No Fundamental Changes After Jackson Hole
The market has been waiting for Jackson Hole throughout the summer and now that the Jackson Hole symposium is behind us, not much has changed as Federal Reserve Chair Jerome Powell didn’t offer a conclusive timeline for scaling back stimulus. He said the central bank could begin reducing its bond purchases this year but won’t […]
Wird Powell trotz Delta eine falkenhafte Botschaft vermitteln?
Es könnte ein großer Tag für Trader werden und es wird eine wichtige Entscheidung für Federal Reserve Präsident Jerome Powell sein, welcher entscheiden muss welche Art von Nachricht er dem Markt vermitteln wird. Auch wenn die Delta Variante neue Unsicherheiten bringt, so ist es die Aufgabe der Fed zu entscheiden, ob die Kosten für eine […]
Will Powell Send A Hawkish Message Despite Delta?
It might be a big day for traders and big decision for Federal Reserve Chair Jerome Powell who will have to decide which message he conveys. Even if the delta variant creates further uncertainty, the Fed must decide whether the costs of extending the commitment to maximum stimulus have come to outweigh the benefits. The […]
Preparing For Potential Short Squeeze
Both EUR/USD and GBP/USD continue to tread water but traders are on the starting blocks, waiting for bigger movements by tomorrow. While the U.S. dollar was relatively firm and could further strengthen if the Federal Reserve assures, they are ready to taper stimulus, we also prepare for a potential short squeeze in case of any […]
Traders Reluctant Ahead Jackson Hole
Not much was going on in the FX market on Tuesday as traders are holding back ahead of the Jackson Hole symposium which takes place from Thursday through Saturday. Chances are currently in favor of riskier assets with the market preparing for a potential delay in the Federal Reserve’s taper timeline. The fast-spreading Delta variant […]
Profitable Start To The New Week
Monday started off with a profit for traders as dollar bulls took a breather, pushing other currencies higher in return. As expected, we thus saw some rebounds in short-term time frames. The British pound rebounded from oversold price levels and took out the 1.37-barrier. We went long in the GBP/USD at 1.3665 and were able […]
