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USD + GBP News Cheat Sheet 29th April - 3rd May

Updated: Apr 29

Tuesday 30th April

USD CB Consumer Confidence

Forecast:104.0

Tuesday 26th March

Forecast: 106.9

Actual: 104.7

 

XAUUSD

Gold pushed up 32 pips then flipped bearish and dropped 23 pips

 

Trend - Bullish and daily closed bullish

Scenarios

Actual/Better (higher) - Gold Sells

Worse (lower) - Gold Buys

 

Wednesday 1st May

USD ADP @ 1.15pm

Forecast:179K


ADP Wednesday 3rd April

 Wednesday 3rd April

Forecast:148K

Actual: 184K (Better than expected)

 

XAUUSD

Gold dropped 74 pips then retraced


Trend - Bullish and continued


Scenarios

Actual/Better (higher) - Gold Sells

Worse (lower) - Gold Buys


 

USD ISM Manufacturing PMI @ 3.00pm

Forecast: 49.9


Monday 1st April

Forecast: 48.5

Actual: 50.3 (Better than expected)

 

XAUUSD

Gold dropped 150 pips on the news

 

Trend - Bullish and continued



Scenarios

Actual/Better (higher) - Gold Sells

Worse (lower) - Gold Buys


 

USD JOLTS Job Openings @ 3.00pm

Forecast: 8.68M


 Tuesday 3rd April

Forecast: 8.76M

Actual: 8.76M

 

XAUUSD

Gold pushed 117 pips on the news

 





Trend - Bullish and continued


Scenarios

Actual/Better (higher) - Gold Sells

Worse (lower) - Gold Buys


 

USD Federal Funds Rate @ 7.00pm

Forecast: 5.50%

Wednesday 20th March

Forecast: 5.50%

Actual: 5.50%

 

XAUUSD

Gold pushed up 180 pips and continued bullish for the rest of the session


 

Trend - Bullish, continuation from lows


Scenarios

Actual/Better (higher) - Gold Sells

Worse (lower) - Gold Buys


 

Friday 3rd May

USD NFP/Unemployment Rates @ 1.30pm

Forecast: 243K/3.8%

Friday 5th April

Forecast: 212K/3.9%

Actual: 303K/3.8% (Better than expected)

 

XAUUSD

Gold dropped 155 pips on the news then retraced and close weak bearish

 


Trend - Bullish and continued


Scenarios

Actual/Better (higher) - Gold Sells

Worse (lower) - Gold Buys


 

USD ISM Services PMI @ 1.30pm

Forecast: 52.0


Wednesday 3rd April

Forecast:52.8

Actual: 51.4 (Worse than expected)

 

XAUUSD

Gold pushed up 100 pips then reversed and closed weak bullish

 

Trend - Bullish and continued


Scenarios

Actual/Better (higher) - Gold Sells

Worse (lower) - Gold Buys


 


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