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Friday, October 11, 2024

American Market Recap: Ex Fed Pres.Mester :Believes neutral rate is higher than used to be in the past.

Ex Fed Pres.Mester :Believes neutral rate is higher than used to be in the past.

Believes the neutral rate is higher than it used to be in the past The Funds rate is high relative to where inflation is currently Always want to keep monetary policy moving to where the economy is go... 

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For what it is worth...If Harris elected President she would have a Republican on cabinet

As the clock ticks to the election, expect more and more promises to sway the last voters. The Democrat nominee Harris is now promising Republican representation in her cabinet. Equal time to GOP nomi... 

NZDUSD moves back into swing area and between 100/200 day MAs going into the weekend.

The NZDUSD traded above and below the 100-day MA this week but above the 200-day MA (green line) into the mid-week RBNZ rate decision. The central bank cut rates by 50 basis points and that sent the p... 

Goldman Sachs: EUR should now be the preferred funding currency over CHF and JPY

Goldman Sachs suggests that the EUR should now be considered the funding currency of choice, particularly in comparison to the CHF and JPY, given current market conditions and expectations for currenc... 

Somthing is going on with bitcoin and Microstrategy

Bitcoin daily Bitcoin is up 4.5% today as it erases the past two days of selling. It's a nice move but leaves it right back to where it's been for the past eight months. Wake me up when it breaks the... 

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Latest Forex Orders

FX option expiries for 11 October 10am New York cut

There are just a couple to take note of, as highlighted in bold . And they are for EUR/USD at the 1.0930 and 1.0950 levels. If anything else, the expiries should help to keep price action more locked... 

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