What to Expect From the CPI News Report July 11th. Let briefly speak about the past NFP news before speaking of the upcoming CPI new report. Am I changing anything in my ways of predicting the news? Definitely not. As a trader with years of experience, I have learned one thing. Never abandon a strategy just because it did not work once or twice or even thrice.

My news predictions strategies have proven efficient for many years and I still trust them. I took some times to revise maybe i am missing something, to see what i have done wrong this past two months. Just to realise I have done nothing wrong. The past NFP, I predicted a bearish movement in the market and I was correct.

The only problem with us traders, we have to beat the forecast in order to make a profit. My predictions on the NFP of the 5th July 2024 was 160k expectation and a 4.1% for unemployment. Yes the NFP came down at 204k from 272k last month but above the forecast. So the labour market in the US is surely weakening as per my predictions.

To support my research and analysis, as I always watch  the news to confirm my directions, on Bloomberg TV, on the Bloomberg Surveillance show presented by Johnattan Ferro and Lisa Abramowicz, they referred to City expectations of 150k on the NFP of the 5th July.

But as we all know, sometimes the data on the labour published are revised but later, in the meantime we stay in the loose. Reason why we always advise traders to be cautious as trading is risky.

Is the Cpi news just another failure?

As a trader I will never call myself a failure and never do that to yourself too. If I do so, or I regret my loss, it is to manifest ungrateful to myself and to all the success the universe has granted me in this lifetime via forex trading. You can’t really cry for losing two trades while you have won ten. 

In forex trading especially for us using the scalping strategy one trade win only,  will cover three trades loss. So you can see that forex trading is a top game. The upcoming CPI, will have the same results. If you are among the people in my groups, you surely know by now that the labour results have a positive correlation with the CPI.

The Consumer Price Index (CPI) is a crucial economic indicator that impacts the foreign exchange (Forex) market in numerous ways. Changes in CPI data reflect the overall level of inflation within an economy, influencing central bank monetary policies and interest rates. 

For Forex traders, fluctuations in CPI can lead to market volatility and shifts in currency valuations. Higher-than-expected CPI readings may strengthen a country’s currency as it signals a potential rise in interest rates, attracting foreign investment. Conversely, lower-than-expected CPI figures could weaken a currency as it indicates sluggish economic growth. 

Traders closely monitor CPI news releases to gauge the health of an economy and make informed trading decisions based on anticipated changes in currency values. Ultimately, understanding the impact of CPI on Forex markets is essential for navigating the dynamic landscape of international currency trading successfully

What to Expect From the CPI News Report July 11th

Investors and economists can expect the Consumer Price Index (CPI) news report on July 11th to provide crucial insights into inflation trends and consumer spending patterns. The CPI is a key indicator used by policymakers and market participants to gauge changes in the cost of living, as it measures the average prices paid by consumers for goods and services. 

A higher than expected CPI reading could indicate rising inflation pressures, potentially prompting concerns about interest rate hikes by the Federal Reserve to curb inflation. Conversely, a lower than expected CPI figure may suggest subdued price growth and weaker consumer demand. 

Investors should closely analyze the components of the CPI report, such as housing costs, energy prices, and medical expenses, to assess broader economic conditions and adjust their investment strategies accordingly.
To access my prediction and my  expectation from the CPI news report July 11th join here , to access click this