Author: FX
Bank of Japan Governor Ueda spoke at the Meeting of Councillors of Keidanren (Japan Business Federation) in Tokyo in Thursday, December 25, 2025. The title of the speech, reflective of its content, was “Toward the Achievement of the Price Stability Target Accompanied by Wage Increases”.Summary:Ueda said underlying inflation is steadily approaching 2%, supported by tight labour markets and changing wage-price behaviour. With real rates still very low, the BOJ is prepared to keep raising rates as economic conditions improve.-Bank of Japan Governor Kazuo Ueda said Japan’s underlying inflation is continuing to accelerate gradually and is steadily approaching the central bank’s…
BOJ chief sees progress in hitting price goal, signals further hikes Source link
The latest MACD histogram reading on GBP/JPY shows early signs that the recent bullish momentum may be losing strength. Price is still trading near multi-month highs, but the underlying momentum profile is no longer accelerating. This kind of shift can precede a pause, consolidation, or a deeper corrective phase, making it a key moment for traders to reassess risk around current levels. What MarketMilk Has Detected MarketMilk has detected that the MACD(12,26,9) histogram remains in positive territory but is now falling from a recent peak, shifting from 0.194561 → 0.227695 → 0.180527. This pattern indicates that while the uptrend is…
The Average Directional Index (ADX) is a popular technical tool that measures the strength of a trend, regardless of its direction. It is usually displayed with two additional lines, +DI and –DI, which indicate positive and negative directional movement. Traders rely on the ADX to determine if a market is trending strongly or if it is consolidating. When the ADX value rises above 25, it signals a strong trend, while values below 20 indicate a weak or sideways market. By using this indicator, traders can avoid false signals and focus on high-probability trades. How It Helps in Trading Decisions The…
Sanofi pushes ahead on adult vaccines with $2.2 billion Dynavax deal Source link
The Canadian Dollar (CAD) holds modest gains against the US Dollar (USD) on Wednesday, even as the Greenback trades firm amid limited movement as markets drift into holiday mode. At the time of writing, USD/CAD is trading around 1.3675, hovering near its lowest level since July 25.Gross Domestic Product (GDP) data released on Tuesday did little to shift sentiment around USD/CAD. Canada’s economy contracted by 0.3% MoM in October, matching forecasts and reversing a 0.2% gain in the prior month. Meanwhile, the preliminary estimate of third-quarter GDP showed the US economy grew at a strong annualised pace of 4.3%, beating…
Gold (XAU/USD) trades on the back foot on Wednesday after surging to a fresh all-time high near $4,526 earlier in the day. Volatility picked up amid thin holiday liquidity ahead of Christmas, encouraging mild profit-taking at elevated levels. At the time of writing, XAU/USD trades around $4,470, up nearly 3% this week.Bullion’s historic rally this year has been nothing short of remarkable, with prices up more than 70% year to date, putting Gold on track for its strongest annual performance since 1979. The rally has been driven by strong safe-haven demand amid persistent geopolitical risks and economic uncertainties, as well…
Quick Summary:Success in Forex isn’t about predicting the win; it’s about defining where you are wrong. This guide covers the 3-step risk process: Defining (Technical levels), Limiting (Position sizing/proximity), and Accepting (Mental edge).A Text That Boosted My Ego (And Proved My Point)A few years ago, at a social gathering, I met someone through a mutual friend who traded Forex. Naturally, we got to talking shop. During the conversation, I hammered home a point I make to anyone who will listen: risk management is the most important aspect of trading.I didn’t hear from her for a long time. But this week,…
Soccer-Martha Stewart joins Snoop Dogg as Swansea minority co-owner Source link
GBP/USD slips slightly as holiday-thinned markets keep trading subduedThe British Pound (GBP) softens against the US Dollar (USD) on Wednesday, with the Greenback finding mild support amid reduced liquidity during the shortened US holiday session. At the time of writing, GBP/USD trades around 1.3500, easing slightly after briefly touching an intraday high near 1.3534, its strongest level since September 19. Read More…Pound Sterling outperforms US Dollar amid firm Fed dovish bets for 2026The Pound Sterling (GBP) revisits the three-month high around 1.3535 against the US Dollar (USD) during the European trading session on Wednesday. The GBP/USD pair trades firmly as the Greenback underperforms, with unexpectedly stronger…