US Jobs Report Raises Odds on Rate Cut in Weeks
As the odds of a rate cut increases after a worse-than-expected US job report, investors may start to price in one more rate cut this year. Short USD/JPY?
As the odds of a rate cut increases after a worse-than-expected US job report, investors may start to price in one more rate cut this year. Short USD/JPY?
The top CopyPip provider of the week is called “Happy Forex”. There are a few reasons why I’ve chosen him to be our contender for this week.
US NFP tonight may be well below the estimates, short USD/JPY & long silver (XAG/USD).
We all have regrets in life and often, these are the bumps that we encounter in our journey to success. While we all do things that in retrospect, might seem to go against our better judgement, there...
RBA is likely to cut rate tomorrow, short AUD/USD at any rally.
New Zealand dollar rose after RBNZ highlights no significant change in monetary policy outlook. With further easing not likely to happen, NZD/USD could rise higher.
German PMI fell to a decade low at 41.4, confirming doubts that Germany is tipping into a recession. EUR/NZD could head lower towards the 1.7300 price level.
A less dovish Fed and the US repo market chaos continue to weigh on risk sentiment, short USD/JPY.
The top CopyPip provider for the week is called “SAI”. The trader behind the account is Ankit Joshi from Switzerland.
Trump said on Twitter today that the US will delay a tariff increase of USD$250 billion on Chinese imports that was to take effect 1 October. Long AUD/JPY?