The US dollar managed to recover in the week after Thanksgiving on positive data, upbeat Fed statements, imminent tax cuts, and despite a major development in Trump’s troubles. The Non-Farm Payrolls is the key event and we also have rate decisions from Australia and Canada Here are the highlights for the upcoming week. Australian rate decision: Tuesday, 3:30. This is the last decision of the year and the RBA does not meet in January. ...
US Dollar Forecast – USDollar an Anti-Brexit Haven – For Better or Worse The Dollar usually exacts its influence over the rest of the FX market by virtue of its size. British Pound Forecast - British Pound Braces for Massive Volatility in Two Weeks Ahead This time next week, unless something unexpected takes place, we will finally have the results of the widely-awaited upon Brexit referendum. ...
Week Ahead: The question about the importance of the ‘Yellen put’ as a driver of the risk rally will become more relevant next week "The question about the importance of the ‘Yellen put’ as a driver of the risk rally will become more relevant next week when US data could highlight the temporary nature of the latest economic slowdown and the continuing tightening of US labour market conditions. Given how entrenched the latest USD-bearishness ...
Ben Bernanke waited for certainty before making changes to monetary policy. Under Bernanke, the Fed took far longer than expected to taper its third round of bond buying. Yellen and members of the FOMC, although they would surely send markets scrambling, might not be entirely crazy to ask for more time before raising rates. Two justifications for raising rates are steady jobs gains over the course of 2015, which have brought the unemployment ...
The Big Economic Unknowns of 2015, From Unemployment to Oil (Upshot)Ride Winners and Cut Losers. Period. (Alpha Architect)Wall Street Firms Endure Lost Decade After Goldman Peak in 2007 (Bloomberg)Yellen Finishes 2014 with a Win (Reformed Broker)How to debunk false beliefs without having it backfire (Vox)What the stock market can teach you about your own personality: Money brings out the insecurity in everyone. But here’s the good news: you can defeat it (The Guardian)Bloomberg ...