that the U.S. dollar could weaken against its counterparts if January’s CPI reports align with the declining PPI trends. Here’s why USD/JPY and GBP/USD offer neat setups in case Uncle Sam’s inflation pressures cool in January: This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus More! Source link
With the Fed taking a less dovish stance in their latest policy decision, will hotter U.S. inflation data further dampen rate cut expectations? Our Event Guide for the U.S. CPI Report points out that business PMI surveys reported stronger input and output cost pressures while wage growth has shown momentum. Here’s what I’m watching on USD/CHF and NZD/USD in this scenario. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus More! Source…
Don’t look now, but this euro pair is within striking distance of its long-term range bottom. Will support still hold or are we in for a breakdown? Better keep your eyes on these nearby inflection points! EUR/CAD 4-hour Forex Chart by TradingView In our Weekly FX Market Recap, we noted how the Canadian dollar was able to breathe a sigh of relief after U.S. President Trump agreed to a 30-day delay in tariffs. However, a fresh batch of higher U.S. trade levies on Canada has just been signed, this time targeting steel and aluminum imports. Rising crude oil prices on…