Author: FX

Growth driven by services, notably in IT and communicationsManufacturing is resilientFood inflation increasedConstruction momentum picking upGovernment spending should strengthen demandIndications of underlying inflation have changed little in recent months and remain consistent with costsForward looking indicators and surveys point to a continued moderation in labor costsMost measures of longer-term inflation around 2%Uncertainty could weigh on demandInflation could turn out higher if there is persistent upward shift in energy pricesThe euro is higher since the speech started but that’s because US initial jobless claims were released and they showed a jump. Combined with a poor Challenger job cuts report and soft…

Governor Andrew Bailey took questions from reporters, offering markets a clearer sense of how the central bank was thinking. His remarks followed the widely expected decision to keep the policy rate on hold at 3.75%.BoE Bailey press conference highlightsDisinflation is on track and is running ahead of the schedule expected in November.Recent developments provide more confidence that inflation is on track to return to the target soon.It is necessary to ensure that inflation falls all the way back to 2% and stays there.The economy is not currently facing a situation in which monetary policy is being hit by big new…

Bank Mandiri Q4 2025 slides: Loan growth exceeds guidance amid digital transformation Source link

Prior +5.6%; revised to +5.7%That’s a huge beat on estimates as German manufacturing orders surged once again in December, after a big jump in November last year as well. A lot of that is to do with a massive increase in large orders though. If you strip that out of the report, new orders were only 0.9% higher than in the previous month.The less volatile three-month comparison shows new orders in Q4 being up 9.5% than in Q3. Excluding large orders, that figure is a 2.5% increase.Looking at the details, the surge in industrial orders in December owes much to…

The Next Candle Prediction MT5 indicator attempts to solve this timing puzzle by analyzing recent price behavior and projecting the likely direction of the upcoming candle. It doesn’t promise crystal balls or guaranteed wins, but it does offer traders an additional data point for decision-making. Whether it lives up to the hype depends on how traders use it—and that’s what this guide explores. Understanding the Mechanics Behind Next Candle Prediction At its core, this indicator uses historical price patterns and momentum calculations to estimate where the next candle might close. Most versions analyze the previous 3-10 candles, looking at factors…

Commerzbank’s Michael Pfister analyzes the Bank of England’s current stance on interest rates, highlighting the potential for surprises despite no expected changes at the upcoming meeting. The report notes the delicate balance the BoE faces between persistent inflation and weakening growth, suggesting that the risks to the Pound may lean towards further interest rate cuts.Bank of England’s cautious approach”If the vote is closer than expected, the market will likely bring forward its expectations of a rate cut and the pound will suffer.””On the other hand, the new forecasts will be published, the first since the budget announcement at the end…

Toyota expected to post third straight quarterly profit drop as costs, tariffs bite Source link

Markets are about to focus on Canadian jobs data, with USD/CAD’s mid-channel resistance offering clues on which currency takes control. Will the pair extend its broader downtrend? Or will buyers step in and push price back toward higher inflection points first? We’re taking a closer look at the 4-hour chart! USD/CAD 4-hour Forex Chart Faster with TradingView Improved U.S. dollar demand tied to market uncertainty has pushed USD/CAD higher in recent sessions. Still, the tide could turn back in the Canadian dollar’s favor as both the U.S. and Canada roll out key jobs data in the days ahead. Remember that…

EUR/GBP has been cruising below a falling trend line on its 4-hour time frame and looks ready to test this area of interest again. Can it hold as a ceiling? Or are we about to see a major reversal this time? EUR/GBP 4-hour Chart Faster With TradingView The Bank of England’s (BOE) “hawkish cut” back in December, followed by mostly upbeat U.K. data earlier this year, gave this pair enough energy to break below the floor around the .8660 area. Meanwhile, the euro has been struggling under the weight of tariffs uncertainty stemming from the Greenland drama in January. The…

Mid-tier U.S. data presented a nuanced picture of the economy, with the services sector maintaining steady growth while private sector job creation slowed to a crawl in January, prompting mixed movements in the U.S. dollar across major currency pairs. Key Takeaways ADP National Employment Report: Private sector employment increased by just 22,000 jobs in January Annual pay growth held at 4.5% year-over-year Job creation for full-year 2025 totaled 398,000, down significantly from 771,000 in 2024 Education and health services led with 74,000 new jobs Manufacturing continued its decline, shedding 8,000 jobs Professional and business services contracted by 57,000 positions Large…