Author: FX

Federal Reserve (Fed) Vice Chair Michelle Bowman said that, given the risks, the Fed should not signal a pause in its rate-cutting campaign, in a speech at the New England Economic Forum in Foxborough, Massachusetts, on Friday.Key takeawaysGiven risks, Fed should not signal a pause in rate-cutting campaign.US Central Bank should stand ready to cut interest rates again given labor market risks.Risk to Fed’s mandates is asymmetric, with job risks outweighing inflation concerns.Monetary policy is moderately restrictive right now.Inflation pressures are easing as tariff influences abate.Fed policymaking should be forward looking and driven by forecasts.Given risks, Fed policy should be…

The Euro (EUR) turns lower against the US Dollar (USD) on Friday, surrendering intraday gains as renewed demand for the Greenback keeps the pair on the defensive. At the time of writing, EUR/USD is trading flat near 1.1600, after briefly sliding to its lowest level since November 28.The US Dollar draws support from stronger-than-expected US economic data, which has reinforced the view that the Federal Reserve (Fed) can afford to hold off on cutting interest rates in the near term.Further supporting the US Dollar, comments from White House National Economic Council Director Kevin Hassett helped ease investor concerns over recent…

The price of Silver continued its upward trajectory this week, reaching a record high of $93.75 per troy ounce on Thursday morning. As a result, the Gold/Silver ratio briefly slipped below the 50 mark for the first time since March 2012. Since the beginning of the year, Silver has risen in price by around 30%. By comparison, the price of Gold rose by ‘only’ 7% over the same period. Last year, Silver had already significantly outperformed Gold with a price increase of almost 150%, Commerzbank’s commodity analyst Carsten Fritsch notes. Trump talks ease tariff fears, Silver pulls back 7%”Now, US…

We haven’t heard much from Bowman since she was ruled out as a candidate for Fed Chair.US economy has been resilientWage growth consistent with 2% inflationFed has made considerable progress in lowering inflationUnderlying inflation levels closer to Fed’s 2% targetSays she is concerned about labor market fragilityFirms may start shedding workers unless there is demand improvementExpects ‘solid’ growth, lower inflation and stabilizing job marketGiven risks, Fed policy should be focused on supporting job marketFed policymaking should be forward looking and driven by forecastsInflation pressures are easing as tariff influences abateMonetary policy is ‘moderately restrictive’ right nowRisk to Fed’s mandates is…

Trump seems to rule out Hassett as Fed chair in comments.Trump said that Hassett was good on TV today and that he “may want to keep him where he is”. He added that “we’ll see how it works out”.Trump said to Hassett at a health care event, “I actually want to keep you where you are, if you want to know the truth.”Some Republican Senators have expressed reservations about Hassett because he’s so close to Trump, so he could be harder to confirm than the other three candidates.We have seen some US dollar buying on this headline, as it underscores…

Prior was 39Current single-family home sales 41 vs 42 priorProspective buyers 23 vs 26 priorHome sales expectations over the next six months 49 vs 52 priorIn the past month, US 30-year yields have ticked 5-7 basis points higher but there have been signs of buyers wading in via the latest existing home sales report.NAHB housing indexThe latest survey also revealed that 40% of builders reported cutting prices in December, marking the second consecutive month the share has been at 40% or higher since May 2020. It was 41% in November. Meanwhile, the average price reduction was 5% in December, down…

Sector OverviewToday’s market shows a robust performance in the technology and semiconductor sectors, with companies like Nvidia (NVDA) and Advanced Micro Devices (AMD) leading the gains. Nvidia soared +1.26%, while AMD saw an impressive rise of +2.16%. The semiconductor boom is further bolstered by Micron Technology (MU), climbing +6.55%.On the other side of the spectrum, the healthcare sector is showing signs of struggle, with major players like Eli Lilly and Company (LLY) dropping by -0.36% and UnitedHealth Group (UNH) declining -1.25%. This reflects ongoing market apprehensions surrounding healthcare regulations and industry pressures.Market Mood and TrendsThe current market mood is largely…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: investingLive is not an investment advisor, investingLive provides references and…

After five days of gains, oil prices came under significant pressure yesterday, with ICE Brent settling 4.15% lower. The sell-off came as the US avoided taking immediate action against Iran amid ongoing protests in the country, ING’s commodity experts Ewa Manthey and Warren Patterson note.Brent drops over 4% amid eased geopolitical risks”There had been growing noise in recent days that the Trump administration was considering military intervention, raising concerns not only over Iranian supply, but broader risks to supply from the Persian Gulf. Any escalation with Iran will also raise concerns about potential disruption to oil flows through the Strait…

The VWAP Volume Weighted Average Price MT5 Indicator addresses this issue by combining price and volume into one clear line. It helps traders see where the market is fairly priced and make smarter trading decisions with more confidence. What Is the VWAP Volume Weighted Average Price MT5 Indicator? The VWAP Volume Weighted Average Price MT5 Indicator calculates the average price of an asset based on both price movement and trading volume. Unlike simple moving averages, it gives more weight to price levels where higher volume occurs. This makes VWAP a stronger and more realistic benchmark. On MT5, the indicator appears…