Author: FX
The BBR MT4 Indicator is a technical analysis tool that helps traders track price movements with better clarity. It is designed to highlight potential turning points and confirm ongoing trends. By doing this, it reduces confusion that often comes with relying solely on raw price charts. Many traders use it to filter out market noise and focus on stronger signals, making their trading decisions more consistent and effective. Why Traders Use BBR MT4 One of the key benefits of the BBR MT4 Indicator is its ability to provide clear buy and sell zones. Instead of second-guessing, traders can easily identify…
Fed’s Logan: US may need more slack in job market to hit 2% inflation Source link
It’s the final session of September and the third quarter, with US equities posting modest gains & USD only slightly down despite mounting concerns about an imminent U.S. government shutdown. Gold continued its relentless march to fresh records while oil remained under pressure from supply glut worries. Check out the headlines and economic updates you may have missed in the latest trading sessions! Headlines & Data: Australia Building Permits Prel for August 2025: -6.0% m/m (-4.0% m/m forecast; -8.2% m/m previous) China NBS Manufacturing PMI for September 2025: 49.8 (49.9 forecast; 49.4 previous) – sixth straight month of contraction China NBS…
Via oilprice.com:Expectations I had seen centred on:Headline crude +1 mn barrelsDistillates -1.1 mn bblsGasoline +0.7 mnThis data point is from a privately-conducted survey by the American Petroleum Institute (API).It’s a survey of oil storage facilities and companiesThe official report is due Wednesday morning US time.The two reports are quite different.The official government data comes from the US Energy Information Administration (EIA)Its based on data from the Department of Energy and other government agenciesWhereas information on total crude oil storage levels and variations from the previous week’s levels are both provided by the API report, the EIA report also provides statistics…
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Mexican board member of Sabadell accepts BBVA’s bid; board tells investors to reject bid Source link
German DAX, +0.57%France’s CAC +0.19%UK’s FTSE 100 +0.54%Spain’s Ibex +1.04%Italy’s FTSE MIB +0.40%As London/European traders head for the exits, US stocks are trading lower in up-and-down trading:Dow industrial average is down -107 points 4-0.23% at 46209.39. At session highs the index was up 66.54 points. S&P index -7.48 points or -0.13% at 6652.63. The index had a modest 0.36 point rise at the highsNASDAQ index -42.78 points or -0.19% at 22547.50. At session highs the index was up 22.24 pointsIn the US debt market, yields are mixed with a steeper yield curve:2 year yield 3.600%, -3.3 basis points5 year yield…
Pound Sterling climbs above 1.3460 as US budget gridlock sparks worries of shutdown disrupting key economic data releases.US Job Openings rise to 7.227 million, while Conference Board Consumer Confidence dips below expectations.UK GDP growth beats forecasts at 1.4% YoY, but Sterling strength mainly fueled by broad-based Dollar weakness.The Pound Sterling (GBP) extends its gains for three straight days on Tuesday, edging up 0.20% as investors sell off the US Dollar (USD) amid fears of a US government shutdown. GBP/USD is trading at 1.3461 at the time of writing.Sterling gains for third day as political deadlock in Washington drives Dollar sell-offThe…
The US Dollar (USD) is weakening on Tuesday, with the US Dollar Index (DXY) trading down 0.2% at the time of writing, as investors position themselves ahead of the much-anticipated release of the Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers Index (PMI), scheduled for Wednesday at 14:00 GMT.Traders remain cautious, as a better-than-expected figure could revive expectations of a pause in the Federal Reserve’s (Fed) monetary easing, while further weakness in the manufacturing sector would reinforce bets on additional interest rate cuts by the end of the year.Manufacturing sector still under pressureThe ISM Manufacturing PMI is expected to reach…
EUR/USD extends its gains for a third consecutive day as the US Dollar remains on the defensive.Softer US Consumer Confidence and looming government shutdown risk weigh on the Greenback.JOLTS Job Openings surprise to the upside but fail to boost the US Dollar.The Euro (EUR) edges higher against the US Dollar (USD) on Tuesday, with EUR/USD erasing earlier losses as the Greenback remains on the defensive following the latest batch of US data. Weaker-than-expected consumer confidence figures and concerns over a potential government shutdown in the United States (US) kept the Greenback on the back foot, helping the Euro reverse its…