FTS FOREX HUB (FUNDAMENTALS) @ftspipsflashcards Channel on Telegram

FTS FOREX HUB (FUNDAMENTALS)

@ftspipsflashcards


Best FX educational channel . For trading educational purpose only. flashcards for FX, V75, indices ,crypto currencies etc Using btmm, ict, price Action, Smart Money

FTS FOREX HUB (FUNDAMENTALS) (English)

Are you looking to enhance your knowledge and skills in the world of forex trading? Look no further than FTS FOREX HUB (FUNDAMENTALS) Telegram channel! With the username @ftspipsflashcards, this channel is dedicated to providing the best FX educational content for trading educational purposes only. FTS FOREX HUB (FUNDAMENTALS) offers a wide range of flashcards covering topics related to FX, V75, indices, cryptocurrencies, and more. Whether you are a beginner looking to learn the basics or an experienced trader wanting to refine your strategies, this channel has something for everyone. The content on this channel is curated by experts in the field who utilize various trading methodologies such as btmm, ict, price action, and smart money. By subscribing to FTS FOREX HUB (FUNDAMENTALS), you will have access to valuable insights and resources that can help you navigate the complexities of the forex market with confidence. Join the growing community of traders who are benefiting from the educational content available on FTS FOREX HUB (FUNDAMENTALS). Stay informed, stay sharp, and take your trading game to the next level. Subscribe today and start your journey towards becoming a more knowledgeable and successful trader!

FTS FOREX HUB (FUNDAMENTALS)

03 Feb, 00:33


USDCAD

FTS FOREX HUB (FUNDAMENTALS)

03 Feb, 00:26


Parts of the US, including the Pacific Northwest and Northeast US, are deeply reliant on electricity or gas flows from Canada. Under an energy emergency Trump declared his first day in office, refined gasoline and diesel, uranium, coal, biofuels and critical minerals were all given the lower 10% tariff.

Oil industry advocates, however, have warned against even a 10% increase in the cost of crude inputs into Midwestern refineries that have few near-term options to substitute with US supplies.

Democrats wasted no time in pouncing on messaging around how the trade moves could impact families’ budgets. “These tariffs will be devastating for American consumers,” Congressman Greg Stanton, an Arizona Democrat, and some 40 colleagues wrote in a Saturday letter.

“Trump’s tariffs on Mexico and Canada will make your life more expensive,” Stanton said more bluntly in a separate post on X.

Retaliatory Steps
Mexico was strident in rejecting the Trump administration’s allegation that it had alliances with drug traffickers, and suggested the US government curb demand and use of narcotics internally.

“Drug use and distribution is in your country and that is a public health problem that you have not addressed,” Mexican President Sheinbaum said in a post on X. “It is not by imposing tariffs that problems are resolved, but by talking.”

Mexico will also implement non-tariff measures, while calling for cooperation with the US on topics including security and addressing the fentanyl public health crisis, she said.

The Mexican economy could enter a “severe recession” if Trump’s tariffs remain in place for more than a quarter, according to Gabriela Siller, director of economic analysis at Grupo Financiero Base. “If the tariffs last several months, the Mexican peso depreciation could reach record highs.”

Canada’s Trudeau said American beer, wine, food and appliances will be among the many items subject to Canadian tariffs, and his country is also considering measures related to critical minerals. He encouraged Canadians to buy locally made products and skip US vacations.

The orders enacting the tariffs do create a process to remove them. Homeland Security Secretary Kristi Noem can inform Trump if the countries have taken adequate steps to alleviate concerns over migration and drugs, and the tariffs are removed if he agrees.

It’s not clear how realistic a prospect that is. Canada, for instance, already took steps to tighten its border to appease Trump, and it didn’t deter him.

In a speech Saturday night, Trudeau invoked Canada’s long history of partnership with the US. “We have fought and died alongside you,” he said, citing World War II, the Korean War and the recent war in Afghanistan.

Beginning of Talks
“Together, we’ve built the most successful economic, military, and security partnership the world has ever seen,” Trudeau said, urging Trump to partner with Canada on their shared challenges.

Although the European Union wasn’t among the targets of Trump’s executive actions on trade over the weekend, he’s often complained about what he sees as unfair treatment of American exports such as cars sold in Europe.

On Sunday, German Finance Minister Joerg Kukies cautioned against over-reacting.

“One should not react in panic to the first decision, but rather see it as the beginning of negotiations, not the end,” Kukies told German business representatives in Riyadh at the start of a trip aimed at improving trade ties in the Middle East.

FTS FOREX HUB (FUNDAMENTALS)

03 Feb, 00:24


rump campaigned on a platform of extensive tariffs and he followed through, though dialing back planned measures on China while increasing them on his neighbors. Most mainstream economists and many business groups warn that trade levies will disrupt supply chains, raise prices for consumers already wary of inflation and reduce global trade flows.

Sweeping Measures
The move represents yet another instance where Trump is testing the bounds of his emergency authorities under federal law — already a hallmark of his second term in the White House.

The tariff orders invoke the International Emergency Economic Powers Act and expand an earlier declaration to address what he calls a “threat to the safety and security of Americans.”

Read More: What Trump Aims to Achieve With His New Tariff Plans: QuickTake

Markets have been gripped by uncertainty as they awaited Trump’s decision on the tariffs, and there are now looming questions about how the levies will impact stocks, as well as companies and consumers.

Automakers such as General Motors Co., Ford Motor Co. and Stellantis NV, which have global supply chains and massive exposure to Mexico and Canada, could see significant swings. Industry groups warned that because of the tight integration of US and Canadian manufacturing, the imminent tariffs could have a steep impact on the industry.

“The imposition of tariffs will be detrimental to American jobs, investment and consumers,” Jennifer Safavian, the president of Autos Drive America, said in an emailed statement. “US automakers would be better served by policies that reduce barriers for manufacturers, ease regulations that hinder production and create greater export opportunities.”

Trump’s actions also closed a loophole that exempted packages worth less than $800 from tariffs. Extinguishing the so-called de minimis exemption for small parcels sent to the US from the three countries could significantly impact online retail — though the scope of the measure wasn’t immediately clear. While such changes would most directly affect Chinese retailers, American consumers who benefit from those platforms’ cheap goods would likely suffer, too.

The US loses a tremendous amount of tariff revenue by using the exemption, a US official told reporters on a briefing call.

FTS FOREX HUB (FUNDAMENTALS)

03 Feb, 00:24


FULL ARTICLE
Canada and Mexico vowed to hit back at the US after President Donald Trump followed through on threats to impose 25% tariffs on imports of their goods, instigating a trade war that’s set to reshape global supply chains.

Canadian Prime Minister Justin Trudeau said the country will impose 25% tariffs against C$155 billion ($106 billion) of US goods, while Mexican President Claudia Sheinbaum also pledged retaliation. China vowed “corresponding countermeasures” to Trump’s 10% levy on Chinese products, without immediately announcing any new tariffs.

A tit-for-tat tariff fight among the world’s major economies — Trump has warned Europe that it’s in his crosshairs, too — adds fresh headwinds to the outlook for global growth, for profits of companies suddenly facing higher import taxes and for financial markets adjusting to new trade flows.

“It marks a new phase of the trade war, which targets multiple countries, including allies and China, to meet US economic and geopolitical policy goals,” said Gary Ng, senior economist at Natixis SA.

loomberg Economics estimated that Trump’s move will raise the average US tariff rate to 10.7% from near 3% currently and “deal a significant supply shock” to the domestic economy. US gross domestic product would suffer a 1.2% hit and a widely watched gauge of core inflation would increase by 0.7%.

Emergency Declared
In an executive order posted on the White House website, Trump invoked the International Emergency Economic Powers Act, a 1970s-era law that grants the president broad tariff authority in national emergencies. He had threatened Mexico with this measure in 2019 but talks ultimately ended that dispute without Trump using it.

The responses from three of America’s biggest trading partners came shortly after he signed orders for the US tariffs on Saturday. The measures take effect at 12:01 a.m. on Tuesday, leaving only a small window for last-minute negotiations.

he weekend announcement meant the reaction from financial markets would have to wait until Monday in Asia. The risk of a trade war has helped fuel a rally in the dollar since Trump’s re-election on the assumption tariffs would fuel inflation and thus support US interest rates, as well as the greenback’s safe-haven status.

Trump’s threats last week drove the Bloomberg Dollar Spot Index up nearly 1%, its steepest climb since mid-November. The Mexican peso and the Canadian dollar each slumped.

WTO Case
China’s Commerce Ministry pledged to file legal proceedings to the World Trade Organization in a Sunday statement, but stopped short of explicitly threatening counter-tariffs. President Xi Jinping’s government has in recent months been treading carefully with Washington, avoiding any retaliation to trade curbs that could escalate tensions.

rump’s tariffs deliver on a warning to the three countries for what he says is a failure to prevent the flow of undocumented migrants and illegal drugs, though he had also teased the possibility of a reprieve if Mexico and Canada took steps to address his concerns.

The Republican’s orders also included retaliation clauses that would increase US tariffs if the countries respond in kind. The new measures will be on top of existing trade levies on those countries.

nergy imports from Canada, including oil and electricity, will be spared from the full 25% levy and will face a 10% tariff. White House officials said that was intended to minimize upward pressure on gasoline and home-heating oil prices.

Trump’s move is explosive in scale and goes well beyond his first-term tariffs. Steep tariffs will raise the cost of key goods like food, housing and gasoline for Americans, while the overall fallout threatens to spill widely across the countries, which are the largest three sources of US imports, accounting for almost half of total volume.

FTS FOREX HUB (FUNDAMENTALS)

03 Feb, 00:19


with this, you will understand that fundamental analysis is where the value is. it drives price and investors ( institutions) make moves with these analyses.

FTS FOREX HUB (FUNDAMENTALS)

03 Feb, 00:17


https://www.bloomberg.com/news/articles/2025-02-01/trump-hits-china-canada-mexico-with-tariffs-to-open-trade-war

FTS FOREX HUB (FUNDAMENTALS)

03 Feb, 00:16


this news happened on saturday and they vowed to retaliate against trump

FTS FOREX HUB (FUNDAMENTALS)

03 Feb, 00:15


This week, the Bank of England will hold a rate decision meeting, and as expected, they will cut rates by 25 basis points. GBPUSD is a sell on Thursday. Watch out for it.

FTS FOREX HUB (FUNDAMENTALS)

03 Feb, 00:14


MY FORECAST FOR THIS SEASON

FTS FOREX HUB (FUNDAMENTALS)

03 Feb, 00:13


USDCAD 🟢🟢🟢🟢
USDJPY 🟢🟢🟢🟢
USDCHF 🟢🟢🟢🟢
GBPUSD 🔴🔴🔴🔴
EURUSD 🔴🔴🔴🔴
AUDUSD 🔴🔴🔴🔴
NZDUSD 🔴🔴🔴🔴

GBPJPY 🔴🔴🔴🔴
EURJPY 🔴🔴🔴🔴
NZDJPY 🔴🔴🔴🔴
AUDJPY 🔴🔴🔴🔴
CHFJPY 🔴🔴🔴🔴

FTS FOREX HUB (FUNDAMENTALS)

03 Feb, 00:09


in this tariff hike season, we buy the rumor and sell the fact

FTS FOREX HUB (FUNDAMENTALS)

03 Feb, 00:08


Dollar against the G8 currencies, the dollar is strong, that Gap especially USDCAD wont recover until the negotiations are done

FTS FOREX HUB (FUNDAMENTALS)

03 Feb, 00:06


this is why we have GAP in the market. it won't be wise to trade against the US Dollar right now.

FTS FOREX HUB (FUNDAMENTALS)

03 Feb, 00:05


https://www.bloomberg.com/news/articles/2025-02-01/trump-signs-25-tariffs-on-canada-and-mexico-10-on-china

FTS FOREX HUB (FUNDAMENTALS)

29 Jan, 20:09


FULL ARTICLE
Here are key takeaways from the Federal Reserve's interest-rate decision on Wednesday:

1. Federal Open Market Committee votes unanimously to maintain benchmark rate in target range of 4.25%-4.5%

2. Statement removes language noting that labor market conditions have generally eased, saying instead that “the unemployment rate has stabilized at a low level” and “labor market conditions remain solid”

3. Statement removes reference to ongoing progress toward officials' 2% inflation goal, noting “inflation remains somewhat elevated”

4. Statement maintains language saying risks to achieving employment and inflation goals “are roughly in balance”

5. Statement maintains language that “in considering the extent and timing of additional adjustments” to rates, officials will assess incoming data, evolving outlook and balance of risks

FTS FOREX HUB (FUNDAMENTALS)

29 Jan, 20:07


https://www.bloomberg.com/news/articles/2025-01-29/key-takeaways-from-fed-decision-to-hold-rates-steady

FTS FOREX HUB (FUNDAMENTALS)

29 Jan, 20:01


https://www.bloomberg.com/news/articles/2025-01-29/fed-holds-rates-steady-pausing-for-further-inflation-progress

FTS FOREX HUB (FUNDAMENTALS)

29 Jan, 19:30


AFTER GOLD

FTS FOREX HUB (FUNDAMENTALS)

29 Jan, 19:29


gold h1

FTS FOREX HUB (FUNDAMENTALS)

29 Jan, 19:29


eyes on gold

FTS FOREX HUB (FUNDAMENTALS)

15 Jan, 07:18


CPI was below market expectations.

FTS FOREX HUB (FUNDAMENTALS)

08 Jan, 19:15


SUMMARY OF THE FOMC MINUTES AND ITS IMPACT ON THE DOLLAR
The Federal Open Market Committee (FOMC) convened on December 17–18, 2024, to assess the U.S. economic landscape and adjust monetary policy accordingly. In this meeting, the Committee decided to lower the target range for the federal funds rate by 25 basis points to 4.25%–4.5%.

Key Highlights from the Meeting:

- Economic Growth: The Committee observed moderate economic expansion, with real GDP growth projections for 2024 slightly revised upward, indicating resilience in economic activity.

- Labor Market: The labor market remained robust, characterized by low unemployment rates and steady job gains, suggesting sustained employment strength.

- Inflation: While inflation showed signs of moving toward the Committee's 2% objective, it remained somewhat elevated. The FOMC emphasized its commitment to monitoring inflation indicators closely to ensure price stability.

- Monetary Policy Stance: The decision to reduce the federal funds rate aimed to support continued economic expansion and mitigate potential risks. The Committee signaled a cautious approach to future rate adjustments, indicating that further cuts would be contingent upon incoming economic data and evolving conditions.

Implications for the U.S. Dollar (USD):

- Interest Rate Differential: The reduction in the federal funds rate narrows the interest rate differential between the U.S. and other economies. This narrowing can diminish the attractiveness of USD-denominated assets, potentially leading to a depreciation of the USD as investors seek higher returns elsewhere.

- Market Expectations: The FOMC's indication of a measured approach to future rate cuts introduces uncertainty regarding the trajectory of U.S. monetary policy. Such uncertainty can contribute to increased volatility in the USD as market participants adjust their positions based on anticipated policy moves.

- Economic Indicators: The Committee's focus on economic data implies that significant deviations from expected economic performance could prompt policy adjustments. Positive economic surprises may bolster the USD, while negative data could exert downward pressure.

Conclusion:

The FOMC's December 2024 meeting reflects a cautious yet responsive approach to monetary policy, aiming to balance economic growth with price stability. The implications for the USD will largely depend on future economic developments and the Committee's corresponding policy responses.

FTS FOREX HUB (FUNDAMENTALS)

07 Jan, 15:05


Gold 100pips

FTS FOREX HUB (FUNDAMENTALS)

06 Jan, 15:30


You don't just enter the FX market and start making money. You have to learn thoroughly, especially fundamental analysis, master your emotions (i.e., develop good psychology), and practice proper money management. On average, it takes 2–3 years to put all these elements together, even with a good mentor.

90% of retail traders don’t even apply fundamental analysis. They simply learn ICT and SMC, then jump into trading without understanding the factors driving price movements in specific directions.

Let me establish this fact: before your technical analysis plays out, fundamental analysis has already set the tone, and investors have priced in that direction.

What if I told you I don’t rely on higher time frame trends? I trade based on fundamental trends because I understand when the market changes bias fundamentally, and I adapt accordingly.

Understanding FX requires deep knowledge of key economic indicators such as interest rates, GDP, inflation, unemployment data, and both macroeconomic and microeconomic factors that influence a particular economy.

It’s not an easy task; you must be willing to learn and apply this knowledge to your trading. It’s difficult, and that’s why many people don’t succeed.

FTS FOREX HUB (FUNDAMENTALS)

06 Jan, 14:48


USD is riding higher

FTS FOREX HUB (FUNDAMENTALS)

06 Jan, 14:22


Raining pips

FTS FOREX HUB (FUNDAMENTALS)

06 Jan, 13:46


Gold 200pips 🔥🔥🔥🔥

FTS FOREX HUB (FUNDAMENTALS)

06 Jan, 12:06


NO CANDLE STICK PATTERN AT THE POi , NO ENTRY

FTS FOREX HUB (FUNDAMENTALS)

06 Jan, 12:06


USDJPY M15

FTS FOREX HUB (FUNDAMENTALS)

06 Jan, 11:50


GBPUSD 150PIPS

FTS FOREX HUB (FUNDAMENTALS)

06 Jan, 11:49


NZDJPY 50pips
AUDJPY 80pips
CADJPY 60pips
CHFJPY 60pips

FTS FOREX HUB (FUNDAMENTALS)

03 Jan, 14:52


TRADING OFFICIALLY BEGINS NEXT WEEK

FTS FOREX HUB (FUNDAMENTALS)

31 Dec, 23:37


Happy 2025

FTS FOREX HUB (FUNDAMENTALS)

19 Dec, 09:06


GJ 220PIPS
GBPNZD 140PIPS

FTS FOREX HUB (FUNDAMENTALS)

18 Dec, 11:00


Today's trade signals

FTS FOREX HUB (FUNDAMENTALS)

11 Dec, 21:06


BTCUSD

FTS FOREX HUB (FUNDAMENTALS)

11 Dec, 07:46


USDCHF

FTS FOREX HUB (FUNDAMENTALS)

11 Dec, 07:44


EURUSD : 80PIPS
USDCHF: 70PIPS

FTS FOREX HUB (FUNDAMENTALS)

09 Dec, 15:05


BTCUSD 170PIPS

FTS FOREX HUB (FUNDAMENTALS)

09 Dec, 13:56


GJ 130PIPS 🤑🤑🤑

FTS FOREX HUB (FUNDAMENTALS)

09 Dec, 13:33


BTCUSD 50PIPS

FTS FOREX HUB (FUNDAMENTALS)

09 Dec, 07:39


GJ 50PIPS 🤑🤑🤑🤑

FTS FOREX HUB (FUNDAMENTALS)

08 Dec, 05:32


The Truth About Trading Success: Why Fundamentals Matter

There will always be new inventions and discoveries of trading strategies, but none of them can override the importance of fundamentals. These strategies, no matter how promising, have a time limit. Eventually, they fail because they do not determine price movement or the primary market bias.

Here’s a truth every trader should know: Fundamentals determine market sentiment and market bias 99% of the time.
Your strategy, often based on technical analysis, is merely a tool for identifying entry points in the direction of fundamental market bias.

Have you ever wondered why you’re not making progress despite paying for multiple FX courses, none of which seem to work? The reason is simple: You were misled to believe that your strategy (technical analysis) is the ultimate solution—a "holy grail."

The reality is, the moment your strategy conflicts with the market bias (the direction of fundamental analysis, whether from a micro or macroeconomic perspective), you will lose the trade.

Why Fundamentals Matter
Fundamentals are not easy to master; they require time, patience, and dedication. However, embarking on this journey will reveal the true mechanics behind market movements. Once you embrace fundamentals, you’ll uncover the key to understanding the market’s inner workings.

What the Major Players Do
Key market players, such as institutional investors and central banks, respond to or price in key economic indicators—not technical analysis. Economic reports, geopolitical events, and monetary policies are what drive market sentiment and price action.

Stop Chasing Strategies, Start Learning Fundamentals
It’s time to stop chasing the next shiny technical strategy. Instead, invest your energy in learning fundamental analysis. The process may be challenging, but with proper guidance, it becomes manageable—and ultimately rewarding.

When you focus on fundamentals, you’ll not only grow as a trader but also unlock the truth behind market movements. Remember, your strategy is only as effective as its alignment with the market’s fundamental direction.

FTS FOREX HUB (FUNDAMENTALS)

07 Dec, 15:05


JUST IN: 🇺🇸 US Treasury compares Bitcoin to digital gold.

The "primary use case for Bitcoin seems to be a store of value aka digital gold."

@WatcherGuru

FTS FOREX HUB (FUNDAMENTALS)

06 Dec, 18:36


BTCUSD BEFORE AND AFTER 310pips

FTS FOREX HUB (FUNDAMENTALS)

06 Dec, 15:18


BTCUSD 100PIPS

FTS FOREX HUB (FUNDAMENTALS)

06 Dec, 14:12


Gold 100pips

FTS FOREX HUB (FUNDAMENTALS)

04 Dec, 07:42


USDJPY

FTS FOREX HUB (FUNDAMENTALS)

04 Dec, 07:42


GBPAUD

FTS FOREX HUB (FUNDAMENTALS)

26 Nov, 14:58


Today's setups

FTS FOREX HUB (FUNDAMENTALS)

18 Nov, 19:25


GBPUSD 40PIPS 🔥🔥🔥

FTS FOREX HUB (FUNDAMENTALS)

18 Nov, 19:23


Today's DAILY MARKET REVIEW ON THE DXY and the major pairs.

FTS FOREX HUB (FUNDAMENTALS)

13 Nov, 17:31


#WallStreet
@Forex_LiveStream

FTS FOREX HUB (FUNDAMENTALS)

13 Nov, 15:23


BTC 91k

FTS FOREX HUB (FUNDAMENTALS)

13 Nov, 15:17


US CPI CAME OUT BASED ON MARKET EXPECTATIONS AND IT WAS GOOD FOR THE DOLLAR. TRUMP EFFECT

FTS FOREX HUB (FUNDAMENTALS)

06 Nov, 07:26


The implications of this victory will strengthen the Green back and also strengthen the crypto ecosystem especially BTC.

This morning BTC did an ATH of 74K

FTS FOREX HUB (FUNDAMENTALS)

06 Nov, 07:25


It's a victory for Trump.

FTS FOREX HUB (FUNDAMENTALS)

26 Oct, 15:14


Israel finally attacked Iran 🇮🇷 today

FTS FOREX HUB (FUNDAMENTALS)

16 Oct, 06:38


GBP News results.

FTS FOREX HUB (FUNDAMENTALS)

26 Sep, 13:20


Gold sell due to initial jobless claims that fell below market expectations. Good signal 🤑🤑🤑🤑

FTS FOREX HUB (FUNDAMENTALS)

26 Sep, 13:13


Gold sell

FTS FOREX HUB (FUNDAMENTALS)

18 Sep, 18:36


🔰 1. Okay Guys, The Fed cut rates by 50 basis points to 5.00%. This is the first rate cut since March 2020.

🔰 2. The Fed’s dot-plot projected another 50bps of rate cuts in 2024, which would take interest rates to 4.50%.

🔰 3. Fed officials said risks to employment, inflation goals are now in balance.

🔰 4. The Fed’s statement said that the FOMC is strongly committed to supporting max employment, 2% inflation.

1/2

#USD #Gold
@Forex_LiveStream

FTS FOREX HUB (FUNDAMENTALS)

18 Sep, 18:36


🔰 Instant Reaction:
-U.S. Dollar Tumbles
-Bonds Yields Plunge
-Stocks Rally
-Gold Surges

🔰 Key Takeaway: Contrary to market expectations, the Fed delivered a 50bps cut.

🔰 Overall, the Fed’s statement struck a more dovish tone than was expected heading into the FOMC meeting.

The Fed Put is back.

🧵 2/2

#USD #Gold
@Forex_LiveStream

FTS FOREX HUB (FUNDAMENTALS)

18 Sep, 18:31


FOMC PRESS CONFERENCE

FTS FOREX HUB (FUNDAMENTALS)

18 Sep, 14:39


Few trades running

FTS FOREX HUB (FUNDAMENTALS)

18 Sep, 08:30


The data that came out was sticky and we had to buy based on market expectations.

FTS FOREX HUB (FUNDAMENTALS)

18 Sep, 07:26


Trades from this morning call

FTS FOREX HUB (FUNDAMENTALS)

17 Sep, 17:58


BTCUSD TRADE FROM THE WEEKLY OVERVIEW

FTS FOREX HUB (FUNDAMENTALS)

16 Sep, 06:50


MY WEEKLY MARKET REVIEW

FTS FOREX HUB (FUNDAMENTALS)

12 Sep, 13:03


The gold trade we took was based on fundamental reasons.
Here are the reasons:

1. The YoY CPI dropped from 2.9% to 2.5%, while the MoM CPI was 3.2%. Although market sentiment was bullish based on the MoM CPI data, the fact that the YoY CPI dropped to 2.5%, as expected, indicated that investors had already priced in a rate cut this month. This data also suggested that a 25-basis point (BP) rate cut would be implemented instead of the speculated 50 BP cut.
Therefore, we bought gold yesterday.

2. Today, the data released for initial jobless claims failed to strengthen the Dollar as expected, leading to another buy call, and we purchased gold again.