Author: FX

It’s gonna be another busy trading week, as the spotlight shifts to global inflation updates and their potential impact on policy biases. We’ve got CPI figures lined up from the U.S., Australia, Switzerland, and China plus PPI data as well. Before all that, ICYMI, I’ve written an FX Outlook article on what to expect for 2024. Check it! 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 Access to exclusive MarketMilk™ sections Plus More! Source link

© Reuters. FILE PHOTO: Bosnia’s Serb Republic President Milorad Dodik waves as he attends his region’s national holiday, banned by the constitutional court, in East Sarajevo, Bosnia, January 9, 2023. REUTERS/Dado Ruvic/File Photo SARAJEVO (Reuters) – Two F-16 fighter jets will fly over Bosnia on Monday to underline U.S. support for its territorial integrity against “secessionist activity” by Serbs at odds with the country’s 1990s Dayton peace accords, the U.S. embassy in Sarajevo said. The overflight will be part of bilateral air-to-ground training conducted along with Bosnia´s national armed forces in areas of the Balkan country’s north not controlled by…

In the simplest sense of the word, worrying is to feel concerned or uncomfortable, oftentimes (but not always) in anticipation of a negative event or outcome. After all, we’re all human and we have the basic need to avoid pain. For forex traders, the major sources of psychological pain tend to involve losing capital and/or being on the wrong side of trades. Along with these issues, our worries can be compounded with concerns of missing trade opportunities or forgetting an important variable during analysis. As we can imagine, our list of worries can go on and on. Why is it…

In the fast-paced world of financial markets, traders are constantly seeking tools and strategies to gain an edge. The Arrow Buy Sell MT4 Indicator has emerged as a game-changer in the realm of technical analysis. This article will delve into the intricacies of this indicator, exploring its features, benefits, and how it can be effectively used by traders. What is the Arrow Buy Sell MT4 Indicator? The Arrow Buy Sell MT4 Indicator is a technical analysis tool designed to assist traders in making informed decisions in the financial markets. It is specifically tailored for use with the MetaTrader 4 (MT4)…

There is that feeling that price pressures might end up becoming fairly sticky at around the 3% mark in Europe, especially after the December numbers here. Le Maire is mainly just doing some politicking here as he has always done, so I wouldn’t read too much into the above remark. This article was written by Justin Low at www.forexlive.com. Source link

Share: On Friday, EUR/USD ended the session virtually unchanged around 1.0950. The pair stays relatively calm early Monday. Economists at ING analyze the Euro’s outlook.   Rally above 1.10 still not looking likely We still see gains above 1.10 in the EUR/USD pair as hard to sustain. We continue to see EUR/USD on unstable ground this quarter, and any positive impact from softer US data/better EZ data may be more short-lived than downside corrections. We target a return to the 1.08 mark over the course of this quarter.   Source link

Exagen reaffirms FY23 revenue of at least $50M Source link

© Reuters. FILE PHOTO: An Airbus A330-200 aircraft of Air Transat airlines takes off in Colomiers near Toulouse, France, July 10, 2018. REUTERS/Regis Duvignau/File Photo/ (Reuters) -A union representing 2,100 flight attendants has reached an agreement over a new labor contract with Canadian leisure carrier Air Transat, the Canadian Union of Public Employees (CUPE) said on Monday, easing fears of a strike that could have crippled the carrier’s operations. General meetings of the members will be held in the next few days to disclose the content of the agreement and present it for their vote, CUPE said in a statement.…

GBP/NZD is consolidating juuust under a key trend line resistance. Are we looking at the best place to short before the pair extends its months-long downtrend? Or is the pair due for an upside breakout? We’re checkin’ out the 4-hour chart, yo! GBP/NZD Forex Chart by TV In case you missed it, GBP/NZD started last week by turning higher from its 2.0060 lows and finishing 300 pips higher to its current 2.0360 levels. The latest FX Weekly Recap has the deets but the TL;DR is that the U.K. printed better-than-expected mid-tier economic data last week while the commodity-related New Zealand…

Bank of Korea will meet on Thursday January 11. It’s the first major Asian economy central bank to meet in the new year. HSBC are expecting the ‘on hold’ at 3.25% decision to be unanimousand the Board to retain the wording ‘maintain a restrictive policy stance for a sufficiently long period of time’ in its forward guidanceBOK might change its tone which could hint at a possible easing in the near termHSBC do warn though that “inflation is likely still too high for a near-term start of easing.” This article was written by Eamonn Sheridan at www.forexlive.com. Source link