US 10-YR 4.113% +0.015 ; FED rate: 5.25
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‘The Federal Reserve is now in sync about pushing out rate cuts’: Nick Timiraos The Claman Countdown Feb 07, 2024
concerns …
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… the booming jobs report released Friday, fueled investor worries that rates may stay elevated for much longer.
Wall Street will now look ahead to the swath of Fed speakers this week. Perhaps they will shed more light on the path for rate cuts.
CNBC Daily Open: Wall Street anxious over Fed concerns ( CNBC Daily Open … <strike>international</strike> <i>irrational</i> markets newsletter.
Anyhow…. CHF weakness, Yeah carry works in favor of chf weakness. Behind that is SNB recent communiques indicating chf strength has served its purpose. Maybe they haven’t fully embraced that they want immediate weakness but call it a suggestion. Behind the behind is that Swiss inflation is lowest among the big boys coming around or below 2% which puts them ahead in the crawling race to shift policy. CHF/JPY is a trade a lot of people are watching (selling chf buying jpy to be clear). BOJ when it gets around to it most likely will move in the opposite direction by backing away from yield curve control.
Levels to watch in the absence of being able to post a chart ->
eur/chf the downward sloping trendline on the weekly that currently comes around .9550.
usd/chf -> weekly .9200 daily .8820-.8850
See how….
This was posted by one of our long time GV members right after we launched our redesigned website less than 2 weeks ago
Good evening…
Finding your way on an empty road is sorta spooky. It’s kinda like EUR/USD that way.
It’ll be easier to navigate this place after more people sign on and post some messages.
DLRx 103.96
Fed Governor Kugler backs caution on rates – cnbc
““At some point, the continued cooling of inflation and labor markets may make it appropriate to reduce the target range for the federal funds rate,” Kugler added. “On the other hand, if progress on disinflation stalls, it may be appropriate to hold the target range steady at its current level for longer to ensure continued progress on our dual mandate.”
right adrainna & thks !
for dollar to get new uP oomph looks like puppy be needing new additional energy vectors in the form of posi-data
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