Author: FX
Markets delivered mixed signals on Wednesday as precious metals surged to historic highs amid geopolitical tensions and Federal Reserve independence concerns, while equities declined despite stronger-than-expected economic data that included robust retail sales and moderate producer price inflation. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: U.S. API Crude Oil Stock Change for January 9, 2026: 5.27M (-2.8M previous) New Zealand Building Permits for November 2025: 2.8% m/m (1.0% m/m forecast; -0.9% m/m previous) Japan Reuters Tankan Index for January 2026: 7.0 (11.0 forecast; 10.0 previous)…
Article Highlights NZD/USD is consolidating near a well-defined support zone after pulling back from early-December highs. Recent price behavior suggests selling pressure may be losing urgency, though direction remains unresolved. Any upside case still depends on price holding support and reclaiming nearby resistance levels. NZD/USD is showing early signs that the most recent downside momentum may be losing steam. While price action remains choppy, the latest MACD histogram behavior hints at an early shift that momentum-focused traders often watch closely. This is the kind of development that can matter most near well-defined support zones. Welcome to “TA Alert of the…
Eight of 12 districts saw slight to modest growthThree saw no changeOne saw a slight declineOutlooks for future activity were mildly optimistic with most expecting slight to modest growthPrices grew at a moderate rate across large majority of districtsThe Federal Reserve’s January 2026 Beige Book indicates a marginal improvement in the domestic economy, with eight of the twelve Districts reporting slight to modest growth. This shift follows three reporting cycles of stagnant activity. Consumer spending during the holiday season served as a primary driver for this uptick, though results were notably divided along socioeconomic lines. High-income households continued to spend…
The US economy is closing out 2025 with a bang—or at least, that’s what some prediction markets are suggesting. According to betting platforms and real-time economic trackers, there’s growing confidence that Q4 2025 GDP growth could exceed 3.0%, a threshold that would signal robust economic momentum heading into 2026. But as any seasoned market watcher knows, forecasts are like weather predictions: helpful, but not gospel. Let’s break down what’s driving the optimism, what could derail it, and why this particular GDP print matters more than usual. What Are Prediction Markets Saying? Prediction markets like Kalshi have become increasingly popular tools…
Bank of England Deputy Governor David Ramsden said that wages will remain a key focus for him this year and that his view is that policy remains restrictive in a speech at King’s College, in London on Wednesday.Key quotesKey difference for policy this year is we are not looking at a hump in cpi. Wages will remain a key focus for me. Latest ons wage data are encouraging. Labour market is continuing to weaken. My view is that policy remains restrictive. My starting point is that neutral rate is in middle of 2-4% range.” Pound Sterling Price Today The table…
FUNDAMENTAL OVERVIEWThe market has quickly forgotten about Maduro and Venezuela as the focus switched to the protests in Iran and Trump’s threats of military action to support the protestors. The US President is taking advantage of the protests to either overthrow the current regime or force them to sign deals on US terms.Yesterday, Trump stated on his Truth Social that all the meetings with Iran’s officials have been cancelled and exhorted the Iranian people to keep protesting because help was on the way.Nobody knows what he meant with “help is on the way” and when asked about it he answered…
The United States (US) Census Bureau will publish November Retail Sales on Wednesday. The delayed data is expected to show that sales rose a modest 0.4% in the month, following no change in October. The report was delayed by the government shutdown, which diminishes its potential impact on the US Dollar (USD). The Retail Sales report is a key indicator of consumer spending and consumer demand, which are major drivers of the US economy.Retail Sales Control Group, a smoother reading that excludes automobiles, gasoline, building materials, and food services, surged 0.8% in October after an unrevised 0.1% dip in September.…
The Sideways Market MT4 Indicator is built to highlight periods when price movements are flat or range-bound. It analyzes past price action, looking for low volatility zones where neither bulls nor bears dominate. By visually signaling these periods on your MT4 chart, the indicator helps traders avoid entering trades blindly. For example, during a sideways phase, trend-following strategies may fail, but this indicator ensures traders can recognize the pause in momentum before taking action. It is particularly useful for scalpers or swing traders who need to know when the market is likely to stay quiet. How It Helps Traders Avoid…
A binary indicator operates on simple logic: it generates one of two states per candle. Think of it like a light switch—either on or off, buy or sell, bullish or bearish. Unlike oscillators that move through a range of values, binary indicators make clear-cut decisions. The “no repaint” aspect is where things get critical. When an indicator doesn’t repaint, its signal for a closed candle remains fixed. If it showed a buy arrow at the close of the 10:00 AM candle, that arrow stays there whether the market moves up or down afterward. This consistency lets you backtest accurately and…
Well, the US may have tried to ease the approval criteria for Nvidia H200 chip exports to China. But evidently, Beijing looks to be having none of that. Quite literally.The latest report here states that China customs authorities have told customs agents this week that Nvidia’s H200 artificial intelligence (AI) chips are not permitted to enter the country. One of the sources claimed that:”The wording from the officials is so severe that it is basically a ban for now, though this might change in the future should things evolve.”As a reminder, the H200 AI chip is quite the contentious issue…