Author: FX
All eyes are on Friday’s US CPI report, which will dictate the Federal Reserve’s September 16 rate decision. While August’s 162,000 payroll rebound raised the chances of a rate hike to 59%, central bank leaders stress that inflation data will decide the outcome. Source link
The Supdem Supply and Demand MT4 Indicator helps traders identify areas where buying or selling pressure has previously caused a strong price reaction. Without clear zones, traders often chase candles, enter after the move has already happened, or get caught in a fake-out. A few bad entries can create frustration and unnecessary account drawdown.The indicator gives traders a visual way to study potential demand and supply areas directly on the MT4 chart. It can help organize price action, but it shouldn’t replace market structure or risk management. In practice, the strongest results come when traders combine the zones with trend…
USD/JPY remains heavy as the new week gets underway, what are the technicals saying? !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
Danske Research Team reports EUR/USD trading in a narrow 1.1610–1.1620 range after quickly reversing losses from a stronger US jobs report. They highlight a thin data calendar with United States (US) markets closed, and note that attention will shift to the upcoming European Central Bank (ECB) meeting, where a rate hike is widely expected, and to US Consumer Price Index (CPI) figures later in the week.Pair steadies in tight trading band”In the euro area, retail sales fell by 0.6% m/m in July (cons: 0.2%), following a small increase in June. Fuel sales weighed on the headline figure, but sales excluding…
Nastco Hackers stole $320M from a Bitcoin-linked network servicing multiple crypto exchanges, fueling further doubts over digital-asset security. Liquid Network, which develops a blockchain designed for faster transactions, had roughly 4,000 of the 4,200 Bitcoin held in its Liquid Federation wallet stolen, it said Source link
USD/JPY is testing major support near 155.00 as traders brace for U.S. inflation data, the Fed decision, and intervention risks. Source link
U.S. Federal Reserve members talk to the markets constantly. Between meetings, officials give speeches, testify before Congress, and drop clues about where interest rates could be headed. Then, eight times a year, the Fed goes quiet. Since midnight on Saturday, September 5, every Federal Reserve official has been under a formal communications ban. No speeches, no interviews, no carefully worded hints about what is coming at the September 15-16 meeting. The blackout period is in effect, and it runs through September 17. What Is the Fed’s Blackout Period? The blackout begins at midnight Eastern Time on the second Saturday before…
Gold may be completing a reversal as the ECB prepares to hike and Friday’s inflation report looms ahead of next week’s Fed decision. Source link
How rate hikes, and expectations of them, ripple through stocks and gold !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
West Texas Intermediate (WTI) gains ground after registering losses in the previous trading day, hovering around $90.00 per barrel during Asian hours on Monday. Crude oil prices climb following a fresh escalation of military strikes between the United States (US) and Iran, raising widespread fears of prolonged disruptions to Middle Eastern energy supplies.The conflict intensified over the weekend when the US targeted three Iranian oil tankers in retaliation for ballistic missile attacks against US Navy warships. Tehran responded by declaring a new restricted zone beyond the Strait of Hormuz, stretching across part of the Persian Gulf and encompassing the US…