"I think a life properly lived is just learn, learn, learn all the time" US Treasury Curve bull steepened overnight on dovish comments from an otherwise hawkish FOMC member Christopher J. Waller, DXY plummeted and Gold prices after being capped at $ 2000 since October finally broke out higher to trade a high of $ 2043. In his speech titled "something appears to be giving, and it's the pace of the economy", Mr. Waller commented that economic growth has moderated and that is more in keeping with progress on lowering inflation. Fed Reserve Board Member Waller said " I am increasingly confident that policy is currently well positioned to slow the economy and get inflation back to 2 percent. That said, there is still significant uncertainty about the pace of future activity, and so I cannot say for sure whether the FOMC has done enough to achieve price stability. But the recent loosening of financial conditions is a reminder that many factors can affect these co...
The specific focus of the Blog is on Global and Domestic interest rates and currencies market. I look at fundamentals to define my bias and corroborate that with a study of price action to put on high conviction trades. The views and opinions are those of author and author alone. ~ Author: Vaishali Bagchi