Author: FX

The Display Ask Bid MT4 Indicator is designed to show the current bid and ask prices clearly on the trading chart. Instead of switching between different windows or relying on the default platform display, traders can view both values instantly. This makes it easier to track price movements and understand the spread. For new traders, this feature is especially helpful since it simplifies how the market quotes prices. Why It Matters in Trading In forex trading, spreads can change quickly depending on market conditions. A stable spread may indicate normal trading activity, while a sudden increase often signals volatility. The…

Read More

Miran will also attend the September 16-17 Federal Open Market Committee (FOMC) meeting. Trump needs as many yes men on the Committee as he can get, getting Miran voted onto the FOMC is a win for Trump. Earlier:Lisa Cook WILL attend the September 16-17 Federal Open Market Committee (FOMC) meeting This article was written by Eamonn Sheridan at investinglive.com. Source link

Read More

The price of WTI crude oil is settling at $63.30 up $0.61 or 0.97%. The low to high trading range was confined, with the low for the day reaching $62.52, while the high was at $63.67.Technically, the price remains between close support and resistance on the daily chart. On the downside, there are swing lows between $60.45 and $61.94On the topside, the 61.8% retracement of the range since the April low comes in at $63.71. Above that, the 100 day moving average is at $64.31.Those areas will be the close support and resistance and also breakout levels for traders this…

Read More

The Canadian Dollar (CAD) is moving cautiously at the start of the week against the US Dollar (USD), with the USD/CAD Forex pair hovering around 1.3835, down very slightly over the session. Market operators are holding their breath ahead of the release of the August Consumer Price Index (CPI) on Tuesday at 12:30 GMT, a figure that could seal the trajectory of the Bank of Canada’s (BoC) monetary policy.Therefore, the CAD’s performance today is therefore marked by measured volatility, with traders preferring to wait for the data before taking positions. On Tuesday, the CPI release comes in at the same time…

Read More

Gold trades just shy of record highs on Monday, edging higher after last week’s all-time peak near $3,675.The Fed’s monetary policy decision on Wednesday dominates market sentiment, with a 25 bps cut seen as certain.XAU/USD continues to trade sideways with the 21-SMA providing short-term support.Gold (XAU/USD) kicks off the week on a positive footing, breaking out of last week’s sideways momentum after peaking at an all-time high near $3,675 on Tuesday. The move reflects renewed buying interest as traders position cautiously ahead of a pivotal week packed with central bank monetary policy decisions.At the time of writing, XAU/USD is trading…

Read More

EUR/CHF trades around 0.9350 on Monday, rebounding modestly after hitting its lowest since August 1 last week.ECB’s Isabel Schnabel said rates are in a “good place,” flagged upside inflation risks, and noted euro area growth is set to exceed potential.Swiss Producer and Import Prices fell 0.6% MoM in August, while the annual rate slumped to -1.8%.EUR/CHF kicks off the week on a positive note, attracting fresh buying interest after briefly falling to its lowest level since August 1 late last week. At the time of writing, the cross trades around 0.9350 on Monday, as the Euro draws some support from…

Read More

The most anticipated release of the week — the CPI report — confirmed that inflation is still above the Fed’s 2% target. However, the data didn’t show any acceleration, which gave the market some comfort. At the same time, the jobless claims number jumped to the highest level in nearly four years. That move was enough for traders to start betting more aggressively on a rate cut already next week, as the Fed may try to balance out the rapid slowdown in the labor market.The reaction in markets was immediate: Treasuries rallied, with the 10-year yield briefly dipping below 4%.…

Read More

The New Zealand Dollar (NZD) has not performed well in 2025. It is the third worse performing G10 currency in the year to date after the CAD and the USD and the second worst performer after the JPY in the half year to date, Rabobank’s FX analyst Jane Foley reports. RBNZ easing bias and weak economy weigh on kiwi”The poor performance of the NZD this year reflects the easing bias of the RBNZ, New Zealand’s lengthy bout of economic weakness, its links with the weak Chinese economy and the larger than expected 15% Trump trade tariff imposed on the country…

Read More