“There is a long-standing myth that the interest rate market follows the Central Bank but in truth the evidence over a long time shows the opposite. Central Banks follow the market.”
USDCAD at decade-long resistance-turn-support. What are prospects of breaking this level in conjunction with second rate hike? Retracement before that?
FB poll among Singapore stock market investors show most favour buying stocks if interest rates go to negative. This rush to yield explains why stock markets are rallying.
High volatility, fireworks accompanying BOJ policy statements these days must be a new trend. Calm and efficient are not words to describe.
Is the Fed managing a slow reversal for the US Dollar? Reminder that there are really two important levels to look at the DXY. Log-in required.
Is there going to be a rate hike this coming FOMC? There is an angle that suggests a very likely hike coming this week.
Afternoon 3.30pm entertainment: Do you want the blue pill or the red pill? #inyourface #trading #alientechnology Log-in required.