Transaction entry passed My market review
. USD:
- The USD will be greatly influenced by JOLTs data on job vacancies and statements by Mr. Jerome Powell, Chairman of the US Federal Reserve (FED).
- If JOLTs data shows a strong labor market and Mr. Powell appears optimistic about the economy, the USD could appreciate on expectations of higher interest rates.
- In addition, if JOLTs data is weaker than expected and Mr. Powell is concerned about the economy, the USD may decline due to expectations of loose monetary policy.
. World gold price:
- Gold prices often fluctuate due in part to the impact of the USD and are considered a safe asset amid economic concerns.
- If the statements of Mr. Powell and Ms. Lagarde show concerns about the economic situation, gold prices may increase as investors look for safe assets.
- However, if the market is optimistic about the economy and expects higher interest rates, gold prices may come under downward pressure.
- The USD will be greatly influenced by JOLTs data on job vacancies and statements by Mr. Jerome Powell, Chairman of the US Federal Reserve (FED).
- If JOLTs data shows a strong labor market and Mr. Powell appears optimistic about the economy, the USD could appreciate on expectations of higher interest rates.
- In addition, if JOLTs data is weaker than expected and Mr. Powell is concerned about the economy, the USD may decline due to expectations of loose monetary policy.
. World gold price:
- Gold prices often fluctuate due in part to the impact of the USD and are considered a safe asset amid economic concerns.
- If the statements of Mr. Powell and Ms. Lagarde show concerns about the economic situation, gold prices may increase as investors look for safe assets.
- However, if the market is optimistic about the economy and expects higher interest rates, gold prices may come under downward pressure.
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🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.
t.me/chartmasterpro
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