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forexfactory

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#forexfactory 21:00 If the actual JOLTS Job Openings figure is equal to the forecast of 7.19M (and slightly higher than the previous level of 7.18M), this is considered a "moderately strong" signal for the U.S. labor market. This could lead to short-term volatility decreasing or sideways for the market #scalping and await news One should not let orders run during the news period (this is just a reference signal, not trading advice)
#forexfactory 21:00

If the actual JOLTS Job Openings figure is equal to the forecast of 7.19M (and slightly higher than the previous level of 7.18M), this is considered a "moderately strong" signal for the U.S. labor market. This could lead to short-term volatility decreasing or sideways for the market
#scalping and await news
One should not let orders run during the news period (this is just a reference signal, not trading advice)
Tonight will announce the Fed's final monetary meeting of 2023 and will address economic forecasts. "The biggest question for the US economy and financial markets in 2024 is not whether the Fed will reduce interest rates, but why will the Fed reduce interest rates? #forexfactory #news
Tonight will announce the Fed's final monetary meeting of 2023 and will address economic forecasts.
"The biggest question for the US economy and financial markets in 2024 is not whether the Fed will reduce interest rates, but why will the Fed reduce interest rates? #forexfactory #news
How BoE Rate Cuts Affect Intraday Spreads Bank of England (BoE) rate cuts generally widen GBP/USD intraday spreads, mainly due to excessive volatility caused by traders' reactions to the decision, forward guidance and voting splits. During the first 1530 minutes after the announcement, the spread may double or even triple as liquidity decreases amid rapid order flow, ie from 0.6 pips to 1.52 pips. This broad condition usually lasts for 12 hours and becomes normal during high volume sessions like the London Open, unless a surprise press conference exacerbates the choppiness. A 25bps cut with a dovish tone could trigger a price swing of 2050 pips, which widens Bidask Gaps compared to the baseline. In historical context, past rate cuts have seen the intraday GBP/USD spread peak as high as 2 pips and then narrow, driven by initial GBP selling based on Easing Expectations and the collision of USD strength. So advice is to avoid trading at the moment of release and wait for stability to capture tighter or lower cost directional moves. #Forexfactory #ForexMarket #tradingview
How BoE Rate Cuts Affect Intraday Spreads Bank of England (BoE) rate cuts generally widen GBP/USD intraday spreads, mainly due to excessive volatility caused by traders' reactions to the decision, forward guidance and voting splits.

During the first 1530 minutes after the announcement, the spread may double or even triple as liquidity decreases amid rapid order flow, ie from 0.6 pips to 1.52 pips. This broad condition usually lasts for 12 hours and becomes normal during high volume sessions like the London Open, unless a surprise press conference exacerbates the choppiness. A 25bps cut with a dovish tone could trigger a price swing of 2050 pips, which widens Bidask Gaps compared to the baseline. In historical context, past rate cuts have seen the intraday GBP/USD spread peak as high as 2 pips and then narrow, driven by initial GBP selling based on Easing Expectations and the collision of USD strength. So advice is to avoid trading at the moment of release and wait for stability to capture tighter or lower cost directional moves.

#Forexfactory #ForexMarket #tradingview
​📊 Market Update: APAC Economic Resilience & Mid-Day Outlook ​Today’s Asian session brought a mixed bag of fundamental data, creating interesting volatility across major pairs and potentially impacting risk-on sentiment in the crypto space. ​🔍 Key Highlights: ​AUD Sentiment Boost: The Westpac Consumer Sentiment came in stronger at 1.2%, signaling a recovery in Australian consumer confidence. This is a positive sign for the Aussie dollar despite global headwinds. ​Japan’s GDP Beat: Japan reported a Final GDP q/q of 0.3%, slightly higher than previous estimates. However, the Household Spending y/y remains at -1.0%, suggesting that while the economy is growing, domestic consumption is still recovering. ​UK Retail Struggles: The BRC Retail Sales Monitor showed a modest 0.7%, coming in lower than expected, which could put some pressure on GBP throughout the London session. ​📉 Upcoming High-Impact Events: ​Traders should keep a close eye on the following events for the remainder of the day: ​EUR: German & French Trade Balance (12:00 PM – 12:45 PM) ​USD: NFIB Small Business Index (3:00 PM) ​USD: ADP Weekly Employment Change (5:15 PM) — A crucial precursor to Friday’s NFP! ​💡 Strategy Note: ​The "Risk-On" sentiment is currently battling mixed data. If US employment numbers come in stronger than expected, we might see a rally in the USD, which often creates a temporary pullback in Bitcoin and major Altcoins. ​What’s your move for the ADP release today? Are you Long or Short? 👇 ​#BinanceSquare #ForexFactory #Marketupdatetoday #CryptoTrading #EconomicCalendar #TradingSignals
​📊 Market Update: APAC Economic Resilience & Mid-Day Outlook

​Today’s Asian session brought a mixed bag of fundamental data, creating interesting volatility across major pairs and potentially impacting risk-on sentiment in the crypto space.

​🔍 Key Highlights:

​AUD Sentiment Boost: The Westpac Consumer Sentiment came in stronger at 1.2%, signaling a recovery in Australian consumer confidence.

This is a positive sign for the Aussie dollar despite global headwinds.

​Japan’s GDP Beat: Japan reported a Final GDP q/q of 0.3%, slightly higher than previous estimates.

However, the Household Spending y/y remains at -1.0%, suggesting that while the economy is growing, domestic consumption is still recovering.

​UK Retail Struggles: The BRC Retail Sales Monitor showed a modest 0.7%, coming in lower than expected, which could put some pressure on GBP throughout the London session.

​📉 Upcoming High-Impact Events:

​Traders should keep a close eye on the following events for the remainder of the day:

​EUR: German & French Trade Balance (12:00 PM – 12:45 PM)

​USD: NFIB Small Business Index (3:00 PM)

​USD: ADP Weekly Employment Change (5:15 PM) — A crucial precursor to Friday’s NFP!

​💡 Strategy Note:

​The "Risk-On" sentiment is currently battling mixed data. If US employment numbers come in stronger than expected, we might see a rally in the USD, which often creates a temporary pullback in Bitcoin and major Altcoins.

​What’s your move for the ADP release today? Are you Long or Short? 👇

#BinanceSquare #ForexFactory #Marketupdatetoday #CryptoTrading #EconomicCalendar #TradingSignals
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