Re: Usd/Chf – I posted in Asia last night I expected UsdChf to be contained through Monday between 8810 and 8870. A bit wide, not every day is like that. Something substantial would be required to alter that range. Filled long at 8810, took the money at 8850 and now flat. Bias is clearly Usd strength and unless something profound takes place, pre-US close I don’t see the range changing through Tuesday so far.
DLRx 103.80 new week and puppy is down-ish again
elsewise everyone is in range , sofar.
Boring data days until powell’s yik-yaks on wed & Thu and then …
and then Fr’s NFP
Inbetween ECB will entertain with their decision on Th
Looks like dlr’s upside is rather limited which raises the Qtn how about the downside, what is the risk there
Thanks for this post by SF Monege. I just saw it on cable news so it is getting attention.
The U.S. national debt is rising by $1 trillion every 100 days,” Michael Hartnett, chief strategist of Bank of America, wrote in a note to clients seen by CNBC, adding it’s “little wonder ‘debt debasement’ trades closing in on all-time highs, i.e. gold [at] $2077/oz.
Nikkei , March 2, 2024
Odds rise that Japan will lift negative interest rates in March
BOJ Gov. Ueda says outcome of annual wage talks this month will be pivotal
Speaking Thursday in Sao Paulo after a meeting of Group of 20 finance ministers and central bankers, BOJ Gov. Kazuo Ueda said the bank’s target of sustained 2% inflation is “not yet” in sight, and that “we will continue working to confirm” whether a virtuous cycle of wage and price growth is underway.
© 2024 Global View