Key to last week was the WSJ report that the Federal reserve will “ease up” on its quantitative tightening. Not only has the Fed been hiking rates but it has been reducing its balance sheet. Both of these are forms of tightening. Slowing down the reduction of the balance sheet should have a stimulatory effect and in particular be positive for stocks. Of course, it is also dollar negative.
Gold received a boost on this news, and staged a low-volatility breakout.
Gold received a boost on this news, and staged a low-volatility breakout.
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Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.