Today´s Moves

Today, the UK employment data was released, and it positively surprised the market, reaffirming my positive outlook on GBP. Additionally, one of the most anticipated data releases of the month, the US inflation rate, decreased from 4.9% to 4.0%, increasing the likelihood of the Fed keeping its interest rate unchanged tomorrow.

It is important to remember that the market can be volatile, and risk is always involved in any trade. Therefore, it is advisable to continue monitoring relevant economic indicators and news to make informed decisions and have a clear strategy and risk management plan to minimize potential losses. This is particularly relevant when considering significant currencies and commodities.

Perspective on major currencies and commodities.

USD-BEARISH
EUR-BEARISH
GBP-BULLISH
CAD-BEARISH
JPY-BEARISH
AUD-NEUTRAL
NZD-BEARISH
CHF-NEUTRAL
XAU-BULLISH
USOIL-NEUTRAL
US STOCKS-NEUTRAL

Interest Rates Probabilities:

Bank of Canada - Hike - 71%
Bank of England - Hike - 76%
Bank of Japan - Hold - 96%
European Central Bank - Hike - 96%
Federal Reserve - Hold - 92%
Reserve Bank of Australia - Hold - 66%
Reserve Bank of New Zealand - Hold - 92%
Swiss National Bank - Hike - 54%