[Mtl JP]

10-yr 3.757, EURO 1.1047, DLRx 101.53

lOOKS LIKE MARKET IS TUGGING ON THE IDEA

that the dollar has turned around and is now on verge of rallying

disclaimer:
any apparent display of service or thing “attached” to my post is only a visual mirage.
I do not endorse or promote anything
…
..
.

[Mtl JP]

WEEK OF THE FED’S MAKING A “DIFFICULT” , PERHAPS EVEN A “TOUGH” BUT
nevertheless one of two of their legal primary responsabilities

12 / 09 / 2024 – FOMC decision on interest rate

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[Mtl JP]

A CLARIFICATION
just in case

it now appears as attached to my posts some promotion / advertisment

IT JUST A VISUAL MIRAGE –
I AM NOT PROMOTING OR ENDORSING ANY PRODUCT OR SERVICE THAT MAY APPEAR ATTACHED AS PART OF ANY OF MY POSTS

[Mtl JP]

yaaaa … no meaningfull job layoff

coz he still has hers
at age 78 !

[Mtl JP]

EYE ON YELLEN
She believes

Yellen says U.S. economy remains solid, on path to ‘soft landing’ with no meaningful layoffs by Rebecca Picciotto

• Treasury Secretary Janet Yellen said that she believes the U.S. economy is healthy and that recent months of cooler jobs data is a signal of a soft landing, not a recession.
• Yellen said the U.S. is not seeing meaningful layoffs and the economy is “deep into a recovery.”

Treasury Secretary Janet Yellen sought to reassure the public on Saturday that the U.S. economy remains strong, despite a string of weak job reports that have rattled investors and weighed on the stock market.

“We’re seeing less frenzy in terms of hiring and job openings, but we’re not seeing meaningful layoffs,” “I’m attentive to downside risk now on the employment side, but what I think we’re seeing, and hope we will continue to see, is a good, solid economy.” – Yellen said at the Texas Tribune Festival in Austin

And all clowns at the festival laughed so hard they rolled on the floor and some in the mud outside

[GVI Forex]

There’s no doubt among forecasters that the European Central Bank will cut its deposit rate by 25 basis points at its Thursday announcement, a move that could take second billing in the week’s events should Wednesday’s US CPI report miss expectations. August’s CPI is expected to cool to 2.6 from 2.9 percent though the core rate is seen holding steady at 3.2 percent. Cooler-than-expected results could heat up talk of a 50-basis-point cut at the Federal Reserve’s September 18 announcement while higher-than-expected results would likely settle expectations at 25 points.

Chinese merchandise trade will open the week on Saturday local time with only a modest narrowing in the country’s surplus expected. Monthly UK GDP on Wednesday is expected to show marginal growth while US consumer sentiment on Friday, in what will be the first indication for September, is expected to remain flat.

Econoday

[michael Calif]

earlier posts:   per the law of (time) vibration, the decline in USD futures since late June has ended.    :gtwo3

[GVI Forex]

Weekly FX Chart Outlook – Run for the exits!

After whipsaw trading following a weaker US jobs report, the market has to pick up the pieces after a tough end to the week where it ended in a risk off mood led by the sell-off in stocks..

In the week ahead, the focus will be on equity markets to set the risk mood….

 

 

[GVI Forex]

We spent the day in NYC walking 12 miles so covering a lot of ground.

Well, while this is only anecdotal, and I said we walked a lot, I did not see any signs of a slowing economy let alone a recession.

[Mtl JP]

SF and what do u mean by everyone is “nice” ?

[Mtl JP]

SF 5:35 ya. actually very much so. hormone imbalance of fear of account imbalance.

those who do not have fear of oaccount imbalance have perfect balance.

six feet in the ground.

[GVI Forex]

Newsquawk.com Week Ahead: 9th-13th September
Highlights include China CPI, US CPI/PPI, ECB rate decision; UK GDP & employment/wages

[SF Monedge]

I meant that in jest.  Everyone here is very skilled and nice.

[SF Monedge]

I have a question for the forum.  Is it possible forex traders have a hormone imbalance? lol

[GVI Forex]

How did your trades work out in Friday’s whipsaw session?

Whatever the case, you would likely have been more prepared to succeed by being a member of the Global-View Trading Club.

[SF Monedge]

There is money going into Yen right now.   I have been asked in private if I still believe the Fed will drop rates and I said I thought it would be a good idea for a while but if you are paying attention I do not feel that is a good idea until after the election because the economy is still a bit wonky.  I know you hear me JP lol.

[michael Calif]

previous post:    law of vibration indicating higher 10yr rates for the time being.    :gtwo3

[Mtl JP]

maybe we ll get to see 4% soon afterall ?

Yield | 1:06 PM EDT
3.729%

[Mtl JP]

and euro sub 1.1075 would be also helpful towards th 25bps realization

[Mtl JP]

DLRx 101.26

puppy will need to go N of 101.50 to suggest it is getting to understand that the gang is saying “25bps” at next fomc

[Author]

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