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Month: February 2023

Cryptocurrencies

US Core PCE Comes in Stronger than Expected; US Dollar Bid

With strong inflation data lately and Fed speakers remaining hawkish, many traders were expecting the Fed’s favorite measure of inflation, Core PCE, to come in hotter than expected.  They weren’t disappointed.  The MoM Core PCE Read more…

By , 3 years ago February 24, 2023
Cryptocurrencies

US Core PCE Comes in Stronger than Expected; US Dollar Bid

With strong inflation data lately and Fed speakers remaining hawkish, many traders were expecting the Fed’s favorite measure of inflation, Core PCE, to come in hotter than expected.  They weren’t disappointed.  The MoM Core PCE Read more…

By , 3 years ago February 24, 2023
Cryptocurrencies

US Core PCE Comes in Stronger than Expected; US Dollar Bid

With strong inflation data lately and Fed speakers remaining hawkish, many traders were expecting the Fed’s favorite measure of inflation, Core PCE, to come in hotter than expected.  They weren’t disappointed.  The MoM Core PCE Read more…

By , 3 years ago February 24, 2023
Cryptocurrencies

US Core PCE Comes in Stronger than Expected; US Dollar Bid

With strong inflation data lately and Fed speakers remaining hawkish, many traders were expecting the Fed’s favorite measure of inflation, Core PCE, to come in hotter than expected.  They weren’t disappointed.  The MoM Core PCE Read more…

By , 3 years ago February 24, 2023
Cryptocurrencies

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9304; (P) 0.9326; (R1) 0.9363; More… Intraday bias in USD/CHF remains on the upside at this point. Current rebound from 0.9058 should target 38.2% retracement of 1.0146 to 0.9058 at 0.9474. On Read more…

By , 3 years ago February 24, 2023
Cryptocurrencies

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9304; (P) 0.9326; (R1) 0.9363; More… Intraday bias in USD/CHF remains on the upside at this point. Current rebound from 0.9058 should target 38.2% retracement of 1.0146 to 0.9058 at 0.9474. On Read more…

By , 3 years ago February 24, 2023
Cryptocurrencies

Gold Bulls Pick a Fight with the Fed

Gold prices have been falling all month, and it opens the question whether this is a new trend, or can we see a turn around? Well, the latest macro data from the US paints a Read more…

By , 3 years ago February 24, 2023
Cryptocurrencies

Gold Bulls Pick a Fight with the Fed

Gold prices have been falling all month, and it opens the question whether this is a new trend, or can we see a turn around? Well, the latest macro data from the US paints a Read more…

By , 3 years ago February 24, 2023
Cryptocurrencies

Gold Bulls Pick a Fight with the Fed

Gold prices have been falling all month, and it opens the question whether this is a new trend, or can we see a turn around? Well, the latest macro data from the US paints a Read more…

By , 3 years ago February 24, 2023
Cryptocurrencies

Yen Edges Lower after BoJ’s Ueda Testimony

The Japanese yen is slightly weaker on Friday. In the European session, USD/JPY is trading just above the 135 line. Ueda pledges to continue easy policy Incoming Bank of Japan Governor Kazuo Ueda appeared at Read more…

By , 3 years ago February 24, 2023

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