US Dollar Posts Opposing Breaks with EURUSD and USDJPY, S&P 500 Tip Toes Among Bears

US Dollar Posts Opposing Breaks with EURUSD and USDJPY, S&P 500 Tip Toes Among Bears

From dailyfx.com

video While I find great value in determining the most effective driver of the broader financial system – as it can aid in determining whether trends are sustainable or temporary, prone to impending event risk or not – sometimes the ends matter more than the means. While there is no serious indication of panic in the market’s slide, it seems to be increasingly guided by a bias that doesn’t require constant foothold in event risk. If we were in a spiral, there would be no mistaking the panic; but the rapid descent would also more likely find its bottom more quickly, similar to the pandemic slump. Instead, ... (full story)

- Older Stories
Cliff Notes: battling uncertainty the world over
From westpaciq.westpac.com.au|May 13, 2022
Confidence in the economy (and financial instruments) has been a key talking point for markets this week. For Australia’s business sector, NAB’s April survey showed a decline in ...
Re-appraising Eurozone inflation
From economics.rabobank.com|May 13, 2022
We have revised our inflation forecasts to include the effects of a ban on Russian oil and further food price pressures. We now forecast 7.5% inflation for 2022 and 3.6% next ...
Seizures of foreign exchange reserves will not weaken the US dollar’s role as dominant reserve...
From voxeu.org|May 12, 2022
Sanctions imposed by the US on Russia have generated a lively debate about the ability of the dollar to maintain its position as the dominant reserve currency.1 The surprisingly ...

- Newer Stories
In April 2022, consumer prices increased by 0.4% over one month and by 4.8% year on year
From insee.fr|May 13, 2022
In April 2022, the Consumer Price Index (CPI) rose by 0.4% over one month, after +1.4% in March. The prices of energy fell back (−2.5% after +9.0%) linked with the decrease in ...
China eyes incremental policies to shore up growth
From ecns.cn|May 13, 2022
China is mulling new incremental policies to shore up economic growth and will make further adjustments when necessary, a senior economic official said on Thursday. "There is ...
SoftBank's Vision Funds Report Historic US$ 27 Billion Loss
From zerohedge.com|May 13, 2022
While the unraveling of ARK (and its flagship fund ARKK in particular) have come to epitomize the unraveling of the pandemic-era tech boom, Cathie Wood and company are rank ...