My POV: đ
The next few days look like a serious test for the USD and the markets.
On Oct 2, we have Non-Farm Employment Change, Unemployment Rate, and Average Hourly Earnings â three major numbers that can quickly change expectations around the Fed and interest rates.
Then on Oct 7, the FOMC Meeting Minutes could give more clues about what the Fed is thinking behind the scenes. đŠ
And the real volatility could come on Oct 14, with Core CPI and CPI data dropping. đ„
For me, this is not a time to blindly chase candles. Iâd rather watch how the data changes Fed expectations, USD strength, bond yields, and risk sentiment before taking a position.
Strong jobs + sticky inflation = potentially stronger USD.
Weak jobs + softer inflation = potentially weaker USD.
But the market reaction matters more than the headline itself. Sometimes âgoodâ data gets sold and âbadâ data gets bought because traders were already positioned for it.
So my approach: wait for the numbers, watch the reaction, then trade the confirmation â not the prediction. đ
October could get very interesting. đđ„
$NMR
$éŸèŸ
$US
The next few days look like a serious test for the USD and the markets.
On Oct 2, we have Non-Farm Employment Change, Unemployment Rate, and Average Hourly Earnings â three major numbers that can quickly change expectations around the Fed and interest rates.
Then on Oct 7, the FOMC Meeting Minutes could give more clues about what the Fed is thinking behind the scenes. đŠ
And the real volatility could come on Oct 14, with Core CPI and CPI data dropping. đ„
For me, this is not a time to blindly chase candles. Iâd rather watch how the data changes Fed expectations, USD strength, bond yields, and risk sentiment before taking a position.
Strong jobs + sticky inflation = potentially stronger USD.
Weak jobs + softer inflation = potentially weaker USD.
But the market reaction matters more than the headline itself. Sometimes âgoodâ data gets sold and âbadâ data gets bought because traders were already positioned for it.
So my approach: wait for the numbers, watch the reaction, then trade the confirmation â not the prediction. đ
October could get very interesting. đđ„
$NMR
$éŸèŸ
$US
