Youtrading UK
Português Español русский
Register Login
  • Markets
  • Charts
  • Economic Calendar
  • World
  • Economy
  • Insights
  • About Us
No Result
View All Result
Youtrading UK
  • Markets
  • Charts
  • Economic Calendar
  • World
  • Economy
  • Insights
  • About Us
No Result
View All Result
Youtrading UK
No Result
View All Result

Central Bank Rate Hike battles continue as Uncertainty looms

by Nathan Batchelor
19 April 2022
in Markets
0
Central Bank Rate Hike battles continue as Uncertainty looms
421
SHARES
12.3k
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

Midday Update

Markets were agile early Tuesday morning as investors resume trading after the Easter break. The Central banks continue to battle inflation and Traders continue to assess the Fed’s tightening policy.

Fed member Bullard indicated the Fed needs to move more quickly; boosting the Dollar strength as he projects a 75bps as early as the May meeting. RBNZ Governor Orr gave a more hawkish outlook on Monday as he expects to be implementing more rate hikes in the quarter ahead.

The geopolitical tensions renew as Russia embarks on a new campaign as they attack Donbas. President Vladimir Putin brags that sanctions against Russia have failed to suffocate their plans, pointing to a long future of uncertainty for investors. The Shanghai covid deaths continue to surge adding to economic uncertainty for the markets in the near term as China continues to enforce lockdowns.

The Dollar index soared by +0.11% as prospects of an aggressive Fed rate hiking boosts the Dollar strength. The index made a new 2-year high after sweeping above 101.00 high in the early European session. A break above that area may open room for further upside towards 102.00 psychological resistance. Investors focus on the Biden call with allies and Housing data for March.

AUDJPY surged by +1.30% early European session post hawkish RBA meeting minutes indicating interest rates hikes could be experienced earlier than forecasted. The fundamentals have boosted the AUD currency in the near-term while rising commodity prices push the commodity-based pair higher. The pair broke the 94.35, a 22 March high making a fresh 7-year high at 94.95. AUDJPY reinforces bullish momentum and upside gains may target a 98.00 near-term barrier.

NZDJPY jumped higher by +1.21% making a new monthly high ahead of the Global Trade Price Index. The pair made a new monthly high at 86.84 although bulls remain capped by the 87.00 psychological barrier.

Governor Orr also boosted the hawkish sentiment in the near term. The BoJ remains neutral on the policy as the Yen tumbles to multi-year lows.

European stocks opened lower ahead of Wednesday’s European inflation data. The Dax was down by -0.77% and bears may target 13500 as ECB decides on tightening. The CAC40 dropped by -0.70% as the short-term rally remains short-lived. The index may retest 6400, the monthly low if 6600 continues to hold.

The FTSE dropped by -0.17% as bulls remain capped by 7700 near-term high and a break below 7500 may reinforce a bearish outlook. Investors watch out for Euro CPI on Thursday.

US stock futures edged lower as Treasury yields soars due to inflation fears. The Nasdaq futures tanked by -0.58% as bulls found a near-term resistance at 14000. S&P500 edged lower by -0.38% as bears breaks below a 4400.00 near-term support pre-market bell. The Dow Jones Industrial index lost -0.26% and bears may target 34000 near-term support.

The Benchmark US 10-year yield rose +1.08% as bulls attempt to reclaim 3.00%. The Fed member Bullard’s hawkish sentiments caused the boom as inflation worries continue to grow. A room for upside movement remains relevant towards 3.26% unless the yields fall below 2.65%.

Tags: CENTRAL BANKEURFedNZDRUSSIAUSDYEN
Previous Post

Australia’s dollar starts the day strong thanks to RBA meeting minutes

Next Post

Continuation Trade, During A Trend

Next Post

Continuation Trade, During A Trend

CALL US

Categories
  • Commodities
  • Economy
  • Forex
  • Index
  • Insights
  • Markets
  • Opening of the Week
  • Sem categoria
  • Stocks
  • World

Site Map

  • Home
  • Markets
  • Charts
  • Economic Calendar
  • World
  • Economy
  • Insights
  • About Us
Português Español русский

A comprehensive website for traders, both experienced and new! Checkout our content and learn how to invest and speculate in the markets using margin traded products. Our team of educators has extensive experience and is here to help. Enjoy!

Follow us on social media

Risk Warning

All financial products traded on margin carry a high degree of risk to your capital. They are not suited to all investors, please ensure that you fully understand the risks involved, and seek independent advice if necessary.

All Rights Reserved - YouTrading UK 2020

Privacy Policy and Terms and Conditions
  • Home
  • My Academy
    • Register Now
    • Login
  • Markets
    • Opening of the Week
    • Stocks
    • Commodities
    • Forex
    • Index
  • Charts
  • Economic Calendar
  • Economy
  • World
  • Insights
  • About Us
No Result
View All Result

© 2020 YouTrading UK - Leaders in Trader Training.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
__cfduid1 monthThe cookie is used by cdn services like CloudFare to identify individual clients behind a shared IP address and apply security settings on a per-client basis. It does not correspond to any user ID in the web application and does not store any personally identifiable information.
_wpfuuid11 yearsThis cookie is used by the WPForms WordPress plugin. The cookie is used to allows the paid version of the plugin to connect entries by the same user and is used for some additional features like the Form Abandonment addon.
cf_use_obThis cookie is set by the provider Cloudflare content delivery network. This cookie is used for determining whether it should continue serving "Always Online" until the cookie expires.
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-advertisement1 yearThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Advertisement".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
CookieDurationDescription
YSCsessionThis cookies is set by Youtube and is used to track the views of embedded videos.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
CookieDurationDescription
_ga2 yearsThis cookie is installed by Google Analytics. The cookie is used to calculate visitor, session, campaign data and keep track of site usage for the site's analytics report. The cookies store information anonymously and assign a randomly generated number to identify unique visitors.
_gid1 dayThis cookie is installed by Google Analytics. The cookie is used to store information of how visitors use a website and helps in creating an analytics report of how the website is doing. The data collected including the number visitors, the source where they have come from, and the pages visted in an anonymous form.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
CookieDurationDescription
_fbp3 monthsThis cookie is set by Facebook to deliver advertisement when they are on Facebook or a digital platform powered by Facebook advertising after visiting this website.
fr3 monthsThe cookie is set by Facebook to show relevant advertisments to the users and measure and improve the advertisements. The cookie also tracks the behavior of the user across the web on sites that have Facebook pixel or Facebook social plugin.
IDE1 year 24 daysUsed by Google DoubleClick and stores information about how the user uses the website and any other advertisement before visiting the website. This is used to present users with ads that are relevant to them according to the user profile.
test_cookie15 minutesThis cookie is set by doubleclick.net. The purpose of the cookie is to determine if the user's browser supports cookies.
VISITOR_INFO1_LIVE5 months 27 daysThis cookie is set by Youtube. Used to track the information of the embedded YouTube videos on a website.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
CookieDurationDescription
_gat_UA-42160853-21 minuteNo description
cf_ob_infoNo description
CONSENT16 years 8 months 3 days 6 hours 2 minutesNo description
SAVE & ACCEPT
Powered by CookieYes Logo