by OverviewFX | Aug 21, 2024 | Forex
Markets The ‘waiting game’ continued today in Europe and at the onset of the US trading session, counting down in the first place to today’s BLS payrolls revisions and to the Minutes of the Fed July 31 policy meeting later today. Even the $16 bn sale of 20-y US...
by OverviewFX | Aug 21, 2024 | Forex
Since the end of last week, the Yen has regained ground against the Dollar and the Euro in what looks like a new round of appreciation. So far, this seems to be an independent theme for the Yen’s rise, without any deterioration in sentiment in the equity and bond...
by OverviewFX | Aug 21, 2024 | Forex
According to a report from the US Bureau of Labor Statistics, the economy created -818k fewer jobs than initially reported in the 12-month period through March 2024. This significant revision means that actual job growth was nearly -30% less than the originally...
by OverviewFX | Aug 21, 2024 | Forex
Part III: A New Toolkit To Predict Soft-Landings, Stagflation and Recessions Summary In the third installment of this series, we introduce a probit framework to generate four-quarter-out probabilities of three scenarios: recession, stagflation and soft-landing....
by OverviewFX | Aug 21, 2024 | Forex
Bitcoin prices are currently range-bound, the range between 56,561 and 61,750 is keeping both buyers and sellers cautious. Mt. Gox moved 13,265 Bitcoins totaling and estimated $780 million. The first major move by the bankrupt exchange since July 30. According to...
by OverviewFX | Aug 21, 2024 | Forex
EURUSD reduced speed after steep rally in past three days which hit new 2024 top (1.1132) just ticks ahead of Dec 2023 top (1.1139). The single currency continues to benefit from risk appetite and weak dollar on Fed rate cut expectations, with release of FOMC minutes...
