About: josephine

Recent Posts by josephine

US ISM Services PMI Misses Forecast, Bolstering Dovish Fed Bets and Shifting Market Positioning

July ISM Services PMI missed forecasts at 54.1, signaling slower growth; markets may price dovish Fed.

Sterling under pressure as Rabobank flags BoE repricing and October budget risk for EUR/GBP

Sterling weakens as BoE hike expectations fade; Rabobank targets EUR/GBP dip buys, budget risks pressure pound.

DAX eyes 26,702 as Elliott Wave five rally builds after 25,900 breakout

DAX remains bullish in Elliott Wave red wave 5, targeting 26,702; buy dips, stop below 24,651.

Bessent pledge to support yen prompts USD/JPY pullback focus as Japan repo access expands

Bessent vows yen defense; USD/JPY rebounds near retracements as data, Iran tensions drive option-based trading strategies.

Kashkari Signals Softer Rate Stance as Markets Eye Dollar and Treasury Yield Consolidation

Kashkari signaled no dramatic rate hikes, emphasizing inflation reduction amid easing hawkishness, supporting range-bound dollar and yields.

Recent Comments by josephine

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