What to Trade on August 22–26?
How Energy Crisis Affects German PMI August 23, 2022, 10:30 GMT+3 Germany will publish Flash Manufacturing PMI data on Tuesday, August 23, at 10:30 MT time (GMT+3)…
NFP results: USD/JPY up, gold down
The US labor statistics just reported: Nonfarm Payrolls are 2.5M against -7.5M expected and -20.5M in April; Unemployment Rate is 13.3% against 19% expected and 14.7% in April; Average Weekly Hours are 34.7 against the 34.3 in the previous month. Apparently, the street is sunny again!
As a direct reaction to this news, the USD/JPY immediately went up above 109.00 now having the March highs as the closest target. On the other side, gold was sent down to face April lows ahead in the downside. An interesting layout - make your trades on this optimistic report and watch out for correction!
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Market Outlook For February 21-25
Last week was full of surprises! The US dollar plunged despite a better-than-expected retail sales report…
What will move the market on February 14-18?
Last week was very interesting for the markets, as we saw the releases of the US Inflation and Disney’s earnings report. So let's see what we should await this week!
Latest news
Assets Won’t Survive This Week
As Europe moves into recession, next week may provide us with some amazing trading opportunities. Here they are!
Post-Fed Releases for USD & CAD Traders
Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
FED and BOE Make Another Attempt to Beat Inflation
The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.
