Markets: The chase is sometimes better than the catch. Lemmy knew. Scooter knew. And now we know. Since the start of the week, investors have been chasing down bond yields. In Europe, anticipation on lower inflation numbers offer part of the explanation. ECB Lagarde switching focus from policy rates to halting PEPP reinvestments ahead of […]
Dec 15, 2023
Technical Outlook and Review
DXY: The DXY (US Dollar Index) chart currently shows an overall bearish momentum, indicating a potential for price to make a bearish continuation towards the 1st support. The 1st support level at 101.46 is identified as an overlap support that aligns with a confluence of Fibonacci levels i.e. the 161.80% extension and the 61.80% projection […]
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