LMAX Group Research Desk
LMAX Group
Expectations for a larger 50 basis point rate cut from the Fed continue to rise, now sitting at about 65%. The big takeaway here is that the market has been anything but worried about this prospect. As this expectation has increased, so too has investor risk appetite.
Any opinions, news, research, analyses, prices or other information ("information") contained on this Blog, constitutes marketing communication and it has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Further, the information contained within this Blog does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of, or solicitation for, a transaction in any financial instrument. LMAX Group has not verified the accuracy or basis-in-fact of any claim or statement made by any third parties as comments for every Blog entry. LMAX Group will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. No representation or warranty is given as to the accuracy or completeness of the above information. While the produced information was obtained from sources deemed to be reliable, LMAX Group does not provide any guarantees about the reliability of such sources. Consequently any person acting on it does so entirely at his or her own risk. It is not a place to slander, use unacceptable language or to promote LMAX Group or any other FX, Spread Betting and CFD provider and any such postings, excessive or unjust comments and attacks will not be allowed and will be removed from the site immediately. LMAX Group will clearly identify and mark any content it publishes or that is approved by LMAX Group. FX and CFDs are leveraged products that can result in losses exceeding your deposit. They are not suitable for everyone so please ensure you fully understand the risks involved. The information on this website is not directed at residents of the United States of America, Australia (we will only deal with Australian clients who are "wholesale clients" as defined under the Corporations Act 2001), Canada (although we may deal with Canadian residents who meet the "Permitted Client" criteria), Singapore or any other jurisdiction where FX trading and/or CFD trading is restricted or prohibited by local laws or regulations. LMAX Limited operates a multilateral trading facility. LMAX Limited is authorised and regulated by the Financial Conduct Authority (firm registration number 509778) and is a company registered in England and Wales (number 6505809). Our registered address is Yellow Building, 1A Nicholas Road, London, W11 4AN.
Recommended Content
Editors’ Picks
EUR/USD stays depressed below 1.1150 ahead of German ZEW data
EUR/USD trades on a softer note below 1.1150 amid the modest US Dollar uptick in European trading on Tuesday. Traders turn on the sidelines ahead of the critical two-day Fed policy meeting, starting Tuesday. Meanwhile, Germany's ZEW and US Retail Sales data will provide trading incentives.
GBP/USD defends 1.3200, looks to US Retail Sales for impetus
GBP/USD is holding steady above 1.3200 in the European session on Tuesday. Rising Bets for a 50 bps Fed rate cut keep the US Dollar on the defensive and support the pair. Traders now look to the US Retail Sales to grab short-term opportunities later this Tuesday.
Gold prods overbought zone, shy of $2,600 as Fed meeting looms
Gold price is just a hairline short of the new record high of $2,590 reached Monday, as buyers take a pause heading into the highly anticipated two-day US Federal Reserve monetary policy meeting, starting on Tuesday.
Bitcoin approaches its $56,000 support level
Bitcoin is approaching a crucial daily support level of $56,000, hinting at a possible recovery. Ethereum faced rejection from the resistance level, suggesting a downward trend with weak momentum. In contrast, Ripple has bounced above the 100-day EMA, indicating a continued upward trend.
Five Fundamentals for the week: Fed overtowers pivotal week for Gold, stocks and the US Dollar Premium
The Fed's first rate cut stands out as economic uncertainty mounts. US Retail Sales and Jobless Claims are of high interest. Rate decisions by central banks in the UK and Japan are also pivotal.
Moneta Markets review 2024: All you need to know
VERIFIED In this review, the FXStreet team provides an independent and thorough analysis based on direct testing and real experiences with Moneta Markets – an excellent broker for novice to intermediate forex traders who want to broaden their knowledge base.