Author: FX

The Bank of Canada’s rate decision could set the tone for the Loonie as markets juggle sticky inflation and a surprisingly resilient job market. What are markets expecting from the decision and press conference anyway? We have the points you need to know if you’re trading the event! This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus More! Source link

The Triangular Moving Average (TMA) is a type of moving average that places more weight on the middle portion of the data, creating a smoother line compared to standard moving averages. On the MT4 platform, the TMA indicator helps traders identify trend direction with reduced noise. It’s ideal for swing and trend traders who want a cleaner chart view without overreacting to short-term price fluctuations. This indicator doesn’t respond as quickly as an EMA or SMA, but that’s the point—it filters out the random price movements and focuses on the bigger picture. It’s particularly useful during sideways markets or when…

In Hong Kong there are three levels of rain warnings: Amber, Red, and Black. The Amber alert signals the possibility of heavy rain that could intensify into more severe Red or Black conditions. During this stage, flooding may occur in low-lying or poorly drained areas, and key government agencies along with transport and utility services are placed on standby. The Red and Black warnings indicate heavy rainfall that is likely to cause significant road flooding and severe traffic disruption. These levels trigger full-scale response actions from relevant government departments and service providers. At this stage the Amber alert will not…

Peru mulls green light for $6 billion in mining projects Source link

The US treasury note for borrowing needs for the September quarter. The total is $1.007T which is $453 billion higher than the April forecast. The treasury saying increases due to lower cash in the beginning of the quarter.. Treasury says it would borrow $590 billion in October – December quarter, with end of December cash balances of $850 billion. This article was written by Greg Michalowski at investinglive.com. Source link

Major US stock indices are opening up mixed with the Dow industrial average lower, and the broader S&P and NASDAQ indices higher.A snapshot of the major indices eight minutes into the open a showing: Dow industrial average -42.70 points or -0.10% at 44859.22S&P index +7.49 points or 0.12% at 6396.13NASDAQ index up 50.36 points or 0.24% at 21,108.32Russell 2000 up 4.83 points or 0.21% of 2265.89.Looking at some stocks: Nvidia trades to a new intraday high at $175.37. The price is currently trading at $174.40 up $0.92 or 0.53%.Meta are up $10 or 1.4% at $722.79.They announce earnings after the…

Silver trades flat near $38.00 in Monday’s European session, pressured by improving global risk sentiment.A bullish cup and handle pattern on the 4-hour chart was invalidated Friday as the price broke below the $38.70 handle support.On a 4-hour chart, RSI is hovering near oversold levels at 32.00; ADX rises to 36.86, signaling strong bearish momentum.Silver (XAG/USD) is treading water near $38.00 on Monday, struggling to regain momentum after last week’s technical breakdown. Although prices are holding steady on the day, broader market sentiment is weighing on the metal. With global trade optimism on the rise, particularly the US-EU trade agreement,…

Gold price weakens upon announcement of an EU-US trade deal.The US Dollar faces resistance ahead of Wednesday’s Fed rate decision, Gold hinges on softer Greenback.XAU/USD trades near $3,310 as bulls struggle to clear $3,400.Gold is trading in a narrow range on Monday, as economic data, easing trade tensions, and the fragility of the US Dollar continue to influence price action.At the time of writing, Gold is trading near $3,310 per ounce, down from earlier highs near $3,345.A US–EU trade deal has been announced, easing tariff risks and reducing demand for safe havens. The deal lowers the baseline tariff on most…

The Euro accelerates its decline on Monday as investors analyze the details of the EU-US trade deal.Eurozone products face a 15% tariff in exchange for strong EU investment and large purchases of energy and military equipment from the US.The US Dollar maintains a moderate positive tone as US data backs the Fed’s hawkish stance.It was buy the rumour, sell the fact for the EUR/USD pair, which accelerated its reversal from last week’s lows on Monday’s Early European session. News that the European Union (EU) finally signed a trade agreement with the United States (US) has failed to provide any significant…

GBP/USD Forecast: Pound Sterling remains vulnerable on broad USD strength After posting large losses on Thursday and Friday, GBP/USD struggles to stage a rebound on Monday and trades in negative territory, slightly above 1.3400. The pair’s technical outlook suggests that the bearish bias remains intact in the short term. The US Dollar (USD) outperforms its rivals as fears over an economic downturn in the United States (US) ease. The European Union (EU) and the US announced over the weekend that they have reached a framework trade deal that sets a blanket 15% tariff on goods traded between them. Additionally, European…