Skype: Signal2forex / Whatsapp: +79065178835
0$0.00

No products in the cart.

Day: December 20, 2018

Kevin O’Leary chides the Fed for claiming data-dependence while still forecasting two 2019 rate hikes

Investor and entrepreneur Kevin O’Leary told CNBC Thursday he’s not fond of the Federal Reserve’s plans for interest rates next year. Fed Chairman Jerome Powell “made a mistake” during his highly-anticipated news conference Wednesday afternoon, said O’Leary, chairman of O’Shares ETF and “Mr. Wonderful” on “Shark Tank.” O’Leary said on “Squawk Box” that he does …

Kevin O’Leary chides the Fed for claiming data-dependence while still forecasting two 2019 rate hikesRead More

Elliott Wave Analysis: EURCAD at Interesting Levels; More Weakness in View

Let’s take a look at daily chart of EURCAD. What we see is a leading diagonal into wave A/1 from highs and a current recovery since the beginning of October definitely looks slow and corrective. But, the most important part is that price can be approaching strong resistance area between 50% and 61,8% Fibo. retracement …

Elliott Wave Analysis: EURCAD at Interesting Levels; More Weakness in ViewRead More

Dollar Under Pressure But Loss Limited, BoE Dovish Shift Ignored

Dollar remains in the spotlight today as it suffers renewed selling in European session. It could be part of delayed reaction to the dovish FOMC rate hike yesterday. But then, while the greenback is the worst performing one today, loss greenback is limited so far except versus the Japanese Yen. Commodity currencies remain generally weakest …

Dollar Under Pressure But Loss Limited, BoE Dovish Shift IgnoredRead More

BOE Turns Dovish as Brexit Deadline Nears, Yet No Deal is Secured

BOE voted 9-0 to leave the Bank rate unchanged at 0.75% in December. The committee also voted unanimously to leave the asset purchase program at 435B pound .It has turned more cautious than November, warning that Brexit uncertainty has “intensified considerably” since November. Thanks to lower oil prices, policymakers expect inflation to fall below +2% …

BOE Turns Dovish as Brexit Deadline Nears, Yet No Deal is SecuredRead More

Two more rate hikes could spark a recession, market researcher warns

He’s been worried the Federal Reserve would go too far. And now, market researcher James Bianco thinks his fear may be a reality. His updated outlook follows the Fed’s decision to plan for additional interest rate hikes next year. Bianco believes the move could spark a recession. “The markets are worried that two rate hikes …

Two more rate hikes could spark a recession, market researcher warnsRead More