AUDUSD buy entry at 0.6419. (This is Only half of our entries and 5mins late)
This post is Half of all our entry and 5 mins late. If you want the full signal (entry and close info with Real time), please check Forex Top Team VIP signal ↓ VIP SIGNAL AUDUSD buy entry at 0.6419. Stop at 06383.
Today’s focus is on the US Producer Price Index (PPI) and the FOMC Meeting Minutes.
The September US PPI, to be released today, will serve as a precursor to tomorrow’s US Consumer Price Index (CPI). The YoY forecast for PPI stands at +1.6%, similar to the previous figure, and the Core YoY is expected to rise from +2.2% to +2.9%. It is anticipated that PPI will demonstrate persistent inflationary pressures, […]
Dollar depreciation slows down, risk aversion due to Middle East geopolitical risks Crude oil price rises rapidly
The exchange of attacks and retaliation between Hamas and Israel over the weekend has turned into a quagmire. However, the reaction in financial markets since the beginning of the week has been relatively limited. After rising, crude oil prices have remained high, and we are now waiting for the next material. In the stock […]
Today is the day of the U.S. employment statistics release, and market attention has abruptly shifted to this event.
The market expectations for the September data are as follows: an unemployment rate of 3.7% (previously 3.8%), non-farm payroll employment increased by 170,000 (previously 187,000), average hourly earnings increased by +4.3% YoY (previously +4.3%), and increased by +0.3% MoM (+0.2%) among others. The market is expected to react initially by comparing the results with these […]
Dollar-yen is increasingly feeling the weight of 150 yen, and with the upcoming U.S. employment statistics tomorrow, there are expectations for position adjustments.
This week, the spotlight is on the dollar-yen exchange rate. The unexpectedly strong U.S. JOLTS job openings have pushed it beyond 150 yen, and then it suddenly dropped to the 147 yen range. It’s a rough ride, and while there’s no confirmation at this point whether it was intervention or not, there’s speculation. Today, there […]
Strong US Jobs Data Led to USD/JPY Hitting 150 Yen, But Was It Thwarted?
This week is filled with various US employment-related indicators, with Friday’s employment data leading the way. Yesterday’s US Job Openings and Labor Turnover Survey (JOLTS) showed a surprisingly significant increase, driving up US bond yields and pushing USD/JPY above the significant 150 yen level. However, right after that, it rapidly dropped to the upper 147 […]
No change in the dollar’s strength as October trading begins.
October trading has commenced, and so far, there’s been no change in the dollar’s strength. USD/JPY continues to inch closer to the 150 yen level. For USD/JPY, the recent rise in long-term bond yields to their highest levels in a decade acts as a headwind. However, the Bank of Japan has already announced additional operations, […]
Key Focus on August US Personal Consumption Expenditure (PCE) and More
August’s US Personal Consumption Expenditure (PCE) data is set to be released. Most expectations indicate a 0.5% increase month-on-month, and it is anticipated that this will mark the eighth consecutive monthly increase. Earlier on the 14th, August’s US retail sales were published and surpassed expectations. Should August’s PCE data show a similar outcome, it might […]
Crude Oil Prices Surge and Rising US Bond Yields Provide Support for a Stronger Dollar, but the Market Appears to Be on a Solo Path
This week, the trend of a stronger US dollar continues. USD/JPY briefly rose to the high 149 yen range, and it is now approaching the key level of 150 yen. Meanwhile, EUR/USD temporarily dipped into the 1.04 range, and GBP/USD is getting close to breaking below the 1.21 level. Several factors have been cited as […]
Continued Strengthening of the Dollar Amid Bond Market Trends
This week has seen the ongoing strengthening of the US dollar. After a series of major central bank policy announcements in previous weeks, expectations of prolonged high-interest rates by the US Federal Reserve have provided support for the strong dollar. Notably, the movements in selling government bonds (resulting in rising yields) in major countries have […]