ya , bend over jerome !!
–
Sen. Elizabeth Warren pushes Fed Chair Powell to cut ‘astronomical’ rates, ease housing pressure – cnbc

that is the ticket to all problems going POOF!

China deval seems almost inevitable, no?

EURUSD update

Currently 1.0811

1.08 = key psychological
1,0771 = 100 day mva
1.0722 = next key daily support

Welcome to our members slowly coming to our new website as we are still in a soft launch mode.

Feel free to post as we are planning to build towards being the go to site for serious traders.

.

Busy Week for Bonds Won’t Make Things Any Clearer for Traders
– (Bloomberg) — Bond traders looking for something to jolt the $27 trillion Treasury market out of its recent rut will probably still be left waiting for answers, even after a busy week packed with a Federal Reserve meeting, the government’s quarterly debt-sale plans and a slew of economic data.

jolt would be nice, maybe even exciting

Besides we traders need to spend more time in trading rather than in doing anything else. Reading the news or doing the accounting or even taking a nap can be done at the end of the work day or on weekends, but surely not during trading hours.

JP// January 27, 2024 at 12:52 pm #844

You can always feed the puss some red-wine.

Newsquawk Week Ahead:

FOMC, NFP, ISM Mfg PMI, BoE, EZ CPI and EZ GDP

Sun: New Zealand Trade Balance

Mon: Japanese Unemployment (Dec)

Tue: Israel Municipal Elections; Spanish Flash CPI (Jan), Swiss KOF (Jan), German Flash GDP (Q4), EZ Flash GDP (Q4), EZ Consumer Confidence Final (Dec), US Home Prices (Nov), JOLTS (Dec), Japanese Retail Sales (Dec)

Wed: Australian CPI, FOMC & BCB Policy Announcements, BoJ SOO (Jan); Chinese NBS PMIS (Jan), German Flash CPI (Jan), German Retail Sales (Dec), Import Prices (Dec), French Prelim. CPI (Jan), German Unemployment (Jan), EZ GDP Flash Prelim. (Q4), US ADP (Jan) and Employment Cost Index (Q4), Chicago PMI (Jan), Italian Prelim. PCI (Jan)

Thu: Chinese Caixin Manufacturing PMI (Jan), EZ/UK/US Manufacturing PMI Finals (Jan), EZ Flash CPI (Jan), BoE Announcement, ISM Manufacturing PMI (Jan).

Fri: US Jobs Report (Jan)

ON YOUR MIND
How to cope with financial stress affecting your mental health

– Open up to a trusted loved one
– Manage your emotions
– Create a plan and track your progress
– Work with a professional

Advice By Traci S. Williams – Washington Post

Traci S. Williams, PsyD, ABPP, CFT-I is a board-certified clinical psychologist and certified financial therapist. She helps families improve their emotional, mental and financial health

fwiw Traci does not talk about either getting or getting rid of a cat

All 3 major central banks are talking the same way, pushing back on rate cut expectations but not too hard. The question going forward is which CB will blink or whether markets blink first.

Next week Fed and BOE meetings.

DLRx 103.02

so how are players gaming the 2.9% PCE print vs “experts” 3% expectation ?

hahahaha . Lower trending inflation.
What does that make players think of what does the FED gang thinks about what to do about int rates ?
What does the FED gang want players to think about what the FED thinks eh ?

So lower incoming data such as this PCE saw the DLR tilt down some in reaction to it.
Looking at DLRs ytd daily chart its trendline is angled up.

Res 103.50
Sup 102.75/50

We have a lot of new features on our site. Here is one you can find in the menu bar (temporarily) under Trading Pit. See Trading Bias Table

test are my posts getting through

How do you think players will react to the PCE and

how do you plan to game players’ reaction to it ?

—
10-yr 4.118%; DLRx 103.05; euro 1.0873

Less than 2 hours until US PCE. Head scratcher was why USD rose earlier given expectations of a drop in core PCE.