Red dots : to be filled
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Cable Update - Continued 118 replies
Cable Update (GBP/USD) without Idiots 25 replies
cable short for gbpusd? 10 replies
Why is GBPUSD called cable? 76 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
DislikedDXY on NFP {image} Technically it has definitely topped, same as US yields... unless a severe global recession hits. After at an extensive drop and hitting support, probability is a bounce, things just don't go straight down and considering the FED will still raise rates in 2 weeks. May be we can see another pump. Have a good NFP, and thanks for today is Friday......Ignored
DislikedDXY on NFP {image} Technically it has definitely topped, same as US yields... unless a severe global recession hits. After at an extensive drop and hitting support, probability is a bounce, things just don't go straight down and considering the FED will still raise rates in 2 weeks. May be we can see another pump. Have a good NFP, and thanks for today is Friday......Ignored
Disliked{quote} Friday is NFP Day. TGIF The US NFP data will drive the primary move tomorrow in the intraday chart. PREVIEW: November US Nonfarm Payrolls Expected to Rise by 200,000; Unemployment Rate Seen Steady at 3.7%{image} Most of these estimate are pretty much all high. I would have figured , it would be more have been in that 175k range. If the number fall below 175K, chance another round of spike up for GU on NFP. Any comment and view welcome. Troll will be executed on the spot.Ignored
DislikedDXY on NFP {image} Technically it has definitely topped, same as US yields... unless a severe global recession hits. After at an extensive drop and hitting support, probability is a bounce, things just don't go straight down and considering the FED will still raise rates in 2 weeks. May be we can see another pump. Have a good NFP, and thanks for today is Friday......Ignored
Disliked{quote} Fed officials are chiefly concerned about wage growth and the effect it is having on price pressures, given it is running far in excess of what is needed for inflation to fall back to the Fed’s 2 per cent target. Average hourly earnings in November are expected to have increased another 0.3 per cent, a slightly lower monthly pace than the previous period but amounting to a 4.6 per cent annual jump. Many sectors remain hobbled by worker shortages, pushing up wages as companies try to attract new hires. In November,...Ignored
Disliked{quote} Increased by 0.3%,but, Inflation is wiping out wage gains. Real average hourly earnings fell in November on both a month-to-month and year-to-year basis. Here's where economist and financial wizards start to manipulate the numbers Here's the number visually. Source : Bureau of Labour Stats{image} Overall average hourly earnings have now fallen below their pre-pandemic trend after adjusting for inflation. That is why FED and Economist wouldn't want to use median earnings ,instead used of average. Inequality is so high it is destroying the...Ignored