Author: FX
NZD/USD trades higher by more than 1%, trading around 0.5690 during the Asian hours on Wednesday. The technical analysis of the daily chart signals a persistent bearish bias as the pair price remains within the descending channel pattern.The NZD/USD pair remains below the falling 50-day Exponential Moving Average (EMA), preserving the broader downside bias, while a rebound above the nine-day EMA signals improving near-term traction.Short-term moving averages point to basing, with the nine-day EMA acting as initial support and the 50-day EMA capping the bounce. A sustained move through the latter would improve the outlook. A failure to hold above…
Australia’s annual inflation rate accelerated to 3.8% in October 2025, exceeding market expectations and complicating the Reserve Bank of Australia’s path toward further monetary easing. The October reading marks an uptick from September’s 3.6% and a significant beat on the 3.5% consensus, with core inflation also climbing. Key Takeaways Headline CPI: Rose 3.8% year-over-year in October, up from 3.6% in September and above the expected 3.7% Monthly inflation: Flat at 0.0% in original terms but rose 0.3% on a seasonally adjusted basis Core inflation (Trimmed mean): Increased to 3.3% annually from 3.2% in September, exceeding the 3.2% forecast Main drivers:…
AUD/CAD has formed lower highs and found support around the .9075 level, creating a descending triangle on its 4-hour time frame. Can it bounce off resistance again? Or will we see a breakout this time? AUD/CAD 4-hour Forex Chart by TradingView Stronger than expected Australian CPI released earlier this week helped cement hawkish RBA expectations, lifting AUD/CAD closer to its descending triangle top. This chart pattern has been holding for nearly a couple of months already, though, so are sellers just waiting to jump in at the resistance? Remember that directional biases and volatility conditions in market price are typically…
Australian inflation data for October 2025.Headline inflation is hotter than expected at 0% m/m vs. -0.2% expectedand 3.8% y/y vs. 3.6% expected and an RBA target band of 2-3%Core inflation is ugly, Trimmed mean 3.3% y/yYou can forget about rate cuts from the Reserve Bank of Australia with data like this. more to come—The monthly data has now taken on the role as the official inflation rate, replacing the quarterly release. From the Australian Bureau of Statistics:the complete Monthly CPI as Australia’s primary measure of headline inflation‘The complete Monthly CPI will enable earlier detection of shifts in inflation and provide…
U.S. markets embraced a familiar “bad news is good news” narrative on Tuesday, with equities surging and the dollar slumping as a trio of disappointing economic reports reinforced expectations that the Federal Reserve will cut interest rates in December. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: Tomoko Yoshino, the leader of Japan’s largest labor union group, urged the government to do more to ensure that workers’ wage gains outpace inflation Germany GDP Growth Rate Final for September 30, 2025: 0.0% q/q (0.0% q/q forecast; -0.3%…
USD/JPY makes a U-turn and tumbles over 0.54% on Tuesday as investors grew confident that the Federal Reserve will cut rates at the December meeting, following a soft US inflation report, along with weaker than expected Retail Sales. At the time of writing the pair trades at 155.98, below the 156.00 figure for the first time in four days.USD/JPY Price Forecast: Technical outlookThe USD/JPY is upwardly biased, but as of writing is texting previous resistance turned support, the February 10 high at 155.88. Nevertheless, the pair continues to print successive series of higher highs, higher lows an indication that bulls…
Nov. 25, 2025 5:08 PM ETThe Consumer Discretionary Select Sector SPDR® Fund ETF (XLY), VCR, FXD, FDIS, RSPD, RXIWSM, GNTX, PENN, DIN, CPRI, CPNG, APTV, WH, CHWY, KTBBy: Nilanjana Basu, SA News EditorprimeimagesGoldman Sachs analysts last week noted that hedge funds in Q3 2025 rotated away from consumer discretionary stocks into health care. The brokerage identified those health care stocks that experienced the largest net increases in hedge fund popularity in the Source link
Budget deficit $284 billion versus $235.05 billion estimate. Compares unfavorably to 2024 deficit of $257 billion.Total outlays $689 billion versus $584 billion in October 2024. Receipts $404 billion versus $327 billion in October 2024.Net customs receipts record $31.4 billion versus $7.3 billion in October 2024 This article was written by Greg Michalowski at investinglive.com. Source link
USD/CHF holds near 0.8080 on Tuesday at the time of writing, with the pair showing little direction with simultaneous weakness in both the US Dollar (USD) and the Swiss Franc (CHF). Pressure on both currencies is offsetting itself, keeping the pair confined to a narrow range.The US Dollar is slipping as expectations for monetary easing strengthen noticeably. Markets now assign an 81% chance of a 25-basis-point rate cut by the Federal Reserve (Fed) in December, according to the CME FedWatch tool, up from 71% the previous day. This shift comes after a series of dovish-leaning remarks from policymakers. Federal Reserve Governor…
MoM 0.1% versus 0.1% estimate. Prior month 0.1%YoY 1.4% versus 1.4% estimate. Prior month 1.6% In a separate, housing report from the FHFAMonthly Home price 0.0% vs 0.4% last monthYoY 1.7% versus 2.4% last monthMonthly index 435.4 versus 435.6 last month This article was written by Greg Michalowski at investinglive.com. Source link