Kathy Lien
BK Asset Management
Knowing what is priced in for Fed rate hikes or cuts is essential to understanding market movements.
This video shows where to find changes in interest rate expectations and how to interpret the data.
Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.
Editors’ Picks
EUR/USD holds steady at around 1.0750 ahead of US CPI
EUR/USD continues to trade sideways near 1.0750. The cautious market mood helps the US Dollar remain steady as investors gear up for crucial macroeconomic data releases and central bank meetings this week, including US CPI on Tuesday, the Fed on Wednesday, and the ECB on Thursday.
GBP/USD finds support above 1.2540
GBP/USD rebounded after finding support at the 1.2540 area and climbed toward 1.2570, on a quiet session. October labor market data from the UK and November inflation data from the US will be released on Tuesday ahead of the Fed's and the BoE's policy meetings.
Japanese Yen erases a major part of last week's gains, slumps to mid-146.00s against USD
The Japanese Yen drifts lower for the second straight day against the US Dollar. Diminishing odds for an imminent shift in the BoJ’s policy shift undermine the JPY. The USD draws support from reduced bets for early interest rate cuts by the Fed. Investors look to the US CPI and the FOMC decision this week for a fresh impetus.
Editors’ Picks
EUR/USD holds steady at around 1.0750 ahead of US CPI
EUR/USD continues to trade sideways near 1.0750. The cautious market mood helps the US Dollar remain steady as investors gear up for crucial macroeconomic data releases and central bank meetings this week, including US CPI on Tuesday, the Fed on Wednesday, and the ECB on Thursday.
GBP/USD finds support above 1.2540
GBP/USD rebounded after finding support at the 1.2540 area and climbed toward 1.2570, on a quiet session. October labor market data from the UK and November inflation data from the US will be released on Tuesday ahead of the Fed's and the BoE's policy meetings.
Gold extends daily slide toward $1,980 Premium
Gold price remains under heavy bearish pressure and trades at its lowest level in nearly three weeks at around $1,980. The benchmark 10-year US Treasury bond yield is up more than 1% on the day, weighing on XAU/USD ahead of this week's key macroeconomic events.
Bitcoin price backtracks to $40,000 as whales move to sell $671 million worth of BTC
Bitcoin price crashed on Monday for the first time in nearly three weeks. The market was expecting a bullish continuation until the Securities & Exchange Commission (SEC) approves a spot BTC ETF in January 2024.
Big week ahead for commodities with FOMC, ECB and BOE in focus – What's next?
The most highly anticipated week of the year and quite possibly the most pivotal moment in monetary policy history is finally here – as central banks from Washington to Frankfurt to London and beyond prepare to deliver their final interest rate decisions of 2023.
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