Patience, let the trade come to you.
-
FX Risk Aversion Deepens – What to Expect Next Week
Currencies and equities extended their sell-off on Friday as risk aversion in the financial markets deepened. The Dow Jones Industrial Average over 400 points for the tenth straight day. Today’s decline was the biggest one day slide since February. The market heard the Federal Reserve loud and clear this week and are preparing for an inevitable reduction in asset purchases. Stocks are selling off because less central bank bond buying is generally negative for bond prices and positive for yields. A rise in yields leads to a rise in borrowing costs which can hit the bottom line for U.S. businesses. Interestingly ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jun 18, 2021 5:46pm Jun 18, 2021 5:46pm
- PokerChip
- Joined Mar 2018 | Status: Member | 3 Comments
- Comment #2
- Quote
- Jun 18, 2021 6:11pm Jun 18, 2021 6:11pm
- Guest
- | IP XXXX:58d4:2823
- Comment #3
- Quote
- Jun 18, 2021 6:54pm Jun 18, 2021 6:54pm
- Temujin
- Joined Dec 2013 | Status: Member | 46 Comments
Be humble or be humbled.
- Comment #4
- Quote
- Jun 19, 2021 4:34am Jun 19, 2021 4:34am
- RossEdwards
- Joined Jun 2019 | Status: Member | 3299 Comments
Warning: A Dangerous Subversive: 1% of comments CoCed
- Comment #5
- Quote
- Jun 19, 2021 7:43am Jun 19, 2021 7:43am
- Temujin
- Joined Dec 2013 | Status: Member | 46 Comments
Be humble or be humbled.
- Comment #6
- Quote
- Jun 19, 2021 2:36pm Jun 19, 2021 2:36pm
- Banditten
- Joined Sep 2019 | Status: Member | 1473 Comments
- Comment #7
- Quote
- Jun 20, 2021 2:25am Jun 20, 2021 2:25am
- trumps
- Joined Mar 2020 | Status: Member | 538 Comments
Compulsions can be hard to resist
- Comment #8
- Quote
- Jun 20, 2021 2:36am Jun 20, 2021 2:36am
- trumps
- Joined Mar 2020 | Status: Member | 538 Comments
Compulsions can be hard to resist
- Comment #9
- Quote
- Jun 20, 2021 4:34am Jun 20, 2021 4:34am
- RossEdwards
- Joined Jun 2019 | Status: Member | 3299 Comments
Warning: A Dangerous Subversive: 1% of comments CoCed