Tokyo Rose….and Fell? – Slope of Hope with Tim Knight
I’d say the Nikkei is getting ready to disappointment the welfare queens known as bulls. Tokyo Rose….and Fell? Tokyo Rose….and Fell? In order to comment on this blog, you must…
Pro-crypto attorney says there was intentional misconduct by SEC lawyers
Ripple lawsuit may have ended, the XRP community continues to digest the developments with pro-crypto attorney John Deaton. Deaton says there was intentional misconduct by SEC lawyers and people should…
USD/CAD eyes Canadian retail sales
The Canadian dollar is steady on Friday. In the European session, USD/CAD is trading at 1.3573 at the time of writing, up 0.12% today. On the data calendar, Canada releases…
One Country Worked Out – Slope of Hope with Tim Knight
On Monday, well in advance of this week’s absolutely insanity, I suggested going short Brazil by way of EWZ. I’m pleased to say, in spite of all the lifetime highs…
XRP rally rides on Grayscale XRP Trust performance and Ripple stablecoin launch
XRP trades at $0.5879, climbs closer to the psychologically important $0.60 level. Ripple prepares for launch of its stablecoin even as SEC head maintains harsh stance on crypto regulation. Grayscale…
NZ dollar eyes Fed meet, New Zealand GDP
The New Zealand dollar has posted gains on Wednesday. NZD/USD is trading at 0.6211 at the time of writing, up 0.44% on the day. Fed set to cut rates Federal…
Election Maps – Slope of Hope with Tim Knight
This isn’t meant to provoke political discussion. I just love maps, and I love political races, so I find these extra interesting. Nothing more. Election Maps Election Maps In order…
Dow Jones breaches record territory on Monday
The Dow Jones cracked a fresh all-time high during Monday trading. Despite the upside stretch, equities remain tepid overall. Investors are buckling down for the wait to Wednesday’s Fed rate…
Markets Weekly Outlook – Central Banks to Rule the Roost
Federal Reserve’s Upcoming Decision: Markets are split on whether the Fed will cut rates by 25 or 50 bps. Key data releases from China, Japan, the UK, and the US…
Queen is King – Slope of Hope with Tim Knight
By Tim Knight – 10 minutes ago (14, Sep 2024 11:00:00 AM) Queen is King Queen is King In order to comment on this blog, you must have JavaScript installed…
US Dollar declines as markets digest inflation data, rising dovish Fed bets
US Dollar depreciates as investors digest inflation data. Fed rate cut expectations rise following dovish comments. On the data front, Consumer Confidence improves slightly in early September. The US Dollar…
NZ dollar drifting ahead of manufacturing data
The New Zealand dollar is showing little movement on Thursday. NZD/USD is trading at 0.6139 at the time of writing, up 0.05% on the day. New Zealand’s Manufacturing PMI expected…
OLDs-mobile – Slope of Hope with Tim Knight
Here’s a cool way to look at what cars different ages of people like: OLDs-mobile OLDs-mobile In order to comment on this blog, you must have JavaScript installed and enabled.…
Price action now looks at US CPI data
EUR/USD extended its weekly leg lower and approaches the 1.1000 support. The US Dollar traded with minimal gains ahead of US inflation data. Investors look at US CPI and its…
Is EUR/USD Vulnerable Ahead of ECB Meeting…? DXY to Play a Major Role
The US Dollar Index (DXY) has rebounded since Friday’s jobs data release, driven by altered rate cut expectations. EUR/USD is particularly affected by the DXY recovery, with the Euro’s recent…
Sunday Cycles – Slope of Hope with Tim Knight
By Tim Knight – 1 hour ago (08, Sep 2024 9:00:00 AM) Sunday Cycles Sunday Cycles In order to comment on this blog, you must have JavaScript installed and enabled.…
Ethereum dips below $2,300 following August NFP data, JP Morgan weighs in on ETH ETF performance
Ethereum dives nearly 6% after August NFP miss. Based on the AUM ratio to market cap, Ethereum ETFs have performed more or less in line with Bitcoin ETFs one month…
Markets Weekly Outlook – ECB Rates, China and US Presidential Debate in Focus
US jobs data missed estimates, keeping recessionary fears very much in play. US Equities continue their September struggles as Oil falters as well. ECB expected to cut rates amidst slowing…
The Path of AI – Slope of Hope with Tim Knight
Last year, AI peaked. I’m not talking about AI in general (although it did). I’m literally talking about the symbol AI. It has lost well more than half its value,…
XAU/USD battles to regain the $2,500 mark
XAU/USD Current price: $2,496.69 Weaker-than-anticipated United States employment data boosted the mood. The US Treasury yield curve turned flat, signalling decreased recession fears. XAU/USD bounced from a fresh weekly low,…