Forex signal (TPwithUS)

Federal Reserve Chairman Powell: The Fed has moved to a more neutral path and can act more cautiously in the future. Reducing policy restrictions very slowly can cause "excessive weakening of the economy and employment". The Federal Reserve is not on a predetermined path. The current policy is well adjusted to deal with the risks. Policymakers' forecasts for interest rates next year are higher, which is consistent with higher inflation. If inflation does not move steadily towards 2%, we can reduce policy constraints at a slower pace. Downside risks in the labor market seem to have decreased. The labor market is gradually and regularly weakening. Job creation is below the level that keeps the unemployment rate constant. 🔹 I see the inflation situation in general on the right track. The term "rate and timing" indicates that we are at or close to the point of slowing down the rate of interest rate cuts. 🔹 We see the risks and uncertainties regarding inflation still high. We believe that the policies are still significantly restrictive. We think the economy is in a very good state and so are the policies. Stronger economic growth and lower unemployment are driving the path to slower interest rate cuts. Other factors driving the path of slower rate cuts are higher inflation this year and next year. Some people have taken very preliminary steps and included the conditional effects of future policies in their predictions. Inflation in November has returned to its track after increasing We want to see progress on inflation and a strong labor market as we consider further interest rate cuts. Higher inflation is probably the most important factor in the new forecasts. The committee is examining ways in which tariffs can affect inflation; We have done a lot in this field. It is still too early to draw conclusions about the impact of tariffs; It is not clear which countries are involved, how much the tariffs are and how long this situation will last. A reduction in net inflation to 2.5% next year, as predicted, will be a significant improvement. Inflation in the housing sector has decreased continuously. There is no reason to think that an economic recession is more likely than usual. Commodity inflation has generally returned to pre-pandemic levels. I don't think non-market services say much about economic constraints. It may take another year or two to reach the 2% rate. The labor market is not weakening in a way that causes concern. We have to evaluate the decrease in the labor market against the inflation that remained unchanged. We have entered a new stage in this process. We still have to work on inflation; We need to keep policies restrictive to do this. We think our policies are effective and give the desired results. When asked about bitcoin reserves: We are not allowed to have bitcoins and we are not looking to change the law in this regard. Wages are at a healthy and increasingly stable level. People feel the effects of high prices, not high inflation. I expect next year to be a very good year. Geopolitical disturbances are still considered a risk. We do not overreact to the inflation results of a few months. The economic forecast for the next three years is associated with high uncertainty. We will not settle for inflation higher than 2%. An interest rate hike does not seem to be a likely outcome for next year. #USD

Federal Reserve Chairman Powell: We are absolutely focused on two goals. The labor market remains strong. The labor market has decreased from a contractionary state. Economic activity has expanded with a stable and significant speed. Consumers remain flexible and investment in equipment has strengthened. The labor market is not the source of inflationary pressures. Personal consumption expenditures (PCE) inflation likely rose 2.5% in the 12 months to November. Inflation is much closer to the 2% target. The activity in the housing sector has been weak. Improvement in supply has supported strong economic performance. The growth of wages has decreased. The unemployment rate has increased but is still low. Inflationary expectations are still well established. The risks to achieve the goals are almost balanced. The Federal Reserve pays attention to the risks on both sides. #USD

Forex updates Monday December 9, 2024 7:00 am UTC CURRENCY PRICE Gold 2644.36 -0.42% DXY 106.150 0.14% Crude Oil , WTI 67.583 0.57% EURUSD 1.05440 -0.23% GBPUSD 1.27312 -0.07% Bitcoin 99136 -1.48% TAKE PROFIT WITH US @tpwithus

Crypto currencies increasing on Thursday Bitcoin and Ether are on the rise. Bitcoin is leading the charge with a 4% gain. @tpwithus

Forex updates Thursday December 5th 2024 8:30 am UTC CURRENCY PRICE Gold 2645.06 0.20% DXY 106.031 -0.29% Crude Oil 68.711 0.25% EURUSD 1.05431 0.32% GBPUSD 1.27384 0.29% Bitcoin 102790 3.69% @tpwithus @tpwithusbot

Federal Reserve Beige Book: Economic activity grew slightly in most regions Prices rose at only a modest pace across the Fed. #USD #FED

Federal Reserve Chairman Powell comments continue: The Fed is trying to be in the middle where policy is less restrictive to reduce inflation, but not hurt the labor market. Low levels of survey responses seem to have increased the volatility in labor market data estimates. More immigration is part of the reason for strong growth in 2023. We are modeling, reviewing and evaluating tariff proposals. #USD #Fed

Regarding the impact of the new Department of Government Efficiency (DOGE) program, he says that part of the independence of the Federal Reserve is to finance itself. We have moved very quickly regarding the rates. The unemployment rate is still very low and we are making progress on inflation. The economy is in a good shape and I see no reason why it cannot continue in its form. Over time, we are on the way to more neutral rates, the downside risks are less than what was thought. The Federal Reserve can be cautious in finding a neutral rate. #USD #FED #Economy #Forex

Similar institutional relations between the Federal Reserve and the Treasury will continue in the Trump administration. In his first administration, Trump said the same things in private as he did in public. #USD #FED #Economy #Forex

Federal Reserve Chairman Powell: The American economy is in very good shape I have a very good feeling about the position of monetary policy. There is broad support in both parties for an independent Federal Reserve. I don't think there is any danger of losing it. #USD #FED #Economy #Forex

🇺🇸 Fed Chair Powell Speaks 🇺🇸

The upcoming week promises a wealth of economic data that could shape market dynamics significantly. Traders should prepare for potential volatility driven by employment figures in the U.S., central bank communications, and global economic indicators. Staying informed about these developments will be crucial for making strategic trading decisions as we head into December 2024. Stay tuned for updates and analysis as these events unfold with us 💎 @tpwithus @tpwithusbot

Key Manufacturing and Services PMIs Manufacturing PMI reports from several countries will be closely watched: – South Korea, China, Spain, Italy, Canada, Switzerland: Anticipated reports will reflect regional economic conditions. – Services PMI data will be monitored in China, Italy, and Brazil for insights into service sector performance. @tpwithus @tpwithusbot

Global Economic Releases Euro Area: In Europe, traders should keep an eye on the Euro Area’s unemployment rate, projected to hold at 6.3%, alongside retail sales expected to decline after a four-month growth streak. Germany’s factory orders are likely to drop following a previous surge, while inflation in Turkey is forecasted to ease to 46.6%. Asia-Pacific Insights: – China: The release of both official and Caixin PMIs will provide insights into economic activity post-monetary support and fiscal stimulus. – Australia: Q3 GDP figures are expected to show accelerated growth, alongside trade balance and retail sales data. – India: The Reserve Bank of India is expected to maintain its key interest rate, but potential policy changes could impact liquidity conditions. @tpwithus

🇺🇸 Key Economic Indicators: – JOLTS Job Openings: Expected to rise to 7.49 million from 7.443 million. – ISM Manufacturing and Services PMI: Anticipated slight slowdown in services and signs of easing in manufacturing downturn. – Michigan Consumer Sentiment Index: Forecasted increase for December. – Factory Orders: Expected rebound with a 0.4% increase. @tpwithus @tpwithusbot

🇺🇸 Federal Reserve Speeches: Market participants will closely monitor speeches from Federal Reserve officials, including Chair Jerome Powell, particularly at the New York Times DealBook Summit. Insights into future monetary policy directions could lead to increased volatility in financial markets. @tpwithus @tpwithusbot

🔵 Week Ahead: Key Economic Indicators and Market Focus for December 2nd, 2024 Read more in our website 🌐

🔵 Week Ahead: Key Economic Indicators and Market Focus for December 2nd, 2024 🇺🇸 United States: Spotlight on Employment Data November 🔵Jobs Report: The highlight of the week will be the release of the November jobs report, with expectations set for the U.S. economy to add approximately 183,000 jobs, a significant increase from October’s modest 12,000. The unemployment rate is projected to remain steady at 4.1%, while wage growth is anticipated to slow slightly to 0.3% from 0.4%. This report will be crucial for gauging the health of the labor market and its implications for consumer spending. @tpwithus @tpwithusbot

As we approach the week of December 2nd, traders should prepare for a pivotal week filled with critical economic data releases and central bank communications that could influence market sentiment and trading strategies. Here’s what to expect in the upcoming week. @tpwithus @tpwithusbot

Economic Calendar for first week of December 2024