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Week Ahead: King US Dollar Stalls
The US reports September CPI on October 12 and the first decline in three months in the year-over-year rate is expected. However, the price action itself may overshadow not only the CPI but other high-frequency data in the week ahead. US grew more than twice the number of jobs in September as economists expected. US interest rates and the dollar jumped initially, and stocks were dumped. And then they reversed. Many narratives will be spun to explain the price action. While we could not have anticipated 336k increase in nonfarm payrolls or the 119k upward revision in the previous two months, we did recognize that ... (full story)
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- blaseit28
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Pride always comes before destruction.... -Proverbs 16:18
DARWINEX ZERO All Time Return:
14.5%
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Equality will be the next big thing in trading
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Follow price direction
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