Author: FX

EUR/USD broke below the 1.1500 psychological level, following a mild recovery attempt earlier on the day, which was rejected at 1.1530. The pair has depreciated about 1.5% over the last five trading days, with the US Dollar (USD) drawing support from Fed hawkishness and a dismal market mood. On Monday, the US Dollar continued strengthening, unfazed by downbeat manufacturing activity data in the United States (US). October’s ISM Manufacturing Purchasing Managers’ Index (PMI) showed that the sector’s economic activity contracted for the eighth consecutive month, weighed by a decline in orders and highlighting low employment levels.In addition, Federal Reserve (Fed)…

Auto supplier First Brands has reportedly initiated legal proceedings against its founder, Patrick James, alleging a series of fraudulent activities. The lawsuit, filed in a Houston federal bankruptcy court, accuses James of misappropriating hundreds of millions (if not billions) of dollars from First Brands, which Source link

We are keeping interest rates low, so that inflation remains in range of price stability (target range 0-2%)Our interest rates are where they should beWhether the Franc is correctly valued, overvalued or not is not decisive for our monetary policyWhat is important is how the exchange rate changes and its effect on inflationWe are not in situation where we would like to see lower inflationThe inflation forecast is where we want it (0.4% on average for Q4 2025)FX interventions are possibleThis is a pushback against negative rates speculations after yesterday’s soft Swiss CPI report. We’ve already heard many times the…

The Doda Trend MT4 Indicator is a simple yet effective technical tool designed to identify the direction of the market trend. It filters out market noise and shows traders whether the price is in an uptrend or a downtrend. Using color changes or signal arrows it gives an easy-to-read visual representation of current market momentum. Traders don’t have to spend hours analyzing charts — this indicator simplifies the process, allowing them to focus on trading opportunities instead of confusing data. How It Works The indicator calculates price movements based on a built-in algorithm that reacts to market trends. When the…

Were traders right to expect a more dovish bias for the Reserve Bank of New Zealand (RBNZ) last week? Our Event Guide for New Zealand’s Q3 2025 Employment Report points to a possible downside surprise later this week. Softer numbers could reinforce expectations that the RBNZ will need to cut interest rates later this year. Here’s why GBP/NZD and NZD/JPY may present legit trading opportunities if New Zealand’s report misses market estimates. 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…

The Indian Rupee (INR) jumps to near 88.50 in the opening session against the US Dollar (USD) on Tuesday. The USD/INR pair faces a sharp selling pressure as the Indian Rupee strengthens on hopes that the Reserve Bank of India (RBI) has intervened in the currency market to support the Indian Rupee.The RBI likely intervened to shore up the rupee before the local spot market opened on Tuesday, Reuters reported.A stealth intervention by the RBI in the local spot market has come amid fears that the USD/INR pair could pass its recent all-time high around 89.10, a scenario that could…

Asia stocks retreat from record highs on profit taking; US dollar gains Source link

Markets appear to be positioning for a weak quarterly employment report from New Zealand that could fuel RBNZ rate cut bets, but what if the numbers come in better than expected? Our Event Guide for New Zealand’s Jobs Report suggests that an upside employment surprise could spark a short-term bounce but won’t likely be enough to dampen dovish RBNZ expectations. Here’s what I’m watching on AUD/NZD and NZD/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…

China’s central bank will strengthen policy support for the economy and accelerate efforts to promote the international use of the renminbi, a PBOC Deputy Governor said Monday in a livestreamed address.Said the People’s Bank of China (PBOC) will back the development of the offshore RMB market in Hong Kong, calling it a crucial step in reinforcing the city’s role as a global financial hub. “We will support the construction of a deeper, more liquid offshore yuan market and expand cross-border financial channels,” he said.The central bank also plans to expand the RMB Cross-Border Interbank Payment System (CIPS), which facilitates yuan-denominated…

The Agg MT4 Indicator is a custom-built tool for MetaTrader 4 that focuses on identifying trend strength and potential reversal zones. It processes price data and presents it visually, allowing traders to spot opportunities without relying on multiple complex tools. Unlike traditional moving averages or oscillators, Agg is designed to adapt to changing market conditions, offering a smoother and more accurate reflection of price behavior. How It Helps Traders This indicator assists traders in identifying when a trend is gaining momentum or losing strength. When the market starts to shift, the Agg indicator provides a clear signal that allows users…