Author: FX

Despite high expectations, Trump didn’t discuss Nvidia’s Blackwell chip with Xi Source link

EUR/CHF is fast approaching a long-term resistance zone after bouncing from the .9200 area! Will the pair turn lower to extend a longer-term downtrend? Here’s what we’re seeing on the 4-hour time frame: EUR/CHF 4-hour Forex Chart by TradingView The European Central Bank meets this week, and markets widely expect President Lagarde and her team to keep policy unchanged in October. Some traders may even be looking for slightly hawkish language, especially after the Fed and the Bank of Canada both struck surprisingly hawkish tones earlier in the week. Meanwhile, the safe haven Swiss franc continues to struggle for sustained…

The Bank of Japan held its short-term policy rate at 0.5%, details here. In summary, the Bank of Japan held its short-term rate at 0.5% by a 7–2 votewith Takata and Tamura dissenting in favour of a hike Inflation forecasts were steady, growth modest, and the BOJ signalled patience amid trade and global uncertainty.Much more at that linked post. USD/JPY popped higher.The Nikkei stock index extended its gains higher This article was written by Eamonn Sheridan at investinglive.com. Source link

The Bank of Canada delivered its second consecutive 25 basis point rate cut on Wednesday, bringing the overnight rate to 2.25%, but surprised markets by signaling the easing cycle may be over. The decision came as policymakers slashed growth forecasts dramatically, citing ongoing trade disruption that has fundamentally reshaped Canada’s economic landscape. While the rate reduction was widely anticipated, the central bank’s hawkish forward guidance caught some traders off guard, triggering an initial rally in the Loonie before broader market forces reversed the move. Key Takeaways Rate cut as expected: Overnight rate reduced 25bp to 2.25%, lowest since July 2022,…

AUD/CAD has been moving sideways lately and it looks like the range resistance is holding once again! Take a look at these potential targets on the 4-hour chart. AUD/CAD 4-hour Forex Chart by TradingView Stronger than expected Australian CPI data released earlier this week lifted this pair up to its long-term range resistance, which had been holding since mid-September. However, reversal candlesticks formed around R2 (.9200) to suggest that bears are still defending the ceiling for now, especially since the BOC seemed less dovish in their latest announcement. Is AUD/CAD setting its sights back down on the range support? Remember…

The MACD Histogram MT4 Indicator is a powerful momentum tool designed to show the relationship between two moving averages of a security’s price. It converts complex data into simple, visual bars that rise and fall based on market momentum. When the histogram bars increase, it signals strengthening momentum; when they decrease, it suggests weakness. Traders use this visual cue to anticipate potential trend reversals or continuations with greater accuracy. Key Features and Benefits This indicator allows traders to identify bullish and bearish signals without complex analysis. The histogram provides real-time updates as the market moves, making it suitable for both…

Samsung Electronics Q3 profit jumps 32% on conventional chip boom Source link

Australia’s Lynas Rare Earths, the largest rare earths producer outside China, reported a 66% jump in first-quarter revenue as global efforts to build Western supply chains lifted demand for strategic minerals.Revenue rose to A$200.2 million ($130 million) for the quarter ended September 30, up from A$120.5 million a year earlier. Impressive result, however it fell short of Visible Alpha’s consensus forecast of A$230 million, reflecting modest price pressure despite firm demand expectations.Lynas remains central to Western efforts to diversify away from China’s dominance in rare earth processing, with its Malaysian and Australian operations supplying key materials used in electric vehicles,…

Central banks dominated Wednesday’s trading as the Federal Reserve delivered an expected rate cut while simultaneously clouding the outlook for December, triggering sharp reversals across asset classes and sending a clear message that policy is “not on a preset course.” Check out the forex news and economic updates you may have missed in the latest trading session! Headlines & Data: Australia Consumer Price Index Growth Rate for September 30, 2025: 3.2% y/y (2.9% y/y forecast; 2.1% y/y previous); 1.3% q/q (1.0% q/q forecast; 0.7% q/q previous) Japan Consumer Confidence for October 2025: 35.8 (35.5 forecast; 35.3 previous) Swiss Economic Sentiment…

Illinois jury weighs case against ex-deputy who killed unarmed Black woman Source link