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Breaking News :
GDP:
Stronger than expected (3.8% vs 3.3% estimate), showing solid economic growth.
Core PCE (inflation):
Slightly higher than expected (2.6% vs 2.5%) but still far below the previous 3.5%, signaling healthy disinflation.
Jobless Claims:
Lower than forecast (218K vs 235K), confirming labor market strength.
Impact:
Strong bullish support for the US Dollar.
Bearish pressure on Gold and other major currencies against USD.
Markets may price in “higher for longer” interest rates from the Fed.
#NewsAboutCrypto #joblessclaims #GDB #CorePCESignalsShift #BTC
GDP:
Stronger than expected (3.8% vs 3.3% estimate), showing solid economic growth.
Core PCE (inflation):
Slightly higher than expected (2.6% vs 2.5%) but still far below the previous 3.5%, signaling healthy disinflation.
Jobless Claims:
Lower than forecast (218K vs 235K), confirming labor market strength.
Impact:
Strong bullish support for the US Dollar.
Bearish pressure on Gold and other major currencies against USD.
Markets may price in “higher for longer” interest rates from the Fed.
#NewsAboutCrypto #joblessclaims #GDB #CorePCESignalsShift #BTC
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