the 5th of Aug, 2022 — Fridyay!
Intrude Into The Market Place: Day 3
You need to know what this article is, and is not. Financial advice is not part of the plot.
Gold Rallies Recent Days While Slows In The Others
Tips: crypto PAXG/USDT is almost equivalent to XAU/USD.
Overall, The dollar’s still on the run.
$DXY has been in ATH since Mar 2003.
What’s the correlation between “US Recession” vs $DXY in your opinion?
“That’s easy to change a definition.”
While having it known two consecutive contractions upon GDP quarterly growth, the relevant committee looks into different factors including growth in national income, job growth, and a raft of other economic indicators to define it — Recession.
Volatility S&P 500 Index
“Would the Fed turns dovish if the CPI is not peakkkkk… yet?”
While: Interest hike with Bull.
Then: Interest cut with Bear?
“Not Closed Yet — On The Monthly Scale”