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Fed's Kashkari on rates, and my EURUSD watch
So Kashkari's out there again, suggesting the Fed might need to hike further if inflation sticks around. It's almost amusing how some of these officials love to talk a big game, only to often pivot later. Nevertheless, it keeps the higher-for-longer narrative alive, which naturally has me watching $EURUSD more closely, particularly for any dip buying opportunities if the USD strength overcooks it. I'm keeping an eye on that 1.07-1.08 area for potential entries.
1 comments · 14 points
The "higher for longer" narrative definitely seems to have more staying power than some anticipated. Are you mainly looking at specific technical levels for EURUSD or more at macroeconomic indicators to time those dip buys?