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.
Written on December 6, 2022 at 8:52 am
Categories: Daily Financial News
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.
Written on December 4, 2022 at 10:23 am
Categories: Daily Financial News
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.
Written on December 2, 2022 at 7:47 am
Categories: Daily Financial News
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.
Written on December 1, 2022 at 7:18 am
Categories: Daily Financial News
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