14:15 EUR Deposit Facility Rate (Sep) 3.50% 3.50% 3.75% 14:15 EUR ECB Marginal Lending Facility 3.90% 4.50% 14:15 EUR ECB Interest Rate Decision (Sep) 3.65% 3.65% 4.25% At the same time we got US economic data which is in my readings leaning towards that FED will cut only by 0,25 bps. 14:30 USD Continuing Jobless...
Tomorrow 04/25 14:30 USD Continuing Jobless Claims 1,810K 1,812K 14:30 USD GDP (QoQ) (Q1) 2.5% 3.4% 14:30 USD GDP Price Index (QoQ) (Q1) 3.0% 1.7% 14:30 USD Goods Trade Balance (Mar) -91.10B -91.84B 14:30 USD Initial Jobless Claims 214K 212K In case of the above mentioned data signaling no cool-down in the inflation pressure I...
Economic calendar as of 11/07/2024 ( GMT +2:00 Budapest) (LEFT to RIGHT ) Actual(?) Forecast Previous 14:30 USD Continuing Jobless Claims 1,860K 1,858K 14:30 USD Core CPI (MoM) (Jun) 0.2% 0.2% 14:30 USD Core CPI (YoY) (Jun) 3.4% 3.4% 14:30 USD CPI (MoM) (Jun) 0.1% 0.0% 14:30 USD CPI...
In the last two weeks, we have observed that FX:EURUSD is earnestly trying to establish a new base, aiming to finally take off. Unfortunately, this cannot happen if certain variables don't change urgently. If not, EURUSD faces significant downturns repeatedly. What are these variables? First and foremost, US inflation needs to decline more sharply. This...
As of today Thursday, December 14, 2023- ECB ( European Central Bank ) at 14:00 PM ( Budapest Time GMT+1 ) will disclouse their interest rate decision in the following categories. 11:00 EUR EU Leaders Summit 14:15 EUR Deposit Facility Rate (Dec) 14:15 EUR ECB Marginal Lending Facility 14:15 ...
Time to take cover on long position. Thanks Giving is comming market will slow down and also closed. Use next 4-7 days to dig into fundamentals. Trade Balances Goverment Debt level Gov Bond Madurity Sessionality of EUR/USD movements CPI data Unemployment Stop loss - Depending on your risk appetite. To be continued Have fun
Circuit breaker level - Lets see. We are waiting for FED officials which is mostly not that interesting , but now they can wipe the market with few words - the opposite also works. Do not forget : Control the inflation means the FED wanna see huge lay-offs. _____________________________________________________________________________________ Longer view If...