Author: FX

The Bank of Canada (BOC) is widely expected to keep rates on hold for the time being, but will they drop hints about their policy outlook this time? Economic data from Canada has been showing signs of improvement lately, particularly in the labor market, possibly giving the BOC some reason to be optimistic. Here’s what to look out for. 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

Micron is poised to expand memory chip production in Singapore as global shortages intensify amid surging AI-driven demand.Summary:Micron plans new memory chip investment in SingaporeExpansion driven by global memory shortage and AI demandSingapore already produces most of Micron’s flash memoryRivals Samsung and SK Hynix also accelerating capacitySupply shortfall may persist through late 2027Micron Technology is set to announce a new memory chip manufacturing investment in Singapore, expanding capacity as global industries grapple with an acute shortage of memory chips, sources familiar with the matter told Reuters.The investment is expected to be announced as soon as Tuesday, with one source saying…

The Spike Detector monitors price movement velocity within a defined period. Unlike standard momentum indicators that track directional strength over time, this tool focuses on the rate of change, how fast the price is moving relative to recent behavior. Here’s how it works: The indicator calculates the difference between the current price and the price from X bars ago, then compares this value against the average movement for that same period. When price acceleration exceeds a predetermined threshold (usually 150-250% of normal movement), the indicator triggers a signal. Think of it as a speedometer for your chart. Most of the…

GBP/USD caught a halting bullish step higher to open the new trading week, knocking on the 1.3700 handle for the first time since September. The Trump administration threatened additional tariffs on a number of European nations if they don’t give over control of Greenland to the US, but markets continue to bank on the usual turnaround on trade war rhetoric from the White House.UK data remains strictly low-tier this week, with the Federal Reserve’s (Fed) latest interest rate decision standing as the week’s key event. The Fed is broadly expected to stand pat on interest rates, but investors will be…

Axios is out with an interview with Trump and it’s starting to sound like an attack on Iran is getting more likely.Trump came close to ordering a strike on regime targets in Iran earlier this month over the killing of thousands of protesters. Instead he delayed the decision while also moving military assets to the regionSome reports say the strikes were delayed at Netanyahu’s urging. The report cites sources that Trump hasn’t a decision but the USS Abraham Lincoln entered the region today.”We have a big armada next to Iran. Bigger than Venezuela,” Trump said.There is still a diplomatic option…

The U.K. December CPI report came in slightly better than expected, briefly spurring pound rallies before overall risk aversion overshadowed fundamentals on worsening EU-US tariffs tensions. Which GBP strategies moved beyond the watchlist stage, and how did shifting overall market sentiment impact the outcomes? Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high-quality discretionary trade idea before working on a risk & trade management plan. If you’d like to follow our “Watchlist” picks right when they are published throughout the week, check out our BabyPips Premium subscribe page…

HSBC Asset Management reports a significant increase in yields on long-dated Japanese government bonds (JGBs) as of January 2026. This surge is attributed to rising concerns regarding Japan’s medium-term fiscal outlook, particularly with Prime Minister Sanae Takaichi’s announcement of substantial spending plans ahead of the upcoming general election.Rising yields signal fiscal unease”A pick-up in yields on long-dated Japanese government bonds (JGBs) in January turned into a surge last week. It follows growing nervousness over Japan’s medium-term fiscal outlook, with PM Sanae Takaichi signalling big spending plans ahead of next month’s general election.””Japan’s government debt to GDP ratio has declined in…

Japan says in close coordination with US on forex as yen intervention risks mount Source link

Last Friday delivered a stark reminder that in currency markets, words can move billions of dollars faster than any actual transaction. The Japanese yen surged 1.75% in a single day—its sharpest rally since August—after the Federal Reserve Bank of New York conducted “rate checks” with financial institutions about yen exchange rates. The move sent a clear signal: authorities are watching, and they’re prepared to act. A Yen Slide Meets Government Pushback Rate checks are the currency market’s equivalent of a warning shot. When the New York Fed starts calling banks to ask about exchange rates, traders know intervention may be…

Prior was -10.9Production +11.2 vs -3.0 priorNew orders +11.8 vs -6.6 priorCapex +7.1 vs -4.6 priorEmployment +8.2 vs -1.4 priorOutlook +2.9 vs -12.3 priorThis is a nice improvement with rebounds across the main metrics. New orders, in particular, look strong.Comments in the report. I find the one about transshipment and customs fraud to be particularly pertinent. I’ve been writing about for awhile: There is widespread customs fraud because the whole system isn’t built for tariffs, it was built to counteract contraband smuggling and there’s nowhere near enough hiring to inspect cargoes and paperwork. It’s basically run on the honor system.Beverage…