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Day: February 14, 2022

Fed’s Bullard says the central bank’s ‘credibility is on the line,’ needs to ‘front-load’ rate hikes

St. Louis Federal Reserve President James Bullard made his case for a rapid move higher in interest rates, saying Monday that the central bank needs to react to accelerating inflation. “I do think we need to front-load more of our planned removal of accommodation than we would have previously. We’ve been surprised to the upside …

Fed’s Bullard says the central bank’s ‘credibility is on the line,’ needs to ‘front-load’ rate hikesRead More

Yen Takes a Breather after Lavrov Comments, Dollar Firm

While risk aversion still dominates, sentiments appeared to be lifted by comments from Russian Foreign Minister Sergei Lavrov. In a televised exchanged, Lavrov told President Vladimir Putin, “I must say there are always chances… It seems to me that our possibilities are far from exhausted… At this stage, I would suggest continuing and building them …

Yen Takes a Breather after Lavrov Comments, Dollar FirmRead More

NZDUSD Elliott Wave : Selling The Rallies At The Blue Box

In this technical blog we’re going to take a quick look at the Elliott Wave charts of NZDUSD. The pair has reached extremes in the cycle from the February 2021 peak. However cycle from the October 21st 2021 peak still shows incomplete sequences. Besides that, AUDUSD and USDCAD still have not reached their extremes in …

NZDUSD Elliott Wave : Selling The Rallies At The Blue BoxRead More

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