Post PCE thoughts.

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PCE data in line with expectations, personal income and spending slightly up, all in all, when I saw the data, I felt it would potentially be good for the S&P and also the USD. But both the S&P and the USD are nonplussed.

The GBP has positive momentum, but it's not something I can hang my hat on while the rest of the currencies are behaving incoherently. All in all, i'd like to place a risk on trade, but I don't have conviction in the direction of the currencies over the next few hours.

Which means I'll close the book on a week of only trade, which stopped out. Mildly disappointing but I look forward to the new week.

Weekly Review and currency overview to follow. Wishing you a lovely weekend.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.