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  • US Services PMI at 51.2%; March 2023 Services ISM Report On Business

    From prnewswire.com

    Economic activity in the services sector expanded in March for the third consecutive month as the Services PMI® registered 51.2 percent, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®. The sector has grown in 33 of the last 34 months, with the lone contraction in December. The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management® (ISM®) Services Business Survey Committee: "In March, the Services PMI® registered 51.2 percent, 3.9 percentage points lower than February's reading of 55.1 percent. The ... (full story)

Added at 10:05am

Added at 10:11am

  • US ISM March services index 51.2 vs 54.5 expected

    From forexlive.com

    Prior was 55.1 • employment index 51.3 versus 54.0 prior • new orders index 52.2 versus 62.6 expected • prices paid index 59.5 versus 65.6 prior • new export orders 43.7 versus 61.7 last month • imports 43.6versus 52.6 last month • backlog of orders 48.5 versus 52.8 last month • inventories 52.8 versus 50.6 last month • supplier deliveries 45.8 versus 47.6 last month • inventory sentiment 57.9 versus 55.3 last month That drop in new orders is a sharp one and overall this looks like a survey that's recoiling from a bank crisis. Now the question is: Does it recover quickly from the banking rout? Or is ... (full story)

Yup , I’ll see you in the stars gold
Master your mind. Master Trading.
Damn 3rd strike for the USD. This week as been all negatives
Is there any hope that gold will pullback to 1900 correction in April?
The Service sector report is not that bad!!!
Quoting Noahchanborg
Damn 3rd strike for the USD. This week as been all negatives
Bad news for the economy, people will sell everything, so it will be good for the dollar.
another data that supports higher for longer
ISM Service PMI not bad. Gold will go through limited correction and after that Gold will rally again
Typical fake outs today, its good to be patient. Kangaroo markets until NFP. Gold between 2015 - 2030, Eur 1.09 - 1.0960, GBPUSD 1.244 - 1.252
Quoting MatTrader101
Typical fake outs today, its good to be patient. Kangaroo markets until NFP. Gold between 2015 - 2030, Eur 1.09 - 1.0960, GBPUSD 1.244 - 1.252
and you forgot the dollar 105 - 106 ...
Quoting medvic
{quote} and you forgot the dollar 105 - 106 ...
GBPUSD to 1.18
The tide has changed for the US economy . . . . as I predicted a few months ago, this is just the start, the best is yet to come. Biden & Co can start packing their bags.
Fake outs? So PMI is lower than expected and now USD is rising & making GBP lower? wow...
Gold limiter correction is over at 2010 and we will the Gold rally again towards 2075
Quoting edeslu
Fake outs? So PMI is lower than expected and now USD is rising & making GBP lower? wow...
Look at gold manipulation for example, Wicked people into buy at 2030 then instantly sold off, tested 2008 now back up 10$, its literally scalp city until nfp very volatile
Quoting edeslu
Fake outs? So PMI is lower than expected and now USD is rising & making GBP lower? wow...
Be patient, USD will turn south.
Quoting Bakker
{quote} Be patient, USD will turn south.
Oh i'm holding all the way through NFP. Hopefully this month will be NO surprise...
Quoting edeslu
{quote} Oh i'm holding all the way through NFP. Hopefully this month will be NO surprise...
i agree
PMI more than 50 consider alredy good.
Guys, if you got nothing ecentional to say, why are you just BS on this chat? jerks indeed
I’m out of the longs, looks like dollar strength is coming
Master your mind. Master Trading.
Quoting Bakker
The tide has changed for the US economy . . . . as I predicted a few months ago, this is just the start, the best is yet to come. Biden & Co can start packing their bags.
Why are you always so confident and always wrong?
US economy single handedly keeping the world economy not go to recession. The moment US goes to recession (officially), Euro, GBP, etc. will sink so badly because we will enter RISK OFF mode. Learn these things. As the saying says, fools always so confident and wise people always doubtful.
Quoting umbrella man
{quote} Why are you always so confident and always wrong? US economy single handedly keeping the world economy not go to recession. The moment US goes to recession (officially), Euro, GBP, etc. will sink so badly because we will enter RISK OFF mode. Learn these things. As the saying says, fools always so confident and wise people always doubtful.
Get a rating from FF, then I will make an effort to respond to your comments. You joined FF in 2009 and you've contributed nothing of essence up to this moment, makes you think hey?
Quoting Bakker
{quote} Get a rating from FF, then I will make an effort to respond to your comments. You joined FF in 2009 and you've contributed nothing of essence up to this moment, makes you think hey?
I didn’t expect any other response than what you posted. A typical troll. Lol. You have been wrong after being wrong after being wrong. And each time you behave like it wasn’t you who was very confidently wrong.
It seems you're keeping record of all the misses, why then don't try someone else's recommendations? Give me a break pal. Take your teddy and go to bed.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYWeekly.png Size: 8 KB
Quoting Bakker
It seems you're keeping record of all the misses, why then don't try someone else's recommendations? Give me a break pal. Take your teddy and go to bed.
Aww got offended? It’s ok, it’s good for you to be exposed to your mess to learn from it. It hurts your feeling now, but you learn from it and thank me later. Lol, loser (someone who loses money). Also, just woke up in my mansion in Los Angeles.
Who want to live in LA, plague with crime. You mean mansion in the sky??
Quoting Bakker
Who want to live in LA, plague with crime. You mean mansion in the sky??
Plagues normally come from Africa. Boom!!!
Quoting umbrella man
{quote} Why are you always so confident and always wrong? US economy single handedly keeping the world economy not go to recession. The moment US goes to recession (officially), Euro, GBP, etc. will sink so badly because we will enter RISK OFF mode. Learn these things. As the saying says, fools always so confident and wise people always doubtful.
Time to look in the mirror umbrella man - u have been bullish on the US dollar for the last 8 months and been wrong wrong wrong. US is going into recession this year which is why their bonds are inverted but the world will be saved from going down by China - China will stimulate to encourage growth. US economy is rubbish and will be less relied upon by the world in the years ahead as the world will decouple from the US - US interest rates will be dropped this year to save the US economy and the US dollar will keep going down for the next 5 years
Quoting Steven1
{quote} Time to look in the mirror umbrella man - u have been bullish on the US dollar for the last 8 months and been wrong wrong wrong. US is going into recession this year which is why their bonds are inverted but the world will be saved from going down by China - China will stimulate to encourage growth. US economy is rubbish and will be less relied upon by the world in the years ahead as the world will decouple from the US - US interest rates will be dropped this year to save the US economy and the US dollar will keep going down for the next...
No sir, I was long dollar from way earlier than 8 months ago. Go check my history. Go all the way back to end of 2020. You cannot imagine the amount of profit I made so far, both because of dollar appreciation and also the super positive swap on leverage. As a trader, you should not be biased on your view. The moment I see dollar weakness (vs others) showing up, I’ll be the first in line to short dollar. Btw, China is already in deep doo doo.
Example: https://www.forexfactory.com/news/10...n#post13232513
Another one: https://www.forexfactory.com/news/10...s#post13252729
Another one: https://www.forexfactory.com/news/10...x#post13352329
Note: these are from late 2020/early 2021. USDJPY was around 100. I remember at that time everyone was saying dollar gonna die any moment. I don’t remember so many names longing dollar around that time.
Quoting Steven1
{quote} Time to look in the mirror umbrella man - u have been bullish on the US dollar for the last 8 months and been wrong wrong wrong. US is going into recession this year which is why their bonds are inverted but the world will be saved from going down by China - China will stimulate to encourage growth. US economy is rubbish and will be less relied upon by the world in the years ahead as the world will decouple from the US - US interest rates will be dropped this year to save the US economy and the US dollar will keep going down for the next...
I love this comment, exactly my thoughts as well but didn't want to waste time explaining to this big ass what's going on around his home turf. Really the most arrogant and childish fool I ever came along on FF.
Quoting Bakker
{quote} I love this comment, exactly my thoughts as well but didn't want to waste time explaining to this big ass what's going on around his home turf. Really the most arrogant and childish fool I ever came along on FF.
You forgot to say most profitable. Sorry I’m not like you, a loser. See my response to Steve, if you are literate.
Quoting umbrella man
{quote} You forgot to say most profitable. Sorry I’m not like you, a loser. See my response to Steve, if you are literate.
My question remains: Why didn't FF give you a rating for all your excellent predictions? I smell a rat. Probably because you can't speak proper English, "sorry I'm not like you" Ha! ha! what a mess.
Quoting Steven1
{quote} Time to look in the mirror umbrella man - u have been bullish on the US dollar for the last 8 months and been wrong wrong wrong. US is going into recession this year which is why their bonds are inverted but the world will be saved from going down by China - China will stimulate to encourage growth. US economy is rubbish and will be less relied upon by the world in the years ahead as the world will decouple from the US - US interest rates will be dropped this year to save the US economy and the US dollar will keep going down for the next...
I agree the dollar is challenged but that is a bold statement when it comes to the world reserve currency, the dollar dominates the trades and is used across the board, it will take a lot to dethrone that. Dollar is king and will stay that way!
Master your mind. Master Trading.
Quoting Bakker
{quote} My question remains: Why didn't FF give you a rating for all your excellent predictions? I smell a rat. Probably because you can't speak proper English, "sorry I'm not like you" Ha! ha! what a mess.
Dude, you’re such an embarrassment. I just showed you with facts, how I predicted all this dollar rise. If you don’t want to see facts, I don’t have anything else to say. Wait, you’re a loser . Based on facts, I checked your comments history: you have been consistently and constantly wrong.
umbrella man, are you still long the dollar?
. . . and for your info, I live in Africa in the most beautiful city in the world, Cape Town!! And by the way I'm not an African, I'm from French descent and white as can be.
Quoting KareemAliFx
{quote} I agree the dollar is challenged but that is a bold statement when it comes to the world reserve currency, the dollar dominates the trades and is used across the board, it will take a lot to dethrone that. Dollar is king and will stay that way!
Where did i say the US dollar will be dethroned? I never said that. I said the US dollar will go down for the next 5 years - it will go down in a downtrend towards the 2010 lows
Yo, what's up with you wanting to be right so badly and shittin on others. Everyone will make their own judgements of the market. In the end, we can never say for sure what will happen. Chill out man
Quoting Bakker
umbrella man, are you still long the dollar?
Umbrella Man, may I answer for you ? "YES"
(I'm not trading currencies but metals though...)
One thing is for sure: yr 2023 will determine - we will be poorer or wealthier..., risk on for now, as for me...
Unemployment claims, another bad number for US.
Quoting Bakker
Unemployment claims, another bad number for US.
Just say, that's the 4th bad news for USD this week lol
Ha ha ha! Where are you losers? Lol, Bakker, how much more you lost?
Did you learn your lesson? I doubt it. But this is how it works. Fundamentals. Time to get on your knees and apologize, which I really don’t care. I’m the rich one.
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  • Posted: Apr 5, 2023 10:00am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 47  /  Views: 8,493
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