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Key trading events 10.07.2024​


We are still looking for that one moment in time to get either a very big beat or miss in data that starts to set a story or a trend and so we await every big data point with excitement. As I type, we are listening to the FED Powell testimony but given his introduction statement read similar to the last FED meeting, there is little to take away from it and all hope is on Thursday’s US CPI data. The USD has been a touch under pressure since last weeks big ISM miss. And a mixed US Payroll data, the USD does feel as if it has a bit of issues BUT to get a continued push lower in the USD , we would need softer US CPI data on Thursday, personally, I expect benign data but I fear it be similar to the last PCE where we did see small progress lower but all just in the range of expectations, to wake up this market we would need a significant drop in CPI to see the USD really get hit, so at best, we currently see a slow trend lower in the USD and only a real data miss would see an acceleration.


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We are celebrating 5 Years of MarketsVox!

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Hello there,

We are celebrating 5 Years of MarketsVox!

5 weeks of discounts, promotions and bonuses:
For 5 weeks, every Monday new special anniversary season offer will be presented. Make sure you benefit from each of the offers!

This week - 55 USD NO DEPOSIT BONUS!
Hurry up because this offer is valid till 25.10.2024.

Register here!

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