Jump to content

Risk event for the week starting 14 March: Fed rate decision


Recommended Posts

Had the Russian invasion of Ukraine not happened there would have been the debate as to whether the Federal Reserve would have restricted the Wednesday 16 March rate decision to just 50 basis points (bps).

 

 

Now, despite evidence of increasingly hot US economic data with inflation running at well over generation highs, the debate is whether the economy will withstand anything more than 25bps, because of the effects of the invasion.

IGTV’s Jeremy Naylor caught up with Warren Venketas from Daily FX who discusses not the hike, because he is convinced it will be just a quarter point, but the surrounding rhetoric which, he says, is likely to be hawkish.

He looks at a trade around the Dollar Basket.

 

IG logo.PNG

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      23,076
    • Total Posts
      95,532
    • Total Members
      43,697
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    moose
    Joined 05/10/23 00:10
  • Posts

    • Elliott Wave Analysis TradingLounge Daily Chart, 5 October 23, Bitcoin/U.S. dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Flat Position: Wave((C)) Direction Next higher Degrees: wave II of Motive Wave Cancel invalid level: 28635 Details: Wave ((C)) trend move to 138.2% of Wave ((A)) at 23214.83 Bitcoin/U.S. dollar(BTCUSD)Trading Strategy: The increase from Level 26026 destroyed the Triangle Formation, but even so, the W.C.Invalid Level was not destroyed. We are still looking for a wave 5 decline. Bitcoin/U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, RSI is a Bullish divergence. TradingLounge Analyst: Kittiampon Somboonsod, CEWA Source : Tradinglounge.com get trial here! Elliott Wave Analysis TradingLounge 4H Chart, 5 October 23 Bitcoin/U.S. dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Double Corrective Position: Wave 4 Direction Next higher Degrees: wave ((C)) of Flat Wave Cancel invalid level: 28635 Details: the increase in wave 4 before decline in wave 5 Bitcoin/U.S. dollar(BTCUSD)Trading Strategy: The increase from Level 26026 destroyed the Triangle Formation, but even so, the W.C.Invalid Level was not destroyed. We are still looking for a wave 5 decline. Bitcoin/U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, RSI is a Bullish momentum.
    • Summary: Still expecting another low for indices, the current move up part of a corrective rally. Normally I look for indices lead from stocks, however some stocks are displaying strength and some weakness so this mix bag is showing up in the Nasdaq 100 pattern as a probable wave four triangle at the current low. Trading Strategies: Nil Video Chapters 00:00 SP 500 (SPX)  05:02 NASDAQ (NDX) 08:26 Russell 2000 (RUT) 10:43 DAX 40 (DAX) 16:07 FTSE 100 UKX (UK100) 22:15 ASX 200 (XJO) 38:47 End Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com   Access Trial  
    • A lot of transformation is happening to BNB at the moment with the integration of bitcoin lightning network and Optimism especially with opBNB birth but that has not reflected in users confidence primarily because of the many negativities surrounding the platforms operations in North America and Australia. BGB on the other is gaining traction and value because a lot of investment is going into the development of the ecosystem recently with the injection of $100M and also improved partnership deals
×
×
  • Create New...
us