Trading style: Swing and Position trader based on Fundamental analysis. 50, 100 and 200 EMA. ADX Indicator. Core is support and resistance levels to understand buyers and sellers acceptance of price. (I tried volume flow, bollinger, DOM etc etc and ...

its look like sticky pockets of Inflation. Expecting dollar to remain where it was. Not sure what the market needs to reverse strong dollar. Expecting a pull back and see how bears defend.

The wage growth is good and its important as its linked to inflation. Jobs are linked to two Hurricanes and strikes in Boeing etc. I feel strong Dollar in few hours.

well said. I was thinking the same.

I think Jobless claims (Highest since Aug 2023) is a huge issue for FED. Inflation they are sure. But job market cracking is a major issue to tackle. I see more cuts than planned to ensure economic activity is not moving towards a hard landing. ...

Why is GBPUSD having wild swings today?

Its time for stock markets to align with FED projections on delayed cuts and sticky inflation. I am afraid inflation will be very sticky to achieve 2%, stock market will find a way to grow keeping economy activity strong. It seems the markets are ...

Raising income, high inflation, already high interest rates along with downturn economic activity is a nightmare for BOE. Not sure what is a way out for BOE.

UK numbers are also Bad. UK has much more to do on inflation and rates are already high. BOE's job must be the hardest of all central banks.

Outlook getting clearer. EUR, China, GB to show economic struggle along with sticky inflation. Hard landing in play. USA towards soft landing. Strong dollar to be well supported this year.

Is Core CPI going up by 0.1% since last 2 months? Its the energy which is contributing to lower CPI numbers while others have gone up. I thought this means fight against inflation is on from ECB and higher tick in EURUSD. or is it economic ...

Looks like ECB done with raising rates after this week. ECB will have tough time convincing that they are hawkish.

Mixed data (average earnings increased which is inflationary) while others are showing deterioration of economic conditions. I feel BOE needs to keep raising rates to bring down high inflation. However every increase in rates will put a nail to ...

Intervention will only wipe off speculative and retailers who are long for few 100-200 pips. Big players are settling for a levels of 150.00 considering the rate differential of FED and BOJ. So any intervention by BOJ will be a buying Oppurtunity. ...

WOW, Yield curve control (a unanimous vote), Inflation expectations moving sideways after heightening but will come down and economy is improving. Very daring view. Japan has imported inflation and when FOMC and ECB are forecasting higher ...

Unfortunately or fortunately that's a reality. US will slowly lose its status as a global powerhouse and so will its King Dollar status. Muscular use of sanctions, deteriorating US economy, failed foreign policy, Political instability etc. will only ...

I am looking at Core CPI m/m. forecasts have been on dot since last 4/5 times though.

Not much for GBP as the strong labour data and expected 25% basis point increase by BOE is already baked in. Its all about FED rate decision tomorrow which will give a clear direction to all pairs. Incase CPI is red hot (my expectation) a skip and ...

Sticky inflation and strong labor market needs a .25 raise. FED always said. "Not doing enough is more dangerous than over tightening". BOC and BOA have shown a path.

Its position squaring and repositioning by traders like us. Big investors are waiting for a policy change from BOJ. why would BOJ intervene and say.