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- Ftmofx commented Aug 15, 2024
USD/JPY could not hold their bull because FED rate cut final 25 versus 50 BPS still on the table. Anyone will be effective in next meeting
US consumer spending jumped in July as retail sales were up 1%, much better than expected
- Ftmofx commented Aug 15, 2024
Gold fall expected below 2400
US Unemployment Insurance Weekly Claims Report
- Ftmofx commented Aug 14, 2024
This will not effect on rate cut. Inflation is slowing and very cooling. labor market is very cool. This is not sufficient to protect rate cut. need more evidence.
US Consumer Price Index - July 2024
- Ftmofx commented Aug 2, 2024
25 bps rate cut on the table in the September meeting. Although inflation did not come 2% leveling but very cooling which expected range. US economy is vulnerable due to the high FED rate held by the central Bank for a long time. US firms can not ...
The US Employment Situation -- July 2024
- Ftmofx commented Jul 31, 2024
Market reaction: Gold is rising for probable FED rate cuts in September, with few cuts this year and the Middle East tension. Labor markets: low, Narrow. Inflation remains low—dovish speech.
Federal Reserve issues FOMC statement
- Ftmofx commented Jul 31, 2024
It is not important that "the rate cut unchanged". We guess this is the last. Important is the clue, when the rate cut will start. We have the rate cut in next. Remained unchanged over and enough. Today is an important FED conference to find out the ...
Federal Reserve issues FOMC statement
- Ftmofx commented Jul 30, 2024
They increase rate 25 bps after lot of years. The increasing rate will lead the currency yen whatever the bond purchasing cut and all eye are on it. Buy Yen long......We will see USD/JPY bearish tone always and carry it toward 140.959 as ahead of ...
BOJ Statement on Monetary Policy
- Ftmofx commented Jul 11, 2024
USD/JPY is making bearish flag in 5 Minute candle
Strong suspicions of BOJ intervention looking at that USDJPY chart...
- Ftmofx commented Jul 11, 2024
You are same lol. FED can not avoid rate cut in Sepenteber. Investor get out from USD bet and BOJ is working pull down.
Strong suspicions of BOJ intervention looking at that USDJPY chart...
- Ftmofx commented Jul 11, 2024
How you think it? USD/JPY is making one more fall
Strong suspicions of BOJ intervention looking at that USDJPY chart...
- Ftmofx commented Jul 11, 2024
I am waiting for USD/JPY bearish zone below 154.400
US Consumer Price Index - June 2024
- Ftmofx commented Jul 11, 2024
Failing BOJ showed us very smart. Intervene action in time
Strong suspicions of BOJ intervention looking at that USDJPY chart...
- Ftmofx commented Jul 11, 2024
FED can not avoid rate cut in September 2024. Investors will get out from USD bets. Gold has a chance to break out higher high today. Need some minor corrections. This year forecast for Gold 2500
US Consumer Price Index - June 2024
- Ftmofx commented Jul 11, 2024
Awesome. GBP is now the leading currency. Buy GBP continue.
GDP monthly estimate, UK: May 2024
- Ftmofx commented Jul 9, 2024
Before testifies Gold mood was bullish for rate cut expectation in September but no rate cut soon. So Gold will go bearish although trying to support bull sentiment and it will be fail
Powell: Semiannual Monetary Policy Report to the Congress
- Ftmofx commented Jul 9, 2024
Powel very hawkish again
Powell: Semiannual Monetary Policy Report to the Congress
- Ftmofx commented Jul 5, 2024
Yes. Long term existing FED rate weakens the labor market like a melting ice. The number of Unemployment is increasing. The existing fed rate and rising wages is weakening the company/institution foundation resulting rising uneployment
The US Employment Situation -- June 2024
- Ftmofx commented Jul 3, 2024
Bearish but it is time to buy technically with some fundamental weak news today of USD and yesterday Powel's dovish comments FED rate cut in coming September. See the D1 chart 'Red Mark'
US Services PMI at 48.8%; June 2024 Services ISM Report On Business