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Markets Higher bonds/lower yields was the ‘default’ trend so far this month and reinforced yesterday by comments from Fed’s Waller, usually one of the more hawkish members of the Fed MPC. Contrary to what was the case a month ago (strong US Q3 growth), he is becoming increasingly confident that Fed policy is well positioned […]

The post US Yield Curve Impressively Bull Steepened appeared first on Action Forex.

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26/04/2024

USD/JPY Remains Bullish After BoJ Stays on Hold

Japan FinMin Suzuki: Will Deal With Forex Appropriately But Declines To Say Whether Forex Moves Are Excessive USDJPY breaks higher as inflation came at 1.8% down from 2.5% expectations, and 2.6% prev reading. Thats very interesting reading. Who would think of this data considering how expensive are commodities for them, including oil, with recent drop […]
16/07/2024

Trump Trade, China Trade, Reflation Trade, AI Trade

There are a few stories developing at the same time: The Trump trade consists of going long Bitcoin and equities (especially gunmakers, oil producers) and short the long term treasuries on expectation of exploding US debt with tax cuts, higher spending and growth supportive Trump policies. The yield on 30-year Treasuries yesterday surpassed the rate […]
18/09/2024

Crypto Market Gets a Boost from Stocks

Market Picture The crypto market has gained 2.1% in the last 24 hours to reach $2.08 trillion. The rise in the stock market has brought buyers back to Bitcoin, which has positively impacted cryptocurrencies. The sentiment index is still in the fear zone, but at 45, it is already close to neutral territory. This shows […]