Market in Review 12/13/2023

MARKET REPORT Review: – Dollar smoked – The Summary of Economic Projections showed that the FOMC expects the Fed Funds rate to be 4.75% vs 5.25% previously projected – Dollar down vs EVERYTHING. AUD +1.65%, Euro -0.75%, Pound +0.4% (underperformer, hint, it’s a buy), Yen SMOKED -2.3%! (Yesterday you got long and were wrong. 140 […]

Market in Review 12/1/2023

Man working at laptop in nature

MARKET REPORT Review: – Dollar Down post Powell. Dollar down vs AUD at 66.71 +67 pips/+1%, UP SMALLS vs EUR at 91.89 +9 pips/0.1%, down 83 pips vs Pound 127.09 +0.65%, and smoked vs the Yen, 146.85 -135 pips/0.9%. Dow/ES UP (D up 300 points) +0.9% & 0.6%, ND up smalls 0.3%, closes above 16k. […]