The U.S. dollar index began to turn downward, and the probability of interest rate hikes rose to 32% after the release of non-agricultural data. It is enough to look at how the market will play these two indicators.
US dollar index fell -> positive
5.50 - 5.75 probability decrease -> positive
On the contrary, it is negative. The market is still in the game stage, so we see that both long and short are inserting their needles. The game will come to an end when the CPI data comes out.
US dollar index fell -> positive
5.50 - 5.75 probability decrease -> positive
On the contrary, it is negative. The market is still in the game stage, so we see that both long and short are inserting their needles. The game will come to an end when the CPI data comes out.
