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- 32 Results (31 Replies , 1 Comment )
- IgorGG replied Apr 18, 2024
Dollar is reaching its top as of the latest re-pricing in rates expectations -higher yields. Significantly stronger data is needed to push dollar further up which is highly unlikely. In fact, while the jobs market did add much more jobs than ...
- IgorGG replied Mar 23, 2024
Those years are not relevant to the situation we are at now. Rates are the main focus and yields are the expectations of future rates. USD will follow the 10yr and the logical path is lower.
- IgorGG replied Mar 23, 2024
Anticipating USD correction early next week image
- IgorGG replied Mar 21, 2024
Trade setup I'm looking for: if Cable drops to 1.2615 tomorrow, it provides a good buying opportunity for a trade to 1.27 (which I would expect early next week). I expect range bound trading until next Friday where we get PCE and probably a big ...
- IgorGG replied Jan 2, 2024
Happy New Year, whish you all many pips. GBP tends to fall in the first half on January, and I think the conditions are right for a retracement towards 1.25. Also, we're getting important data this week that might serve as a catalyst, especially the ...
- IgorGG replied Nov 28, 2023
All targets hit sooner than expected, so this year is done for me. Next year initial goal for GBP/USD 1.35; dxy 94. Good luck everyone and happy holidays.
- IgorGG replied Nov 14, 2023
Target hit As for me and my household, we shall go on vacation.
- IgorGG replied Nov 10, 2023
Could today be the end of this retracement? We finally had softer US data last week, but one swallow doesn't make a summer. If next week data confirms downturn, we could finally get sustainable trend upwards to 1.25 which is my target. And possibly ...
- IgorGG replied Oct 17, 2023
Tomorrow, early in the morning, we're going to have lots of volatility from the CPI release. I expect it to come in softer than expected, which will weigh down on GBP initially, but I'm bullish on the pair and will use any drop to buy. I think USD ...
- IgorGG replied Sep 20, 2023
Today's the big date. We're not quite as low as I thought, and inflation didn't surprise to the upside. While the inflation print was initially negative for the GBPUSD rate, you can certainly find positives for the GBP in the report. Also, the ...
- IgorGG replied Sep 10, 2023
The September is about to get volatile in the coming days. I expect GBP to bottom out by 20th, when I expect inflation to show signs of resurgence again in the UK and put pressure on bonds (pushing the yields higher) and in turn pushing the GBP ...
- IgorGG replied Aug 15, 2023
In my opinion, the UK CPI tomorrow is set to stay above 7% and well above the consensus. What will the Pound's reaction be? Hard to tell, selloff if we're looking at the recent prints, but stay cautious.
- IgorGG replied Jul 19, 2023
and that's another week done...
- IgorGG replied Jul 16, 2023
My guesstiamte is UK Cpi undershoots forecasted consensus, although I've read some article on Bloomberg the consensus is quite optimistic. Sells either way, not much dry powder left for the longs.
- IgorGG replied Jun 27, 2023
Really strong consumer confidence spoiled the rally I was hoping for, but it was a bullish day nonetheless, as expected. Softer print in Canada's CPI means we could get a softer print in the US CPI as well, and optimistic economic data means that ...
- IgorGG replied Jun 26, 2023
Coming into Tuesday with a bullish GBP bias, but it's going to be a mad day considering all the economic releases. The thing that sticks out to me is the consensus on consumer confidence. It is expected to come in higher than the previous report, ...
- IgorGG replied Jun 23, 2023
PMI garners more attention than any other economic release other than the monthly employment report. It is a leading indicator that depicts the general state of manufacturing and services sectors and of larger economy, but in a broad strokes. So the ...
- IgorGG replied Jun 23, 2023
Both GBP and USD are showing significant strength vs. most other major currencies, but that makes the pair difficult to trade, so my week is done. Fed speakers have no reason to change the tone, and the S&P PMIs are just not as important because ISM ...
- IgorGG replied Jun 22, 2023
It is very important to know why something did or did not happen, and it is as important to have expectations for future events and a clear idea of how you will act if your expectations are met, exceeded, or fall short.
- IgorGG replied Jun 22, 2023
A bit underwhelming day. I did not expect a 0.5% hike, and looking at yesterday's inflation report, the sectors driving the inflation don't get affected by the rate hikes anyway. It might be a policy mistake, but we'll see that in the coming months. ...