im betting on a 25 basis cut with a very dovish press conference. might see a spike up on usd initially but as the press finishes we should see a retracement

Traders brace for least predictable Fed meeting in years

i see gold retracing to 2520-2525 or possibly even lower to 2470 before we see it continue its uptrend

US retail sales top Wall Street estimates in August

he will drop out

White House spokesperson denies Biden considering dropping out

bro youve been saying buy BTC for long time. dont be stuck in confirmation bias. technically btc is looking bearish currently. let the market form a bottom you will get a better entry if you give it time .. if you ask me BTC has potential to drop to ...

US Services PMI at 48.8%; June 2024 Services ISM Report On Business

respectfully disagree. i will say get ready for a big USD pump by end of today or end of week. too many political uncertainties in Europe and still policy rate divergences with other CB. EURUSD should test 1.08 and drop

ADP US National Employment Report: Private Sector Employment Increased by 150,000 Jobs in...

Yup agree with this 164-165

Japan's Hayashi: Will Take Appropriate Steps On Excessive FX Moves, Important For Currencies...

usdjpy to 165

Japan's Kanda: to take necessary action on foreign exchange if needed

Price Action still points to USD strengthing more this month. my estimation is USD will peak early next month and should begin to drop after NFP OR CPI numbers(early next month). My analysis suggests DXY : 108.50 EURUSD: 1.04-1.05 GBPUSD: 1.2350 ...

US Producer Price Index - May 2024

in my opinion thats when i would place big buy order but lets see . take it one day at a time

Pound To US Dollar Rate Jumps Higher On Lower Than Expected US Inflation Data

personally i see gbpusd visiting 1.22/1.23 again. id bet usd strength going to persist for this month

Pound To US Dollar Rate Jumps Higher On Lower Than Expected US Inflation Data

great summary.

Inflation Guy’s US CPI Summary (May 2024)

UJ to 165's

The US Employment Situation -- May 2024

Remember what i said about the ADP. too unreliable. This confirms atleast no cut until september. you should start to see USD make another yearly high due to divergence from other CB

The US Employment Situation -- May 2024

I agree. As things stand atm I would expect at least one cut and the earliest would be September if numbers keep cooling for next few months. Otherwise a cut at the end of the year would make most sense

ADP: US Private Sector Employment Increased by 152,000 Jobs in May; Annual Pay was Up 5.0%

Not really last month NFP was the only real cooling we saw. And in terms of today's ADP numbers .. we've seen huge discrepancies between ADP and NFP in the past. I would wait to see Friday's numbers and even then next month before we get a clear ...

ADP: US Private Sector Employment Increased by 152,000 Jobs in May; Annual Pay was Up 5.0%

technically its been mostly one month of bad news. FEDS will want to see consecutive months of bad news before they act. its too early to say. i see BTC making a bigger correction before the next leg up. how does 44k sound?

US Job Openings and Labor Turnover – April 2024

Let's see how things play out Goodluck!!

British Pound Forecast: GBP/USD Tests 1.28 Resistance, UK Election in One Month

I agree with the long term view on GBP AND EUR. However, i see USD strength staying for a bit longer and we could even see 1.22 (GBPUSD) and 1.04(EURUSD) in the short term. interests rate divergence isnt being fully priced in yet in my opinion. But ...

British Pound Forecast: GBP/USD Tests 1.28 Resistance, UK Election in One Month

wheres EventTrader when u need em

US Personal Income and Outlays, April 2024

agree with this. DXY is gonna make another leg higher . Possibly around 108.00 area. EURUSD to test 1.04 the divergence in interest rates hasn't been fully priced in yet.

US Gross Domestic Product, First Quarter 2024 (Second Estimate) and Corporate Profits...