[Belgrade Knez]

I have a feeling that market is going to react for 5min to the red data release and that’s it for the day ….. which way? seems depend on the news outcome

[GVI Forex 2]

EURGBP 30 Minute Chart

If you are looking for the flow behind the EURUSD bounce (after pausing above 1.0760 support) and a dip in GBPUSD< look no further than this EURGBP chart and a reversal of the earlier dip..

Currently testig .8556 *resistance and trendime_– hoLding so faR

 

[GVI Forex 2]

JP, I was referring to the data, not Fedspeak.

I doubt if he would change his tune but it would be a surporise.

[Belgrade Knez]

spreads are way to high at the moment …. waiting for NYO to get some volume in and spread to get to normal so can make some profit

 

[Mtl JP]

GVI 9:03 u mentioned “surprises”

in general , jerome is known for not being a fan of “surprise”s – ing markets

what are the odds that he ll make liar out of waller ?

[Mtl JP]

WTI 83.11

making 2x top

[GVI Forex 2]

For anyone looking to trade in a holiday thinned market the wait is on for the Fed’s favored n indicator – core PCE

Consensus is

0.3% m/m vs 0.4% in Feb
2.8% y/y vs 2.8% in Feb

Market will react to a surprise

Those still trading would normally pack it in after the data but Powell speaks 3 hours later.

See our Economic Calfndar

[GVI Forex 2]

• Out overnight

Japan FX Chief Calls Yen’s Slump Unusual, Vows to Act if Needed

• Kanda says yen moves not in line with economic fundamentals
• Will take action without ruling out options if needed, he adds (Bloomberg)

[GVI Forex 2]

TOKYO, March 28 (Reuters) – Japanese authorities are facing renewed pressure to combat a sustained depreciation in the yen, as traders drive down the currency on expectations that any further interest rate hikes by the central bank will be slow in forthcoming.

Explainer: What would Japanese intervention to boost a weak yen look like?

[GVI Forex 2]

11:30 a.m. March 29

Discussion — Chair Jerome H. Powell

Moderated Discussion with Kai Ryssdal

At the Federal Reserve Bank of San Francisco Macroeconomics and Monetary Policy Conference, San Francisco, Calif.

[SF Monedge]

In on the buy side of AudCad from 8820 to hold through Asia likely at least.

[SF Monedge]

That’s it for bitcoin at 72000, slippery slope ahead and you can bank on it.  Regulators and the split coming up in April.

[SF Monedge]

On the buy side here approaching the figure in UsdChf purely intra into Asia

[SF Monedge]

Volume today in stock options contracts is garbage.  From a position standpoint I am liking the drawback in Sterling and am eyeballing the buy side to hold approaching 2600

[SF Monedge]

10yr should hold here around 41.89 for a bit

[Mtl JP]

almost as if just-in-time ordered:
–
‘High-functioning anxiety’ is trending on TikTok: What it is and 3 signs to look out for”

https://www.cnbc.com/2024/03/28/high-functioning-anxiety-is-trending-on-tiktok-what-it-means.html

I prefer studying AND using it to skin some posipips exploiting the phenomenon

[Mtl JP]

IF one is actively trading around 1.08
maybe a good thing to look at is either the 10-yr or 2-yr price movement

personal choice

[Belgrade Knez]

this EU hourly need to close below 1.0797 for further down move

[Mtl JP]

it is degenerate traders vs 5 min/5pip artists

[SF Monedge]

JP we almost got that Dxy 105 we spoke of the other day, and here we go again indeed as of 5 minutes ago you cansee the flows

[Author]

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