Trade Zone Week Ahead with Vee Phan (TrackRecord): 22nd – 26th May
The U.S. Dollar maintained its recent gains and approached two-month highs as it consolidated its position at the end of last week. This movement mirrored the subdued performance observed in the U.S. Treasury yields across the board. Even so, the sentiment was that the data at this time does not support skipping an interest rate hike in the June meeting. Therefore, all eyes were on Fed Chair Powell’s comments on Friday, and this week’s developments regarding the debt ceiling conversation.
We keep the discussion going this week, building upon the insightful session from the previous week. Vee maintains his focus on the upcoming data releases and places significant emphasis on the discussions surrounding the U.S. Debt Ceiling. Furthermore, he dives deeper into his analysis of the selected assets for the week, providing a comprehensive understanding of the potential scenarios that may unfold in the new trading week. To gain valuable insights into his views for the upcoming trading week, make sure to join today’s live stream at 7AM BST (4PM AESDT).
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