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Philly Fed Index Jumps Much More Than Expected In July

2024-07-17 2222

(fxcue news) - After reporting a slowdown in the pace of regional manufacturing growth in the previous month, the Federal Reserve Bank of Philadelphia released a report on Thursday showing the pace of growth reaccelerated by much more than expected in the month of July. The Philly Fed said its diffusion index for current general activity jumped to 13.9 in July from 1.3 in June, with a positive reading indicating growth. Economists had expected the index to inch up to 2.9. The report said most future activity indicators also rose, suggesting more widespread expectations for overall growth over the next six months.

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Philly Fed Index Jumps Much More Than Expected In July

U.S. Weekly Jobless Claims Climb More Than Expected

Soft Start Expected For Hong Kong Stock Market

Philly Fed Index Jumps Much More Than Expected In July

Thai Stock Market May Turn Lower Again On Friday

Gold prices plummeted nearly $20 in the short term, with a 2-minute transaction of $320 million!

Has the US dollar index rebounded from its low in the past four months, while the gold price has fallen from its high and peaked?

Crude oil trading reminder: signals of economic slowdown once again suppress demand expectations, with oil prices falling nearly 1%

China Shares May Open Under Pressure On Friday

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Trader

EURUSD trading, selling for profit

In the morning session of the Asian market, buying spot gold resulted in profits, while selling GBP/USD resulted in profits.

The price of gold has risen again, with 2 buy orders yielding profits and short-term sell orders yielding profits at high levels, perfect.

Suggestions for spot gold trading operations: Sell when the price rises close to 2680, sell when it unexpectedly rises above 2690, and buy when the price falls close to 61 or 54. I bought near 2650 in the morning yesterday and sold near 2670 and 2673 in the evening.

In terms of short-term trading strategy for Japanese gold, it is recommended to focus on buying with a pullback and selling with a rebound as a supplement. The short-term focus should be on the 2680-2685 resistance line above, and the short-term focus should be on the 2655-2650 support line below.

The price of gold remains strong, and we broke even today.

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Philly Fed Index Jumps Much More Than Expected In July

U.S. Weekly Jobless Claims Climb More Than Expected

Soft Start Expected For Hong Kong Stock Market

Philly Fed Index Jumps Much More Than Expected In July

Thai Stock Market May Turn Lower Again On Friday

Gold prices plummeted nearly $20 in the short term, with a 2-minute transaction of $320 million!

Has the US dollar index rebounded from its low in the past four months, while the gold price has fallen from its high and peaked?

Crude oil trading reminder: signals of economic slowdown once again suppress demand expectations, with oil prices falling nearly 1%

China Shares May Open Under Pressure On Friday

Please sign in

Trader

EURUSD trading, selling for profit

In the morning session of the Asian market, buying spot gold resulted in profits, while selling GBP/USD resulted in profits.

The price of gold has risen again, with 2 buy orders yielding profits and short-term sell orders yielding profits at high levels, perfect.

Suggestions for spot gold trading operations: Sell when the price rises close to 2680, sell when it unexpectedly rises above 2690, and buy when the price falls close to 61 or 54. I bought near 2650 in the morning yesterday and sold near 2670 and 2673 in the evening.

In terms of short-term trading strategy for Japanese gold, it is recommended to focus on buying with a pullback and selling with a rebound as a supplement. The short-term focus should be on the 2680-2685 resistance line above, and the short-term focus should be on the 2655-2650 support line below.

The price of gold remains strong, and we broke even today.

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