Category: Staying

  • RBA Holds Rates Steady, Staying Hawkish on Elevated Inflation Risks

    As expected, RBA The Reserve Bank of Australia (RBA) kept interest rates unchanged at 4.35%. In November. The Reserve Bank of Australia acknowledged that headline inflation has fallen sharply due to lower fuel and energy prices, but warned it could rise again as the cost of living declines. Core inflation,…

  • RBA Holds Rates Steady, Staying Hawkish on Elevated Inflation Risks

    As expected, RBA The Reserve Bank of Australia (RBA) kept interest rates unchanged at 4.35%. In November. The Reserve Bank of Australia acknowledged that headline inflation has fallen sharply due to lower fuel and energy prices, but warned it could rise again as the cost of living declines. Core inflation,…

  • Morgan Stanley: We expect a string Fed cuts through mid-2025; staying short USD/JPY

    USDJPY Daily Morgan Stanley expects a series of 25 basis point rate cuts by the Fed through mid-2025, and recommends maintaining short positions in USD/JPY, targeting a move towards 138. Key points: Federal Open Market Committee Interest Rate Decision: The Federal Open Market Committee cut the federal funds rate by…

  • Morgan Stanley: We expect a string Fed cuts through mid-2025; staying short USD/JPY

    USDJPY Daily Morgan Stanley expects a series of 25 basis point rate cuts by the Fed through mid-2025, and recommends maintaining short positions in USD/JPY, targeting a move towards 138. Key points: Federal Open Market Committee Interest Rate Decision: The Federal Open Market Committee cut the federal funds rate by…

  • EURJPY sellers have been leaning. That is staying below the 100 day MA, & the 100 hour MA

    When technical levels overlap and you find sellers (or buyers) leaning towards that level, this should give traders the impression that it is a “key risk-focused level.” This means that if the price cannot get back above that level, sellers (or buyers) are in control of the market. Furthermore, if…

  • President Biden steadfast on staying in the race. ‘I’m not going anywhere.’

    President Joe Biden used The highly anticipated press conference Obama on Thursday delivered a forceful defense of his foreign and domestic policies, fending off questions about his ability to remain in office for another four years even as he failed to mention Donald Trump in one of his first answers.…