Yahooo flyyy highh hit tp1 + running 30PIPS ! ✅
close half & hold set BE ! 💯
#tradewithknowledge
Gbpchf is gonna to shine! 🚀
+21pips collected from layering ✅ lets close half & hold with be+
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EURJPY steady boss! 🤣
First layer +72pips running ✅
Last layer +82pips running ✅
Hit tp1 baby! Fly 🚀
🔰 🔥 US NFP FULL Preview 🔥 🔰
⚡⚡ Expectations are for a 200K rise in Nonfarm Payrolls following the 261K increase in October while the US Unemployment Rate is seen steady at 3.7%. ⚡⚡
⛔ Layoffs, according to initial jobless claims and the JOLTS report, remain low, but discharges are only half the net hiring equation. Demand for additional workers appears to be slipping.
⛔ Job openings, hiring plans, PMI employment subcomponents and consumers' views of the labor market have all deteriorated since the spring. Beyond the headline, the average hourly earnings data also will be crucial for Federal Reserve policymakers.
⛔ It will take more than normalizing supply chains to return inflation to 2%, and slower wage growth is another important piece of the puzzle.”
⛔ “If the November labour market report surprises on the upside, the last USD bulls might get up their hopes because wage inflation is then likely to be high again. However, the labour market is typically the market on which a reversal in inflation developments is last to be observed.
⚠️️ That means that even in case of a positive surprise today the USD bears would not be forced to change their view.
🔰 🔥 Canadian Jobs Preview 🔥 🔰
⚡⚡ The North American economy is estimated to have created 5K jobs in November as against a massive jobs growth of 108.3K reported in October. The Unemployment Rate, however, is seen higher at 5.3% last month from October’s 5.2%. ⚡⚡
⛔ “We expect a 15K decline in Canadian jobs in November. A return of strong immigration to Canada though could cause the unemployment rate to rise in November to 5.4%, as the labor force participation rate rises. But it would take a more substantial drop in November employment (more than 50K) to significantly raise the probability of a smaller 25 bps hike in December.”
⛔ The prior month’s report was suspiciously strong (+108.3K) given slowing growth and declining business confidence. A trend reversal would therefore not be surprising;
🔥 #EUR 🔥 #ECB 🔥
⚠️️ ECB President Lagarde says monetary policy is complicated by uncertainties
⛔ says monetary policy is complicated by uncertainties,
including the global economy and CPI developments,
central banks must work to make sure CPI falls back to target,
we are hoping for short-term and bespoke fiscal policy..
🔥 #AUD 🔥 #RBA 🔥
⚠️ RBA Gov. Lowe says Australian inflation expectations are still well anchored
⛔ inflation expectations in remain well anchored ,
household spending in Australia has been resilient to the higher interest rates so far ,
in this cycle policy lags are likely to be longer ,
the Reserve Bank of Australia is attempting to slow inflation without too much negative impact on the economy ,
central banks are going to be confronting much greater variance in inflation rates ,
must show members of the public that CPI will come down to target..
⛔ The Reserve Bank of Australia meet on December 6. a +25bp rate hike is expected. I have seen expectations of a +15bp hike, which will bring the cash rate back to its regular 0, 0.25, 0.5, 0.75 little figures but I am not holding my breath for this. The current cash rate in Australia is 2.85%. A 15bp hike would bring it to 3.0%.