💹 USD at a Turning Point — Today’s ADP × ISM Will Decide the Trend
💹 USD at a Turning Point — Today’s ADP × ISM Will Decide the Trend 1. USD firmly in a downtrend The Dollar Index (DXY) has broken below both the 10-day and 21-day MAs, confirming a clean shift into a bearish trend. The move lower is driven by three pillars: 85% probability of a December […]
✅ –$75,800 Weekly FX Outlook｜“Seismic Signals” in U.S. Labor via ADP & ISM — Tug-of-War Between Yen Carry and the “Takaichi Trade”
✅ Weekly FX Outlook｜“Seismic Signals” in U.S. Labor via ADP & ISM — Tug-of-War Between Yen Carry and the “Takaichi Trade” 📊 Weekly Result (Oct 27–31): –$75,800 🧭 Overall Summary (Market Drivers This Week) After clearing the FOMC, Chair Powell reiterated that “A December rate cut is not a foregone conclusion,” keeping the U.S. dollar […]
Tonight’s attention is US ADP employment statistics, ISM non-manufacturing business condition index
July ADP Employment Statistics [May-to-Month] Previously 2.369 million people expected 120 million peopleJuly ISM non-manufacturing business index (overall) Previous 57.1 Forecast 55.0 It attracted attention as the outpost of the US employment statistics announced on July 7, and the general forecast for the number of private employees is 1.2 million, an increase of 2,369,000 from […]
US ADP, ISM results are good
May ADP Employment Statistics [Monthly] Last time-203.236 million people (-1955.75 million people) Forecast-90.0 million people Result-2.76 million people23:00 May ISM non-manufacturing industry business condition index (overall) Previous 41.8 Forecast 44.0 Result 45.4 The flow of risk-on, eyes are unchanged. Currently, the power balance in 15 minutes is NZD ＞ EUR ＞ GBP ＞ AUD ＞ […]
US ADP April Employment Change Preview: Job losses are known unknowns
Both US stocks and US dollarsAssumed to move significantly in US ADP employment statistics tonight. Private payrolls to lose a decade’s worth of jobs in one month. ADP is the key indicator for non-farm payrolls on Friday. Have initial claims given market enough warning on the scope of the job losses? Dollar is vulnerable to […]