Blog — HAAWKS

Viewing entries tagged
GBPUSD

Comment

Share

67 pips and 104 points potential profit in 199 seconds on 13 December 2023, analysis on futures forex fx low latency news trading USDJPY, EURUSD and US30 on FOMC Interest Rate Decision data

According to our analysis USDJPY and EURUSD moved 67 pips and US30 104 points on FOMC Interest Rate Decision and Projections data on 13 December 2023.

USDJPY (37 pips)

EURUSD (30 pips)

US30 (104 points)

Charts are exported from JForex (Dukascopy).


FOMC Projections - December 13, 2023

Summary of Economic Projections:

Real GDP Growth:

  • 2023:

    • December projection: Median 2.6%

    • September projection: Median 2.1%

  • 2024:

    • December projection: Median 1.4%

    • September projection: Median 1.5%

Unemployment Rate:

  • 2023:

    • December projection: Median 3.8%

    • September projection: Median 3.8%

  • 2024:

    • December projection: Median 4.1%

    • September projection: Median 4.1%

PCE Inflation:

  • 2023:

    • December projection: Median 2.8%

    • September projection: Median 3.3%

  • 2024:

    • December projection: Median 2.4%

    • September projection: Median 2.5%

Core PCE Inflation:

  • 2023:

    • December projection: Median 3.2%

    • September projection: Median 3.7%

  • 2024:

    • December projection: Median 2.4%

    • September projection: Median 2.6%

Federal Funds Rate (Projected Appropriate Policy Path):

  • 2023:

    • December projection: Median 5.4%, Range 5.4–5.4%.

    • September projection: Median 5.6%, Range 5.4–5.6%.

  • 2024:

    • December projection: Median 4.6%, Range 4.4–4.9%.

    • September projection: Median 5.1%, Range 4.6–5.4%.

  • 2025:

    • December projection: Median 3.6%, Range 3.1–3.9%.

    • September projection: Median 3.9%, Range 3.4–4.9%.

  • 2026:

    • December projection: Median 2.9%, Range 2.5–3.1%.

    • September projection: Median 2.9%, Range 2.5–4.1%.

  • Longer Run:

    • December projection: Median 2.5%, Range 2.4–3.8%.

    • September projection: Median 2.5%, Range 2.4–3.8%.

Comparison with September Projections:

  • GDP growth projections for 2023 have increased from 2.1% to 2.6%.

  • Unemployment rate projections for 2023 remain at 3.8%, while projections for 2024 have increased slightly.

  • PCE inflation projections for 2023 have decreased from 3.3% to 2.8%.

  • Core PCE inflation projections have decreased across all years.

  • The projections for the federal funds rate have generally decreased for each year from 2023 to the longer run.

  • The median projections for 2023 and 2024 are slightly lower in December compared to September.

  • The ranges for 2023 and 2024 are narrower in December, indicating a bit more consensus among participants.

  • The longer-run median and range are consistent between December and September.

Summary of the FOMC Statement - December 13, 2023:

  • Economic activity has slowed from its strong pace in Q3.

  • Job gains have moderated, but the unemployment rate remains low.

  • Inflation has eased over the past year but remains elevated.

  • The U.S. banking system is sound, but tighter financial conditions may impact economic activity, hiring, and inflation.

  • The federal funds rate target range is maintained at 5-1/4 to 5-1/2 percent.

  • The Committee remains attentive to inflation risks and committed to returning inflation to its 2 percent objective.

  • The Committee will assess information for future policy decisions, considering the cumulative tightening of monetary policy and economic developments.

  • The Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities.

  • Voting for the monetary policy action includes Powell, Williams, Barr, Bowman, Cook, Goolsbee, Harker, Jefferson, Kashkari, Kugler, Logan, and Waller.

Source: https://www.federalreserve.gov/newsevents/pressreleases/monetary20231213a.htm, https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20231213.htm


Start futures forex fx news trading with Haawks G4A low latency machine-readable data, one of the fastest machine-readable news trading feeds for US economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

Comment

Share

Comment

Share

35 pips potential profit in 61 seconds on 8 December 2023, analysis on forex fx futures news trading USDJPY and EURUSD on US Employment Situation (Non-farm payrolls/NFP) data

According to our analysis USDJPY and EURUSD moved around 35 pips on US Employment Situation (Non-farm payrolls / NFP) data on 8 December 2023.

USDJPY (23 pips)

EURUSD (12 pips)

Charts are exported from JForex (Dukascopy).


The Employment Situation Summary for November 2023, released by the U.S. Bureau of Labor Statistics (BLS), provides key insights into the labor market. Here are the highlights:

Household Survey Data:

  1. Unemployment Rate: The unemployment rate decreased to 3.7 percent, with 199,000 new jobs added in November.

  2. Demographic Unemployment Rates:

    • Teenagers: 11.4 percent (down in November).

    • Adult men: 3.7 percent.

    • Adult women: 3.1 percent.

    • Whites: 3.3 percent.

    • Blacks: 5.8 percent.

    • Asians: 3.5 percent.

    • Hispanics: 4.6 percent.

  3. Long-Term Unemployment: The number of long-term unemployed (jobless for 27 weeks or more) decreased to 1.2 million, accounting for 18.3 percent of all unemployed persons.

  4. Labor Force Participation: The employment-population ratio increased to 60.5 percent. The labor force participation rate was little changed at 62.8 percent.

  5. Part-Time Employment: The number of persons employed part-time for economic reasons decreased by 295,000 to 4.0 million in November.

  6. Persons Not in the Labor Force: The number of persons not in the labor force who wanted a job was 5.3 million, little different from the prior month.

Establishment Survey Data:

  1. Nonfarm Payroll Employment: Increased by 199,000 in November, with job gains in health care, government, and manufacturing. Retail trade employment declined.

  2. Industry-Specific Employment:

    • Health care: +77,000 jobs.

    • Government: +49,000 jobs.

    • Manufacturing: +28,000 jobs (reflecting the return of workers from a strike).

    • Retail trade: -38,000 jobs.

    • Leisure and hospitality: +40,000 jobs.

    • Social assistance: +16,000 jobs.

    • Information: +10,000 jobs (motion picture and sound recording industries added 17,000 jobs).

    • Transportation and warehousing: Little change.

    • Other major industries: Little change.

  3. Average Hourly Earnings: Rose by 12 cents (0.4 percent) to $34.10 for all employees on private nonfarm payrolls. Over the past 12 months, average hourly earnings increased by 4.0 percent.

  4. Average Workweek: Edged up by 0.1 hour to 34.4 hours for all employees on private nonfarm payrolls.

  5. Revisions: The change in total nonfarm payroll employment for September was revised down by 35,000, and the change for October remained at +150,000. Combined, employment in September and October is 35,000 lower than previously reported.

The next Employment Situation report for December is scheduled for release on Friday, January 5, 2024, at 8:30 a.m. (ET).

Source: https://www.bls.gov/news.release/empsit.nr0.htm


Start forex fx futures news trading with Haawks G4A low latency machine-readable data today, one of the fastest news data feeds for US economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

Comment

Share

Comment

Share

58 pips and 222 points potential profit in 444 seconds on 14 November 2023, analysis on futures forex fx low latency news trading EURUSD, USDJPY and US30 on US BLS Consumer Price Index (CPI) data

According to our analysis EURUSD and USDJPY moved 58 pips and US30 moved 222 points on US BLS CPI (Consumer Price Index) data on 14 November 2023.

EURUSD (38 pips)

USDJPY (20 pips)

US30 (222 points)

Charts are exported from JForex (Dukascopy).


The Consumer Price Index for All Urban Consumers (CPI-U) remained unchanged in October, following a 0.4 percent increase in September. Over the last 12 months, the all items index increased by 3.2 percent before seasonal adjustment.

Components:

  • Shelter: The index for shelter continued its upward trend, compensating for a decline in the gasoline index, resulting in a stable seasonally adjusted index for the month.

  • Energy: The energy index fell by 2.5 percent in October, largely due to a significant decline in the gasoline index. The energy index decreased by 4.5 percent over the last 12 months.

  • Food: The food index increased by 0.3 percent, with the index for food at home rising by 0.3 percent and food away from home rising by 0.4 percent.

  • All Items Less Food and Energy: This index rose by 0.2 percent in October, driven by notable increases in rent, owners' equivalent rent, motor vehicle insurance, medical care, recreation, and personal care.

Inflation Rates:

  • All Items: The all items index rose by 3.2 percent for the 12 months ending October, a smaller increase than the 3.7-percent rise for the 12 months ending September.

  • All Items Less Food and Energy: This index rose by 4.0 percent over the last 12 months, its smallest 12-month change since September 2021.

  • Energy: The energy index decreased by 4.5 percent for the 12 months ending October.

Selected Categories:

  • Food at Home: The index rose by 2.1 percent over the last 12 months.

  • Food Away From Home: The index rose by 5.4 percent over the last year.

  • Energy Commodities: Notable decline of 6.2 percent over the last 12 months.

  • New Vehicles: An increase of 1.9 percent.

  • Used Cars and Trucks: A decrease of 7.1 percent.

Notable Changes:

  • Shelter: The shelter index played a significant role in the monthly increase in the index for all items less food and energy.

  • Medical Care: The medical care index rose by 0.3 percent in October, with increases in hospital services and prescription drugs.

  • Transportation Services: Experienced an increase of 9.2 percent over the month.

Market Reaction: In response to this CPI data, the financial markets exhibited specific movements:

  • EURUSD: Demonstrated an upward movement of 38 pips, reflecting a stronger Euro against the US Dollar.

  • USDJPY: Experienced a downward movement of 20 pips, indicating a weaker US Dollar against the Japanese Yen.

  • US30 (Dow Jones): Showed an upward movement of 222 points, suggesting positive sentiment in the stock market.

Outlook: The all items index rose by 3.2 percent over the last 12 months. The next CPI for November 2023 is scheduled to be released on December 12, 2023.

This comprehensive overview combines CPI data, market reactions, and potential economic implications, providing a well-rounded understanding of the economic landscape in October 2023.

Source: https://www.bls.gov/news.release/cpi.nr0.htm


Start futures forex fx news trading with Haawks G4A low latency machine-readable data, one of the fastest machine-readable news trading feeds for US macro-economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

Comment

Share

Comment

Share

58 pips and 83 points potential profit in 89 seconds on 3 November 2023, analysis on forex fx futures news trading USDJPY, EURUSD and US30 on US Employment Situation (Non-farm payrolls/NFP) data

According to our analysis USDJPY and EURUSD moved around 58 pips and US30 around 83 points on US Employment Situation (Non-farm payrolls / NFP) data on 3 November 2023.

USDJPY (36 pips)

EURUSD (22 pips)

US30 (83 points)

Charts are exported from JForex (Dukascopy).


BLS Employment Report - October 2023:

The U.S. Bureau of Labor Statistics released its Employment Situation Summary for October 2023. The key points from the report are as follows:

  • Total nonfarm payroll employment increased by 150,000 in October.

  • The unemployment rate remained largely unchanged at 3.9 percent.

  • Job gains were seen in the health care, government, and social assistance sectors, while manufacturing employment declined due to strike activity.

  • Household survey data revealed that the unemployment rate stood at 3.9 percent, with 6.5 million unemployed persons.

Market Reaction:

In response to the BLS report, financial markets exhibited notable reactions:

  • USD/JPY: The USD/JPY currency pair moved 36 pips down, indicating a weakening of the U.S. Dollar against the Japanese Yen. This reaction in the forex market suggests concerns about the U.S. economic outlook.

  • EUR/USD: The EUR/USD currency pair moved 22 pips up, reflecting a strengthening of the Euro against the U.S. Dollar. This may imply confidence in the European economy relative to the U.S.

  • US30 (Dow Jones Industrial Average): The Dow Jones Industrial Average gained 83 points, suggesting positive sentiment in the stock market. Investors viewed the employment report as a positive sign for the U.S. economy.

Expectation vs. Reality:

It's important to note that the actual non-farm payroll figures in the October report deviated from expectations. While expectations were for a higher figure, the actual employment gains were reported at 150,000, which was below the anticipated number. This discrepancy between expectations and the actual result can impact market sentiment and trading strategies.

In summary, the BLS report for October 2023 showed modest job growth and relatively stable unemployment rates, with notable market reactions. The difference between the expected and actual non-farm payroll figures highlights the dynamic nature of economic data and its influence on financial markets.

Source: https://www.bls.gov/news.release/empsit.nr0.htm


Start forex fx futures news trading with Haawks G4A low latency machine-readable data today, one of the fastest news data feeds for US economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

Comment

Share

Comment

Share

11 pips potential profit in 9 seconds on 12 October 2023, analysis on futures forex fx low latency news trading EURUSD on US BLS CPI (Consumer Price Index) data

According to our analysis EURUSD moved 11 pips on US BLS CPI (Consumer Price Index) data on 12 October 2023.

EURUSD (11 pips)

Charts are exported from JForex (Dukascopy).


Consumer Price Index (CPI) Summary - September 2023

The Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.4 percent in September, following a 0.6 percent rise in August. Over the past 12 months, the all items index saw a 3.7 percent increase before seasonal adjustments.

The largest contributor to the monthly increase in all items was the shelter index, accounting for over half of the rise. The gasoline index also significantly contributed to the monthly increase. While energy component indexes showed mixed results in September, the overall energy index increased by 1.5 percent during the month. The food index rose by 0.2 percent, consistent with the previous two months. Food at home increased by 0.1 percent, while food away from home rose by 0.4 percent.

Excluding food and energy, the all items index increased by 0.3 percent in September, matching the August increase. Several indexes recorded increases, including rent, owners' equivalent rent, lodging away from home, motor vehicle insurance, recreation, personal care, and new vehicles. On the other hand, indexes for used cars and trucks, as well as apparel, saw decreases over the month.

Over the 12 months ending in September, the all items index increased by 3.7 percent, the same rate as in August. However, the all items less food and energy index increased by 4.1 percent over the last year. The energy index decreased by 0.5 percent for the 12 months ending in September, while the food index increased by 3.7 percent over the same period.

This CPI report aligns with a forecasted month-over-month increase of 0.3 percent and a year-over-year increase of 3.7 percent. The data reflects changing consumer prices and provides insights into inflationary trends.

Source: https://www.bls.gov/news.release/cpi.nr0.htm


Start futures forex fx news trading with Haawks G4A low latency machine-readable data, one of the fastest machine-readable news trading feed for US economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

Comment

Share

Comment

Share

9 pips and 115 points potential profit in 85 seconds on 6 October 2023, analysis on forex fx futures news trading EURUSD and US30 on US Employment Situation (Non-farm payrolls/NFP) data

According to our analysis EURUSD moved around 9 pips and US30 around 115 points on US Employment Situation (Non-farm payrolls / NFP) data on 6 October 2023.

EURUSD (9 pips)

US30 (115 pips)

Charts are exported from JForex (Dukascopy).


On October 6, 2023, several key economic indicators provided insights into the state of the U.S. economy and financial markets:

  1. Employment Situation: The U.S. Bureau of Labor Statistics reported that total nonfarm payroll employment increased by 336,000 in September. The unemployment rate remained steady at 3.8%. Job gains were observed in various sectors, including leisure and hospitality, government, health care, professional and technical services, and social assistance.

  2. Unemployment Rates: The unemployment rates for different demographic groups showed little change in September, with adult men at 3.8%, adult women at 3.1%, teenagers at 11.6%, Whites at 3.4%, Blacks at 5.7%, Asians at 2.8%, and Hispanics at 4.6%.

  3. Long-Term Unemployment: The number of long-term unemployed individuals (jobless for 27 weeks or more) remained relatively stable at 1.2 million, accounting for 19.1% of all unemployed persons.

  4. Labor Force Participation and Employment-Population Ratio: Both the labor force participation rate (62.8%) and the employment-population ratio (60.4%) experienced no significant changes.

  5. Part-Time Employment: Approximately 4.1 million individuals were employed part-time for economic reasons, reflecting limited changes in their employment status.

  6. Persons Not in the Labor Force: Around 5.5 million people who wanted a job but were not actively seeking one were categorized as not in the labor force.

  7. Average Hourly Earnings: Average hourly earnings for all employees on private nonfarm payrolls increased by 0.2% to $33.88. Over the past year, average hourly earnings rose by 4.2%.

  8. Workweek: The average workweek remained steady at 34.4 hours for all employees on private nonfarm payrolls.

  9. Revisions: Previous employment data were revised upwards, with July's nonfarm payroll employment revised from +157,000 to +236,000, and August's revised from +187,000 to +227,000. This resulted in a combined increase of 119,000 jobs.

Forecasts and Expectations:

  • The unemployment rate had been forecasted at 3.7%, but it remained at 3.8%.

  • Nonfarm payrolls were forecasted at 170,000, but they exceeded expectations with an increase of 336,000.

  • Private nonfarm payrolls were forecasted at 160,000.

  • Average Hourly Earnings (MoM) was forecasted at 0.3%, but it came in at 0.2%.

  • Average Hourly Earnings (YoY) (YoY) was forecasted at 4.3%.

In summary, the U.S. labor market showed signs of resilience in September, with stronger-than-expected job gains and a steady unemployment rate. However, some indicators, such as wage growth, came in slightly below forecasts, suggesting potential challenges in achieving higher income growth for workers. The revised employment data for July and August also indicated a more robust labor market performance than previously reported.

Source: https://www.bls.gov/news.release/empsit.nr0.htm


Start forex fx futures news trading with Haawks G4A low latency machine-readable data today, the fastest news data feed for US economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

Comment

Share

Comment

Share

21 pips potential profit in 40 seconds on 13 September 2023, analysis on futures forex fx low latency news trading EURUSD and USDJPY on US BLS CPI (Consumer Price Index) data

According to our analysis EURUSD and USDJPY moved 21 pips on US BLS CPI (Consumer Price Index) data on 13 September 2023.

EURUSD (12 pips)

USDJPY (9 pips)

Charts are exported from JForex (Dukascopy).


On September 13, 2023, the United States Bureau of Labor Statistics (BLS) released data related to the Consumer Price Index (CPI). In this release, both Core CPI (excluding food and energy) and CPI Year-over-Year (YoY) exceeded market expectations by 0.1 percentage points. This data suggested a notable increase in inflationary pressures within the United States.

Market participants responded to this stronger-than-anticipated CPI data by favoring the United States Dollar (USD) in forex trading. This shift in sentiment resulted in the Euro/USD (EUR/USD) currency pair depreciating, while the USD/Japanese Yen (USD/JPY) currency pair appreciated. The rationale behind this movement was rooted in expectations of the Federal Reserve adopting a potentially more stringent monetary policy to combat inflationary pressures.

Furthermore, the CME FedWatch tool, which gauges market expectations regarding Federal Reserve actions, displayed a remarkable 97% probability that the Federal Funds Rate would remain unaltered during the Federal Reserve's upcoming meeting scheduled for September 20. This high probability reflected a strong consensus among market participants that the Federal Reserve would maintain the current target range for the Federal Funds Rate without implementing any adjustments.

In summary, the CPI data release prompted forex market reactions wherein the USD gained strength against the EUR and JPY due to expectations of a stable interest rate policy by the Federal Reserve. Additionally, the market's high level of confidence in the status quo of monetary policy was reaffirmed by the CME FedWatch tool's 97% probability of no rate changes during the forthcoming Federal Reserve meeting on September 20.

Source: https://www.bls.gov/news.release/cpi.nr0.htm


Start futures forex fx news trading with Haawks G4A low latency machine-readable data, one of the fastest machine-readable news trading feed for US economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

Comment

Share

Comment

Share

23 pips potential profit in 64 seconds on 30 August 2023, analysis on futures forex fx low latency news trading USDJPY and EURUSD on US GDP (Gross Domestic Product) data

According to our analysis USDJPY and EURUSD moved 23 pips on US GDP (Gross Domestic Product) data on 30 August 2023.

Start futures forex fx news trading with Haawks G4A low latency machine-readable data, the fastest machine-readable news trading feed for US economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

USDJPY (14 pips)

EURUSD (9 pips)

Charts are exported from JForex (Dukascopy).

Comment

Share

Comment

Share

54 pips potential profit in 88 seconds on 13 July 2023, analysis on futures forex fx low latency news trading USDJPY and EURUSD on US Jobless Claims and US Producer Price Index (PPI) data

According to our analysis USDJPY and EURUSD moved 54 pips on US Jobless Claims and US Producer Price Index (PPI) data on 13 July 2023.

Start futures forex fx news trading with Haawks G4A low latency machine-readable data, the fastest machine-readable news trading feed for US economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

USDJPY (38 pips)

EURUSD (16 pips)

Charts are exported from JForex (Dukascopy).

Comment

Share

Comment

Share

45 pips potential profit in 332 seconds on 18 May 2023, analysis on futures forex fx low latency news trading USDJPY and EURUSD on US Jobless Claims and US Philadelphia Fed Manufacturing data

According to our analysis USDJPY and EURUSD moved 45 pips on US Jobless Claims and US Philadelphia Federal Reserve Bank Manufacturing Business Outlook Survey data on 18 May 2023.

Start futures forex fx news trading with Haawks G4A low latency machine-readable data, the fastest machine-readable news trading feed for US economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

USDJPY (30 pips)

EURUSD (15 pips)

Charts are exported from JForex (Dukascopy).

Comment

Share