हमारी टीम के पास 7,000,000 से अधिक ट्रेडर हैं!
प्रतिदिन हम ट्रेडिंग को बेहतर बनाने के लिए एक साथ काम करते हैं। हम उच्च परिणाम प्राप्त कर रहे हैं और आगे की ओर बढ़ रहे हैं।
दुनियाभर के लाखों लोगों द्वारा हमारे काम को पहचानना, हमारे काम की सबसे अच्छी सराहना है! आपने आपनी पसंद बनाई है और हम आपकी अपेक्षाओं को पूरा करने के लिए हर संभव प्रयास करेंगे!
हम एक साथ एक अच्छी टीम हैं!
इंस्टाफॉरेक्स को इस बात का गर्व है कि वह आपके लिए काम कर रहा है!
एक्टर, यूएफसी 6 टूर्नामेंट का विजेता और एक सच्चा हीरो!
वह आदमी, जिसने अपनी मेहनत से सब किया है। वह आदमी, जो हमारे रास्तों पर चलता है.
टैक्टारोव की सफलता का राज लक्ष्य की ओर लगातर अग्रसर रहना है।
अपनी प्रतिभा के सभी पक्षों को प्रकट करें!
खोज करें, कोशिश करें, विफल हो-लेकिन कभी न रूकें!
इंस्टाफॉरेक्स- हमारी सफलताओं की कहानी यहाँ से शुरू होती है!
The British pound fell victim to the US labor market report for August, yet its own economic troubles could pull GBP/USD into a correction. Labour urgently needs funds to cover a nearly £22 billion budget gap revealed after the Conservative government. With the national debt at 100% of GDP, the highest in nearly 60 years, this requires tax increases, which is not the best news for the economy and sterling.
Dynamics of UK National Debt
While the US non-farm employment growth of 142,000 in August did not meet Bloomberg experts' forecasts, it does not suggest the labor market is going down. It is cooling at a moderate pace, so there's no need for a drastic 50 basis point cut in the federal funds rate in September. As a result, after initially rising to 1.323, GBP/USD took a rollercoaster ride.
It seems the markets are overestimating the scale of the Federal Reserve's monetary easing in 2024, demanding a reduction in borrowing costs by 112bps. Ideally, it would cut rates by 75bps this year. If so, the US dollar will come back into play as it did in the first quarter. In contrast, the anticipated pace of monetary policy easing by the Bank of England looks too slow. What's 40bps by the end of the year? One step of 25bps with some chance of a second? Isn't that too little for a country whose inflation has already hit the 2% target?
Dynamics of Market Expectations for the Federal Funds Rate
BoE Governor Andrew Bailey and his team are capable of more. If earlier, the BoE was restrained by too fast wage growth and high core inflation, following the labor market data for July, many things could change. Bloomberg experts predict a slowdown in wage growth from 4.5% to 4.1%. GDP, trade balance, and industrial production could present unpleasant surprises.
Speculative long positions in sterling are valued at $7.45 billion, close to the July record. In such a situation, even slight negative news can trigger an avalanche of profit-taking and carry GBP/USD downwards. Moreover, Huw Pill is scheduled to speak on September 12. The chief economist voted for a cut in the REPO rate at the previous meeting, and his dovish rhetoric could accelerate the pound's correction.
Bloomberg experts also talk about a pullback. They predict that by the end of the year, GBP/USD will be trading at the level of 1.3. Moreover, the pair's decline may become protracted if the market starts to factor in expectations of Labour's tax increases in October. In the context of fiscal consolidation, both the economy and inflation risk slowing down. This will prompt the BoE to reduce the REPO rate.
Technically, on the daily chart of GBP/USD, the combination of the Three Indians and 1-2-3 patterns opens the door for a correction. Falling below 1.3110 and 1.3085 should be used to form short positions.
*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
