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The pace of coming interest rate hikes will depend on the pace of inflation, said Richmond Fed President Tom Barkin on Monday. “I’d like us to be in a better position — somewhere closer to neutral certainly than we are now. And I think the pace of that just depends on inflation,” Barkin said, in […]

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, EURUSD is trading within the “oversold area”. In this case, the price is expected to break -1/8 and then continue growing to reach the resistance at 1/8. Still, this scenario may no longer be valid if the price breaks -2/8 to the […]

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Hammer reversal pattern close to the support level. At the moment, EURUSD is reversing and may form a new rising impulse. In this case, the upside target may be at 1.1205. However, an alternative scenario implies that […]

The yield curve for US Treasury bonds is expected to flatten and perhaps invert this year, according to Standard Chartered. The U.S. Treasury yield curve is likely to be totally flat by mid-year as the Federal Reserve raises interest rates, although growth is questioned, and may invert by year’s end, Standard Chartered bank strategists stated […]

Gold prices are rising and heading for the largest monthly decline since September Gold prices rose in trading on Monday, but the precious metal is heading for the largest monthly decline since last September. This comes amid market expectations that the US Federal Reserve will raise interest rates on the back of key economic data, […]

Potentially downbeat US macro surprises in January should be a key test of the strength of the dollar rally post-FOMC meeting. However, a possible disappointment, in my opinion, will be short-lived, since the Fed shouldn’t be spooked with one or bad reports. In addition, the driver of the slack is known, and it is also […]