02/Feb/Firday DXY +💲
13:30
* Non-farm payrolls: Meet expectations but have declined from 216K to 180K. This is also bullish for the US dollar because it meets the forecast. +💲
* Unemployment rate forecasted at 3.8%, in line with expectations or slightly above, which supports the US dollar. This may lead to a pushdown in non-US gold and silver prices to the 30/1-hour moving average +💲
* Monthly hourly wage rate has decreased, which could help lower inflationary pressures. This is bearish for the US dollar, as reducing inflation is typically seen as detrimental to the dollar's attractiveness. -💲
*
* 15:00
* Consumer sentiment final: Did not meet expectations. Pressed down. -💲
* Factory orders: Meet expectations, declining from 2.6% to 2.0%. Supported. +💲
* Non-farm payrolls: Meet expectations but have declined from 216K to 180K. This is also bullish for the US dollar because it meets the forecast. +💲
* Unemployment rate forecasted at 3.8%, in line with expectations or slightly above, which supports the US dollar. This may lead to a pushdown in non-US gold and silver prices to the 30/1-hour moving average +💲
* Monthly hourly wage rate has decreased, which could help lower inflationary pressures. This is bearish for the US dollar, as reducing inflation is typically seen as detrimental to the dollar's attractiveness. -💲
*
* 15:00
* Consumer sentiment final: Did not meet expectations. Pressed down. -💲
* Factory orders: Meet expectations, declining from 2.6% to 2.0%. Supported. +💲
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