Author: FX
The ECB faces one of central banking’s hardest dilemmas on Thursday, and understanding it helps explain why the euro could swing sharply either way. Source link
66 of 70 economists (~94%) forecast the BOJ to raise its policy rate to 1% in June (previously ~65%)68 of 69 economists (~99%) expect policy rate to reach at least 1% by the end of September53 of 67 economists (~79%) expect the BOJ to raise its policy rate to 1.25% in Q4 2026Adding to the projections above, roughly two-thirds of economists also now expect the policy rate to reach 1.50% by Q2 next year. That brings forward the expectations of such a target, which was projected for Q3 next year in May.As things stand, traders are pricing in ~87% odds…
U.S. crude oil prices just bounced from a previous support zone! Will this lead to WTI crude making countertrend moves in the next trading sessions? Source link
The US Bureau of Labor Statistics (BLS) will publish the May Consumer Price Index (CPI) data on Wednesday. The report is expected to show another step up in consumer inflation, driven by the persistently high Oil prices due to the ongoing crisis in the Middle East. The monthly CPI is forecast to rise 0.5%, following the 0.6% increase recorded in April, while the annual reading is seen climbing to its highest level since May 2023 at 4.2%, from 3.8% in April. Core CPI figures, which exclude volatile food and energy prices, are expected to post an increase of 0.3% and…
EUR/USD is hovering close to short-term and long-term correction levels, as the upcoming ECB decision could determine which trends are likely to pick up. Source link
The Federal Reserve’s blackout period started June 7. No official can say a word until after the June 16–17 FOMC meeting, and that silence makes Wednesday’s CPI report hit differently. Source link
China’s May producer inflation highest in nearly 4 years, consumer prices also rise Source link
The Most Accurate MT4 Indicator is a custom technical tool designed for the MetaTrader 4 platform. Its main goal is to detect strong momentum shifts and highlight potential buy or sell opportunities directly on the price chart. Most versions of this indicator combine several technical elements, such as: Moving average trend direction Momentum oscillators Volatility filters Price action confirmation By blending these factors, the indicator attempts to reduce false signals that occur during choppy markets. On the chart, traders usually see visual signals such as arrows, dots, or colored trend lines. A green or blue signal often suggests bullish momentum,…
Wholesale inflation remains elevated in Japan, way above expectations. May 2026 PPI, or corporate goods price index (CGPI), which measures the price companies charge each other for their goods and services:6.3% y/yexpected 5.5%, prior 4.9%)0.9% m/mexpected 0.5%, prior 2.3%Here’s a BoJ forecast:Daiwa sees BOJ June hike as bid to avoid falling behind the curve This article was written by Eamonn Sheridan at investinglive.com. Source link
Sterling finally got a piece of good domestic news and managed to enjoy it for about half a session. GBP/USD rallied from just below 1.3350 to a touch above 1.3400 on Tuesday, tagged the 200-day Exponential Moving Average (EMA), and spent the rest of the day leaking back beneath the figure. The bounce was real, the rejection was cleaner, and the week’s actual main event has not even happened yet.Retail therapy with an asteriskThe British Retail Consortium (BRC) reported like-for-like retail sales up 3.4% YoY in May, miles above the 0.6% consensus and a full reversal of April’s 3.4% decline.…