Page 8 - Christopher Vecchio News Today

The Ministry of Finance’s efforts are unlikely to produce a lasting reversal in the Yen, so long as the Bank of Japan’s QQE with yield curve control policy remains in place.

Gold prices haven’t been able to stage a recovery above 1680.

Rates markets see a 100% chance of a 75-bps rate hike in September.

Chief Strategist John Kicklighter and Senior Strategist Christopher Vecchio, CFA discuss the September Federal Reserve rate decision.

Markets coil ahead of a anxiously anticipated Federal Reserve rate decision, with stocks grasping as support whilethe US Dollar tests key resistance.

Technical weakness is gathering pace among the major NZD-crosses.

Silver prices are holding onto a multi-month descending trendline.

The focus this week is squarely on central banks.

Fed Chair Powell may need to deploy an aggressive tone this week to help the US Dollar.

The major EUR-crosses tell different stories.