S&P 500, FOMC, BOE, GBPUSD, NFPs and USDCAD Talking Points:
- The Market Perspective: USDJPY Bearish Below 146; EURUSD Bullish Above 1.0000; Gold Bearish Below 1,680
- The Fed’s rhetoric following its fourth 75bp rate hike this past week continued to fan the flames of speculative uncertainty and Dollar buoyancy
- Conspicuously, the DXY suffered its worst single-day drop in 7 years to end this past week, is this a trend in the making with CPI and UofM ahead?
Recommended by John Kicklighter
Building Confidence in Trading
The Erosion of Risk Trends Via S&P 500 Paired Against the Uncomfortable Stoicism of VIX
The Federal Reserve managed to extend the market’s anxiety rather than offer the relief many were expecting after various peers throttled back on their inflation fight. While Chairman Powell and other Fed members speaking soon after the fourth 75 basis point (bp) rate hike was announced were making the effort to…
