$ETH
"The 5 strongest news that will shake the market this week! Don't trade before reading it 🇺🇸💵
Tuesday, May 13
• Consumer Price Index CPI (April) 📊🔥
• Results better than expected ➜ Strong Dollar 🚀
• Results worse than expected ➜ Weak Dollar 📉
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Thursday, May 15
• Retail Sales (April) 🛍️
• Positive ➜ Support for the Dollar ✅
• Negative ➜ Pressure on the Dollar ❌
• Producer Price Index PPI (April) 🏭💹
• Its increase = Potential Inflation ➜ Stronger Dollar 📈
• Unemployment Claims 📄🧑💼
• Higher number ➜ Negative for the Dollar ⚠️
• Lower number ➜ Positive for the Dollar ✅
• Speech by Jerome Powell 🗣️⏰ at 15:40
• Highest level of impact
• Any hint regarding interest rates ➜ Very strong movement ⚡
• Federal Reserve Balance Sheet 💼🏦
• Its decrease ➜ Tightening ➜ Support for the Dollar
• Its increase ➜ Easing ➜ Pressure on the Dollar
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Advice for traders:
Beware of volatility during strong news times ⚠️
And manage your capital wisely to avoid surprises ⛔