Author: FX
With the latest NFP report undermining hawkish Fed expectations, will the upcoming CPI release add salt to the dollar’s wounds? Source link
Yen support looks fragile; Tokyo opts for passive strategy, missed chance to press intervention advantage !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
EUR/CHF is pushing back toward recent highs, but the latest advance is also bringing the pair closer to a key resistance zone. With price stretched near the top of its recent range, traders may be watching for either a breakout that extends the rally or signs of rejection that could trigger a pullback. Welcome to “TA Alert of the Day.” Each day after the market close, MarketMilk scans for popular technical indicator alerts. We use these alerts as the basis for a mini-lesson, breaking down what each alert means, why it matters, and how traders might interpret it. The goal…
Citi Mexico released the Expectations Survey on Monday, in which the central bank polled 35 economists to gather their forecasts for monetary policy, the USD/MXN exchange Rate, inflation expectations, and economic growth.Citi’s survey shows that the majority of the economists polled expect monetary policy to remain steady at 6.50%. Seven of those 35 expect the next movement to be a rate hike, and six expect a cut further ahead. The rest expect policy to remain steady.The USD/MXN exchange rate is expected to end at 17.90 in 2026, unchanged. For 2027, the consensus suggests a depreciation of the Mexican Peso (MXN),…
USD/JPY is starting to remind me of the Iran war: There’s a battle but no defined strategy.It’s abundantly clear that both Japan and the US want USD/JPY lower but we don’t know how low they want it to go, or what they’re prepared to do to get in there (and hold it there). For now, the tactic has been to throw money at the trade, with the US selling euros to buy yen. That led to a squeeze lower in the pair but it quickly bottomed out and now the bulls are wading in.I’m watching 159.58, which is the 50%…
The cryptocurrency market shows signs of trimming gains accrued last week as Bitcoin (BTC) slides below $65,000 at the time of writing on Monday. Meanwhile, Gold (XAU/USD) maintains a bullish outlook, hovering above $4,350.Trump claims negotiations with Iran as Oil prices climbUnited States (US) President Donald Trump has said that he is “semi-negotiating” with Iran and that he was going to let economic pressure pile on the country, according to a CBS News report. However, Tehran maintains that it is not actively engaging the US in talks.Oil prices have continued to surge, breaking above $80 per barrel of Crude as…
Trump says he’ll let economic pressure squeeze Iran instead of new strikes, but Tehran is hardening its Hormuz stance and oil is climbing again. Source link
Intel is selling $15 billion of common stock in a secondary offering as it dilutes shareholders (and the US government). Underwriters have an option for $2.25 billion more as well.Intel closed Friday at $101.65 for a market cap of about $562 billion, with a 52-week range of $19.61 to $142.35. The stock is up roughly 170% in 2026. At current levels the full deal including the greenshoe is around 3% dilution. That is a cheap way to fund a fab but it’s indicative of a market where debt is getting harder to fund. Google earlier this year surprised markets by…
USD/CAD trades around 1.3940 on Monday at the time of writing, virtually unchanged on the day, after falling sharply on Friday. The US Dollar (USD) benefits from cautious safe-haven demand as geopolitical tensions in the Middle East remain elevated, while rebounding Oil prices provide support for the Canadian Dollar (CAD).Concerns surrounding the conflict between the United States (US) and Iran continue to weigh on risk appetite, with particular attention focused on the Strait of Hormuz. Tehran indicates that talks with Oman aimed at establishing a safe shipping route through the strategic waterway are nearing an agreement, while stressing that any…
The USD is at a crossroads ahead of CPI, while the AUD awaits RBA rate decision !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link