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  • US December UMich consumer sentiment 69.4 vs 62.0 expected

    From forexlive.com

    Prior was 61.3 • Prior was 74.0 vs 68.5 expected • Current conditions 74.0 vs 68.5 expected • Expectations 66.4 vs 57.0 expected • One -year inflation 3.1% vs 4.5% prior • Five-year inflation 2.8% vs 3.2% prior • This is a dream report. It's like a magic landing where the economy stays hot and inflation falls below 2% anyway. It would leave the Fed with 500 bps of ammunition despite inflation being on target. They'd have to re-write economic textbooks.

Added at 10:12am

  • UMich Inflation Expectations Collapsed In December; Repuboicans Drive Surge In Sentiment

    From zerohedge.com

    UMich inflation expectations (one year ahead) collapsed to 3.1% in preliminary December data after soaring to 4.5% in November. Medium-term inflation expectations also tumbled from 3.2% to 2.8%. That is the lowest one-year inflation expectation since March 2021. Who could have seen that coming? Back to reality... chart Consumer sentiment soared 13% in December, erasing all declines from the previous four months, primarily on the basis of improvements in the expected trajectory of inflation. The headline jumped from 61.3 to 69.4 with current conditions spiking from 68.3 to 74.0 and expectations jumping from 56.8 to ... (full story)

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GooD
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Inflation is declining so fast
Bad news, inflation is declining so fast
no more doubt for big investor to buy usd today
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Quoting hesron
no more doubt for big investor to buy usd today
Big guys are selling now...its the small guys who are buying.
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return: 1,422.7%
"this is a dream report ", mean excellent data. wonderfull
Key of day "Inflation Expectations 3.1%"
Quoting OnlineAddict
Whining about manipulation starting in 3...2...1...
I thought you were buying? Have you changed your forecast? I am buying. I hope you are raking in those pips.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
Quoting Mitiblotch
{quote} I thought you were buying? Have you changed your forecast? I am buying. I hope you are raking in those pips.
I switched to EU/GU longs during London today. The US data surprised me at first, but PA worked out in my favor. I might be selling USD later, will see. Next week will be fun, FED, ECB and BOE all within 2 days.
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return: 1,422.7%
Quoting OnlineAddict
{quote} I switched to EU/GU longs during London today. The US data surprised me at first, but PA worked out in my favor. I might be selling USD later, will see. Next week will be fun, FED, ECB and BOE all within 2 days.
We already know the outcome of those meetings:

FED, ECB, BOE all on hold until 2024.

Which will be the first to cut rates?

My "guess" is China, then ECB, BOE and FED lastly in 3rd or 4th quarter of 2024.
Quoting fx6996
{quote} We already know the outcome of those meetings.
We do, but we don't know what the market will do with it...and most importantly, at what numbers market even will be by then, because we have big inflation data before those meetings.
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return: 1,422.7%
For a very long time, this is the first time fundamental and technical analysis re in sync.expect the eur party to stretch until Monday when new York market will open.
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