What is happening that is causing what we see now
This is the Move index.
It measures the volatility in the Bond market.
The higher it goes, the more volatility.
It was said a reading above 150 means Fed losing control. It has now approach level seen in 2020.
Market may be hoping that the Fed will step in to save the day, either with QE or RATE CUT.
But the question remain if Fed will do so with current INFLATION. My guess is NOT as Powell had said repeatedly.
Lets be cautious. If Fed remain steadfast, EURUSD will fall.
It measures the volatility in the Bond market.
The higher it goes, the more volatility.
It was said a reading above 150 means Fed losing control. It has now approach level seen in 2020.
Market may be hoping that the Fed will step in to save the day, either with QE or RATE CUT.
But the question remain if Fed will do so with current INFLATION. My guess is NOT as Powell had said repeatedly.
Lets be cautious. If Fed remain steadfast, EURUSD will fall.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.