Market´s Move

Today, the forex market revolved around the news of the Core PCE in the United States, which is the Fed's favorite indicator for measuring inflation. It was expected to remain at 4.7% but decreased to 4.6%. However, even though this news weakened the dollar today, it did not change my positive outlook on the currency. I do not believe that this divergence is significant enough to alter the Fed's perspective on monetary policy.

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

Interest Rates Probabilities:

Bank of Canada - Hike - 54%
Bank of England - Hike - 71%
Bank of Japan - Hold - 87%
European Central Bank - Hike - 88%
Federal Reserve - Hike - 81%
Reserve Bank of Australia - Hold - 63%
Reserve Bank of New Zealand - Hold - 92%
Swiss National Bank - Hike - 69%