Nasdaq and Bitcoin: Grinding Support as USD, FOMC Drive the Waves
Both Bitcoin and the Nasdaq are at key supports and both markets have been smashed this year after topping in November. And those trends may not be finished just yet…
Both Bitcoin and the Nasdaq are at key supports and both markets have been smashed this year after topping in November. And those trends may not be finished just yet…
The US Dollar’s robustness remains intact as the market recalibrates Fed rate hike expectations ahead of their meeting next week. Will data later today move get the USD rally going again?
Equity markets across the globe plunged last week as Fed rate hike bets drove recession fears. Market sentiment hinges on this week’s FOMC decision.
The Fed interest rate decision may influence the near-term outlook for EUR/USD as the central bank is expected to retain its current approach in combating inflation.
USD/JPY volatility is likely to jump in the coming week in response to two high-impact events on the calendar: the monetary policy decision of the Fed and the Bank of Japan.
The Australian Dollar remains hostage to the machinations of the US Dollar as the RBA and the Fed are on similar but slightly different paths. Will rate differentials hit AUD/USD?