Author: FX

Prior monthCurrent conditionsFifth District Manufacturing Index: -4 vs -17 → HigherShipments: 4 vs -20 → HigherVolume of New Orders: -6 vs -15 → HigherBacklog of Orders: -16 vs -21 → HigherCapacity Utilization: -10 vs -18 → HigherVendor Lead Time: 6 vs 10 → LowerLocal Business Conditions: -1 vs -12 → HigherCapital Expenditures: -10 vs 11 → LowerFinished Goods Inventories: 15 vs 11 → HigherRaw Materials Inventories: 17 vs 17 → UnchangedEquipment & Software Spending: -10 vs -11 → HigherServices Expenditures: -24 vs -17 → LowerEmploymentNumber of Employees: -10 vs -15 → HigherWages: 15 vs 13 → HigherAvailability of Skills Needed:…

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The Bank of Canada heads into its October meeting under pressure from U.S. tariffs that have hurt exports and dragged Q2 GDP down 1.6%, while core inflation still hovers above 3%. What are markets expecting, and how might CAD react to the event? We have the points you need to know! 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

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After a string of lower highs and lower lows, USD/CAD finally hit a major support zone that lines up with the pair’s longer-term trend. Think USD/CAD will pop higher in the next trading sessions? Here’s what we’re seeing on the 4-hour time frame: USD/CAD 4-hour Forex Chart by TradingView Improved risk appetite and talks of a Fed rate cut pushed the U.S. dollar lower earlier this week. Meanwhile, the Loonie got a bit of love from firmer crude prices and all the risk-on vibes from U.S.-China trade optimism. Remember that directional biases and volatility conditions in market price are typically…

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Since the latest U.S. inflation report came in much weaker than expected, will the Fed announce another interest rate cut this month? Or will they hold out on further easing? Either way, in the absence of major U.S. data points due to the prolonged government shutdown, the Fed decision could spur strong volatility and push USD in a clear direction. Here’s what to look out for in the October FOMC statement. 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…

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Japan and US governments preparing release of fact sheet including potential investment projects in the US, senior Japanese government official says fact sheet to include power generation and automobile-related products as potential investment projectsfact sheet expected to include company names such as Mitsubishi Heavy Industries This article was written by Eamonn Sheridan at investinglive.com. Source link

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The Back To The Future MT4 Indicator is built on the concept of historical pattern recognition. It scans past market data to find repeating trends and then uses those patterns to forecast possible future movements. This gives traders a visual roadmap of potential price paths, allowing them to plan entries and exits more strategically. Instead of reacting to what already happened, traders can anticipate what might come next. How It Works in Real Trading Conditions This indicator overlays predicted price movement lines directly on the chart. Traders can see possible future candles, support and resistance zones, and likely reversal areas.…

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