About: jamie

Recent Posts by jamie

Risk off sentiment hurts stocks, helps the buck

USD went bid after a hawkish reaction to the ISM Services data which topped analyst expectations. The DXY found support at the August low, rising 0.7% and rebounding from 104.63.

Week Ahead: Risk sentiment buoyant as central bank meetings loom

Fed Chair Powell’s speech last week gave a boost to risk and stock markets as he appeared confident in the central bank’s ability to eventually bring inflation back to target.

USD looks for support ahead of key US jobs data

USD fell 1.2% against half a dozen peers on the DXY. Prices have dropped to the August low at 104.63 and below the 200-day SMA at 105.55.

Market Recap (November): Lower price pressures, higher stocks

It’s been a month of dollar weakness and equity gains, propelled by hopes the world has seen peak inflation and a slower pace of Fed rate hikes.

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