Hawkish fed pushes $ to pitchfork slope
After the already priced in 25bps cut from the fed on Wednesday followed by hawkish commentary from Jerome Powell (One and done sentiment for cuts) the dxy pushed to a 2 year high and right into a key long-term technical level.
However, following that decision, the US had some weak ISM manufacturing data on Thursday & potentially a rise in tariffs on China announced by Trump
Data releases will be key, with any weakening data likely to push a 50bps cut potential higher
daily
2hr
However, following that decision, the US had some weak ISM manufacturing data on Thursday & potentially a rise in tariffs on China announced by Trump
Data releases will be key, with any weakening data likely to push a 50bps cut potential higher
daily
2hr
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.