The Collapse of Central Bank Forward Guidance
2023 was a year that lessened the stature of central bank forward guidance. Forward guidance is a tool used by central banks to communicate monetary policy projections.
2023 was a year that lessened the stature of central bank forward guidance. Forward guidance is a tool used by central banks to communicate monetary policy projections.
Another year and another lesson learned. As a day trader navigating the fast-paced and volatile world of financial markets, one crucial lesson stands out above the rest in 2023: mastering risk aversion.
Oil prices have faced renewed selling pressure over the past two days, sliding around 2.6% at the time of writing. Is a retest of the $70 a barrel mark on the cards?
Outlook on S&P 500 and Nasdaq 100 as trading becomes lighter towards year-end.
AUD prices continue their ascent as US economic data comes into focus later today.
This article examines the technical outlook for gold (XAU/USD), EUR/USD and GBP/USD, identifying key price thresholds expected to be influential as 2023 draws to a close.