It was risk off mood in markets this week as a cocktail of Russia-Ukraine tensions and the outlook for a hawkish Fed drove the VIX volatility gauge to one-year highs. The USD has strengthened significantly; a move that was further amplified when Fed chair Powell in fact took a hawkish stance at the Fed meeting […]
The post Weekly Focus – Stressed Markets as Fed Prepares for Hiking Cycle appeared first on Action Forex.
I view the probabilities of downside and upside risks to inflation as broadly balanced. But at this point I am more worried about the possible consequences if the upside materialised, as this could require a Read more…
EUR/USD encountered significant pressure, testing a low of 1.0331 before rebounding to 1.0476, as market concerns mount over the potential economic slowdown in Europe and aggressive rate cuts by the European Central Bank (ECB). Recent Read more…
Gold switches to loses before reaching all-time high A consolidation phase likely in the short-term Gold felt Monday’s blues, retreating immediately toward its 20-day simple moving average (SMA) at 2,670 after five consecutive winning days. Read more…