Author: FX
EUR/GBP turned higher from a mid-channel level and now looks ready to make another run at a big resistance zone. How high can EUR/GBP fly before the bears step in again? We’re taking a closer look at September’s highs! EUR/GBP 4-hour Forex Chart by TradingView The euro has gained ground against the British pound in recent trading sessions, as European Central Bank (ECB) officials maintain their relatively less dovish stance, and EUR finds support from robust European equity demand. Sterling, meanwhile, has struggled to find sustained demand amid mixed mid-tier UK data releases and concerns from U.S. government shutdown uncertainties.…
Japan set for historic LDP leadership vote with Takaichi and Koizumi leading the raceJapan could soon see its first female prime minister or its youngest modern leader as the ruling Liberal Democratic Party chooses a successor to Shigeru Ishiba, who is stepping down after a string of election defeats.The contest pits 64-year-old conservative nationalist Sanae Takaichi against 44-year-old Shinjiro Koizumi, son of former premier Junichiro Koizumi. Cabinet Secretary Yoshimasa Hayashi, 64, is also a contender, seen as a continuity candidate. Five candidates in total are vying for the leadership.Takaichi leads among grassroots party members and has proposed aggressive state-led spending…
The ascending trend line is holding up pretty well for AUD/NZD and it looks like another test of support is coming up. Is the trend still our friend? AUD/NZD 4-hour Forex Chart by TradingView AUD/NZD has been forming higher lows connected by a rising trend line that’s been holding since mid-August, as monetary policy divergences between the RBA and RBNZ have been highlighted. While the Australian economy continues to print upbeat data and its central bank kept rates on hold as expected, New Zealand has been seeing some misses that are keeping easing expectations in play. Can AUD/NZD sustain its…
The Heiken Ashi Doji Spotter MT4 Indicator is designed to highlight Doji candles within Heiken Ashi charts. Unlike standard candlestick charts, Heiken Ashi smooths price action, making it easier to recognize market trends and potential reversals. When combined with Doji spotting, traders can quickly identify moments of indecision where the market may be preparing for a change. This saves time and removes the guesswork involved in scanning for patterns manually. Why It Matters for Traders Doji candles are known for signaling turning points, but on traditional charts, they can get lost in market noise. The indicator solves this problem by…
The Swiss economy printed another decline in inflation as expected, supporting expectations of further easing by the SNB. Headline CPI fell 0.2% month-on-month in September, following the previous 0.1% drop. Key Takeaways from the September Swiss CPI Headline figures disappoint: The Swiss CPI fell 0.2% month-over-month in September, with annual inflation holding at 0.2% compared to the same month last year Core inflation remains subdued: Core inflation (excluding fresh and seasonal products, energy, and fuel) registered just 0.7% year-over-year, while monthly core CPI declined 0.2%. Downward price pressures dominated: The monthly decline was driven by lower prices for supplementary accommodation…
Tech stocks powered to fresh records on Thursday as investors brushed aside the second day of the U.S. government shutdown, with markets more focused on geopolitical tensions after Russia warned of retaliation over potential U.S. missile deployments to Ukraine. The dollar whipsawed on conflicting shutdown headlines while gold maintained its relentless ascent toward $3,900. Check out the headlines and economic updates you may have missed in the latest trading sessions! Headlines & Data: Australia Balance of Trade for August 2025: 1.83B (7.1B forecast; 7.31B previous) Australia Imports for August 2025: 3.2% m/m (-1.3% m/m previous) Australia Exports for August 2025: -7.8%…
Treasury Secretary Scott Bessent warned in an interview with CNBC that the ongoing government shutdown could weigh on U.S. economic growth. Speaking on the second day of the closure, he noted that without a continuing resolution to fund operations, the economy risks a drag on GDP, overall growth, and working Americans.“We could see a hit to the GDP, a hit to growth and a hit to working America.”Although past shutdowns have generally shown little impact, Bessent cautioned that a prolonged one could cause more serious harm, particularly if President Trump follows through with suggestions of permanently dismissing large numbers of…
PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund declares monthly distribution of $0.1200 Source link
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: investingLive is not an investment advisor, investingLive provides references and…
Exclusive-Armani approached potential buyers over stake sale, sources say Source link