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USD + GBP News This Week August 28th - September 1st

Tuesday 29th August

USD CB Consumer Confidence @ 15.00pm

Forecast: 116.2


CB Confidence 25/7

Tuesday 25th July

Forecast: 112.1

Actual: 117.0 Better than expected


XAUUSD

Gold dropped bearish down to support, respected it and flipped bullish


Scenarios

Actual/Better than expected - Gold Sells

Worse than expected - Gold Buys

 

USD JOLTS Job Openings @ 15.00pm

Forecast: 970.M


JOLTS 1/8

Tuesday 1st August

Forecast: 9.61M

Actual: 9.58M

(released same time as ISM Manu PMI)


XAUUSD

Gold pushed up bullish before reversing and continuing sells


Scenarios

Actual/Better than expected - Gold Sells

Worse than expected - Gold Buys


 

Wednesday 30th August

USD ADP @ 13.15pm

Forecast: 201K


ADP 2/8

Wednesday 2nd August

Forecast: 191K

Actual: 324K


XAUUSD

Gold dropped bearish on the news





Scenarios

Actual/Better than expected(higher) - Gold Sells

Worse than expected(lower) - Gold Buys


 

USD Prelim GDP q/q @ 13.30pm

Forecast: 2.4%


Prelim GDP 25/5

Thursday 25th May

Forecast: 1.1%

Actual: 1.3%


XAUUSD

Gold dropped bearish down to daily support






Scenarios

Actual/Better than expected(higher) - Gold Sells

Worse than expected(lower) - Gold Buys


 

Thursday 31st August

USD Core PCE Price Index m/m @ 13.30pm

Forecast: 0.2%


Core PCE 28/7

Friday 28th July

Forecast: 0.2%

Actual: 0.2%


XAUUSD

Gold pushed bullish before reversing

Uptrend structure was respected



Scenarios

Actual/Better than expected - Gold Sells

Worse than expected - Gold Buys

 

Friday 1st September

USD NFP /Unemployment Rates @ 13.30pm

Forecast: 169K/3.5%


NFP 4/8

Friday 4th August

Forecast: 205K/3.6%

Actual: 187K/3.5%


XAUUSD

Mixed data, Gold dropped and made a new low before reversing and continuing bullish




Scenarios

Actual/Better than expected - Gold Sells

Worse than expected - Gold Buys

 

USD ISM Manufacturing PMI @ 15.00pm

Forecast: 46.9

ISM Manu PMI 1/8

Tuesday 1st August

Forecast: 46.9

Actual: 46.4

(released same time as JOLTS)


XAUUSD

Gold pushed up bullish before reversing and continuing sells



Scenarios

Actual/Worse than expected - Gold Buys

Better than expected - Gold Sells

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