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@ashleyiisinthebookoflife:

Ashley Solves Mysteries
Ashley Solves Mysteries
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Region: NG
Monday 10 April 2023 11:37:36 GMT
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Успех?
Успех?
What is happening to stocks? NFP print came in strong. Jobs market in the USA seems very resilient. Yet stocks crashed right after the print? It is all about interest rates. Inflation is running hot in the US. CPI is at 3.8%. That is way above target. Strong jobs market + hot inflation is the perfect scenario for the FED to hike interest rates. Hiking rates is bearish for stocks and bullish USD. That is why I am short GBPUSD and the position is about to hit the take profit.
What is happening to stocks? NFP print came in strong. Jobs market in the USA seems very resilient. Yet stocks crashed right after the print? It is all about interest rates. Inflation is running hot in the US. CPI is at 3.8%. That is way above target. Strong jobs market + hot inflation is the perfect scenario for the FED to hike interest rates. Hiking rates is bearish for stocks and bullish USD. That is why I am short GBPUSD and the position is about to hit the take profit.

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