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Friday, November 15, 2024

American Market Recap: Bitcoin perks up to finish the week strong

Bitcoin perks up to finish the week strong

Bitcoin 10 mins Bitcoin is closing out a great week on a positive note. It briefly fell below $88K in US trading but has been steadily bid since and particularly in the past hour. It's now up 3.3% on... 

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Fed's Barkin: I always have expected core PCE to stay in the "high twos"

I hope and expect that in Q1, inflation will come down Pricing power is more limited I am still seeing progress on inflation We are a long way from knowing what will happen with tariffs... 

Another turn in Treasury yields after another Fed pivot?

US equities are making new lows but bonds have turned around. Ten-year Treasury yields touched the highest since May earlier today at 4.50% but have since turned around and are now down 1.6 bps on the... 

Fed's Goolsbee says personally comfortable not 'charging' towards neutral

Everything is always on the policy table Asked about a Dec cut, said he doesn't like to tie his hands before data We are going to be looking at rate cuts along the lines of the Sept Fed projections Re... 

No comments on monetary policy from the Fed's Williams

Williams doesn't often shy away from a microphone or opportunity to weigh in but the event was about 100 years at the NY Fed and he stuck to that.... 

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Latest Forex Orders

FX option expiries for 15 November 10am New York cut

There is just one to really take note of on the day, as highlighted in bold . That being for EUR/USD at the pivotal 1.0500 level. As mentioned here , that is a major technical mark for the pair and th... 

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