Author: FX
Expectations for sticky, elevated Australian inflation have traders looking for bullish Australian dollar setups. Our Event Guide for Australia’s November CPI Report suggests this week’s data could push Reserve Bank of Australia members closer to talking about rate hikes. If the November CPI remains hot as expected, setups like AUD/JPY and AUD/NZD may provide legit trading opportunities. 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
With market expectations running pretty high for the RBA to shift to a tightening cycle soon, can a potentially downbeat Australia CPI still change this trajectory? Our Event Guide for Australian Inflation Report suggests that softer labor conditions could put some weight on overall price pressures, possibly reviving talks of further easing. Here’s what I’m watching on GBP/AUD and AUD/USD in this scenario. 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…
In brief:Asian equities advanced as risk sentiment improvedAustralian services PMI slowed but price pressures intensifiedNVIDIA unveiled Rubin platform and Vera Rubin superchip at CESJapan’s monetary base fell for first time in 18 years last yearUS dollar weakened further after soft ISM data on MondayAUD and NZD extended gains on risk and commoditiesOil eased slightly; gold little changedChinese stocks rallied to four-year highsNews and data flow across the Asia session was relatively light, but risk sentiment leaned constructive. Asian equities pushed higher while the US dollar extended losses from the prior session, as markets digested a mix of softer US data…
The Japanese Yen (JPY) drifts lower against its American counterpart during the Asian session on Tuesday and stalls the previous day’s goodish recovery move from a nearly two-week low. Despite the Bank of Japan’s (BoJ) hawkish outlook, investors remain uncertain about the likely timing of the next interest rate hike. This, along with fiscal concerns and a generally positive risk tone, undermines the safe-haven JPY and assists the USD/JPY pair to hold steady around mid-156.00s. However, a combination of factors warrants caution for the JPY bears, and before positioning for deeper losses.Hawkish BoJ expectations mark a significant divergence in comparison…
Dollar stabilises as Venezuela fears subside, risk-on mood grows Source link
The TTM Squeeze indicator was developed by trader John Carter, and it combines two popular concepts: Bollinger Bands and Keltner Channels. When these two indicators squeeze together, it shows that volatility is dropping and the market is getting tight. Think of it like a rubber band being stretched—the tighter it gets, the harder it snaps back. The indicator displays dots at the bottom of the chart. Red dots mean the squeeze is on, and the market is building pressure. Green dots signal the squeeze has fired, and price is ready to make a move. Reading the Signals Once traders understand…
Summary:White House confirms talks with US oil companies on VenezuelaTrump says firms could invest billions to rebuild energy sectorOfficials declined to name companies or timing of discussionsReuters reports major firms deny talks on Maduro’s overthrowChevron remains only US major operating in VenezuelaThe Trump administration has held discussions with multiple US oil companies about Venezuela, according to a White House official, as Washington signals an ambitious vision for rebuilding the country’s long-degraded energy sector following the removal of former president Nicolás Maduro. Speaking over the weekend, Donald Trump said US oil firms were prepared to invest billions of dollars into Venezuela’s…
Markets opened the first full trading week of 2026 with a risk-on rally despite geopolitical tensions, as traders looked past the weekend’s US military operation in Venezuela to focus on upcoming economic data releases, while weaker-than-expected manufacturing activity had limited impact on sentiment. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: Dollar Index, Gold, S&P 500, Oil, U.S. 10-yr Yield, Bitcoin Overlay Chart by TradingView Monday’s session delivered a notable divergence between geopolitical headlines and market behavior, as traders demonstrated resilience by pushing risk assets higher…
bfk92/iStock Unreleased via Getty ImagesZIM Integrated Shipping (ZIM) -4.8% in Monday’s trading following a report from Calcalist that Israel’s Companies Authority has issued a warning to the shipping company’s Chairman Yair Sarosi that “the state has the right to oppose” a potential Source link
Novo launches Wegovy weight-loss pill for sale in US Source link