Euro, EUR/USD, US Dollar, Fed, FOMC, Daly, Treasuries, Energy - Talking PointsEuro support wilted after US Dollar resumed strengtheningThe Fed reminded markets of their intention and yields respondedIf the northern winter is a...
ISM SERVICES KEY POINTS:ISM Services PMI at 56.7 in September versus 56.00 expectedResilient services sector activity data backs case for Fed to remain on a hawkish pathU.S. dollar extends gains on better-than-forecast results
Trade...
With the Fed’s hawkish hammer pounding the financial markets, the selling pressure coincided with events unseen since 2008. Moreover, with the work in progress to reduce inflation poised to push asset prices even...
EUR/USD TALKING POINTSPossible federal gas tax reprieve.Focus shifts to Powell’s testimony tomorrow.Eurozone current account slumps to lowest level since May 2020.EURO FUNDAMENTAL BACKDROPPresident Joe Biden has announced that he may be considering a...
