How do you see the outcome on today's CPI?
- Joined Dec 2015 | Status: Member | 1,509 Posts
Do more of that which succeeds and less of that which does not - Dennis Gar
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DislikedGreetings I left my Gold,EUR and GBP trades open (ALL BUYS) since yesterday till now and would like to know if I should continue holding or do otherwise as I am not sure of the outlook. To hear from youIgnored
Disliked{quote} I'm not the threadstarter, can I weigh in? I think with such a strong NFP, I'm inclined to believe US CPI data will print positively and beat expectations. This might lend strength to the USD again. Just my thoughts.Ignored
Notes:
Recent Impact on Gold:
April
Notes:
Recent Impact on Copper:
June
Current July 31 interest rate expectations:
Investors continue to debate the depth of the July 31st rate cut. A little over 25% still expect a 50 basis point rate cut, according to the CME FedWatch Tool.
Notes:
Recent impact on Gold, Copper, and USD/AUD:
Below you will see how each release impacted gold, copper, as well as the USD/AUD. I left out
June: