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  • United States of America: Resilient Demand, a Robust Labor Market, A Persistent Inflation Problem

    From imf.org

    The U.S. economy has proven resilient in the face of the significant tightening of both fiscal and monetary policy that took place in 2022. Consumer demand has held up particularly well, boosted initially by a drawdown of pent-up savings and, more recently, by solid growth in real disposable incomes. Prime age labor force participation has risen above its pre-pandemic peak, the unemployment rate for women and African Americans has fallen to historical lows, and real wages have been rising faster than inflation since mid-2022. Growth of around 1.2 percent (on a q4/q4 basis) is expected for this year, modestly picking ... (full story)

I want to know how this news affect market, does it mean that everytime news is released that particular currency will rise or decline?
Quoting Zagoboy1
I want to know how this news affect market, does it mean that everytime news is released that particular currency will rise or decline?
don't care about all News. Only inflation and interest rate what make currency rise or fall
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  • | IP XX.X.39.66
If you don't understand news trading, you better run away with your money. the markets are not forgiving.
Quoting Zagoboy1
I want to know how this news affect market, does it mean that everytime news is released that particular currency will rise or decline?
Fx is not as hard you are looking at it.put in alot of practice...i bet you will develop a strategy that will give an edge in fx market.
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  • Story Stats
  • Posted: May 26, 2023 3:06pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 4  /  Views: 972

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