Author: FX

Did the U.S. manufacturing sector extend its stay in growth territory for February? Or was the January pickup just a fluke? Traders are likely to look closely into the jobs and inflation components to get a better picture of what’s really going on in the industry. Here’s what to look out for in the upcoming ISM manufacturing PMI report. Source link

Tokyo core inflation dips below 2%, but firm underlying prices keep BOJ tightening bias intact.Summary:Tokyo February headline CPI: 1.6% y/y (exp 1.4%)Core (ex fresh food): 1.8% y/y (exp 1.7%, prior 2.0%)Core-core (ex fresh food & energy): 2.5% y/y (exp 2.3%, prior 2.4%)Core inflation slips below BOJ’s 2% target for first time in 16 monthsTrend inflation gauge strengthens, in line with BOJ’s “temporary slowdown” viewInflation in Japan’s capital moderated in February, with core prices slipping below the Bank of Japan’s 2% target for the first time in 16 months, though underlying momentum remained firm.Data for Tokyo, widely viewed as a leading…

AUD/JPY has been cruising above an ascending trend line on its 4-hour time frame, and it looks like another dip to support is underway. Or are we about to see a breakdown and reversal soon? Take a look at these inflection points and potential targets! AUD/JPY 4-hour Forex Chart Faster With TradingView Stronger-than-expected Australian inflation data released earlier this week bolstered March RBA tightening expectations, allowing AUD/JPY to bust through the 110.00 barrier. At the same time, political pressure from Japanese PM Takaichi for the BOJ to refrain from hiking rates weighed heavily on the yen, followed by speculations that…

The Opening Range Breakout MT5 Indicator solves this by automatically marking the high and low of a session’s opening period, giving you clear levels to work with. Instead of eyeballing candles and second-guessing entry points, you get visual confirmation of the range that matters most. When price breaks above or below these levels with conviction, you’ve got a defined trading opportunity backed by decades of market behavior patterns. What the Opening Range Breakout Indicator Actually Does The Opening Range Breakout (ORB) indicator identifies and plots the high and low prices established during the first period of a trading session typically…

AUD/USD extends its losses for the second successive session, trading around 0.7110 during the Asian hours on Friday. However, the downside of the pair could be limited as the Australian Dollar (AUD) may strengthen on cautious sentiment surrounding the Reserve Bank of Australia (RBA) policy outlook.Traders widely expect the RBA to leave the cash rate unchanged at 3.85% at its March meeting, as policymakers will not receive the full Q1 inflation report until late April. RBA Governor Michele Bullock also emphasized that a patient approach remains appropriate with the economy operating near equilibrium, dampening expectations of an aggressive tightening cycle.Australia’s…

Markets navigated conflicting signals on Thursday as optimism around US-Iran nuclear talks pressured oil prices lower while hawkish Bank of Japan rhetoric lifted the yen, even as US equities struggled to overcome lingering concerns about AI sector valuations following Nvidia’s mixed reception. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: New Zealand ANZ Business Confidence for February 2026: 59.2 (67.0 forecast; 64.1 previous) Australia Private Capital Expenditure for December 31, 2025: 0.4% q/q (0.3% q/q forecast; 6.4% q/q previous) Japan Leading Indicators Index for December 2025:…

CAD/JPY is flashing a classic momentum “regime change” type of alert as the MACD pushes back into positive territory. Even though the latest daily candle closed slightly lower, the underlying momentum measure has improved enough to trigger a notable threshold. This kind of signal often grabs attention because it can show up early in a transition from recovery to trend follow-through. The next few sessions matter most for whether momentum can translate into sustained price acceptance above nearby levels. Welcome to “TA Alert of the Day.” Each day after the market close, MarketMilk scans for popular technical indicator alerts. We…

The broader US stock market snapped a two-day win streak, leaving the major indices modestly lower for the week with one session remaining. The Dow is down -0.26%, the S&P is down -0.01% and the Nasdaq is down -0.03%. For the day:Dow industrial average rose 17.05 points or +0.03%S&P fell -37.27 points or -0.54% Nasdaq fell -273.69 points or -1.18% The focus, however, was squarely on Nvidia.The company delivered better-than-expected earnings and raised guidance after the close yesterday. Shares initially popped in after-hours trading, but the upside momentum quickly faded. By the end of the session, the stock was closing…

Here is what you need to know on Friday, February 27:Initial Jobless Claims in the week ending February 21 came in at 212K, below economists’ expectations of 215K but slightly above the previous reading of 208K. Continuing Claims also declined to 1.833 million, signaling stabilization in labor market conditions. The United States (US) Dollar Index (DXY) is trading near the 97.90 level, recovering part of Wednesday’s losses even after Federal Reserve (Fed) Governor Stephen Miran reaffirmed his dovish stance, indicating he is looking for 1% rate cuts this year. He added that “prices right now seem stable,” and he does…

If you want to know how talks are going between Iran and the USA then you don’t need to look any further than the intraday WTI crude oil chart. It was lower earlier on some profit taking ahead of talks but since the talks ended, it’s been one-way traffic higher.Reports continue to highlight that the US has taken minimalist positions, including a reversal of conventional missile production, exporting enriched uranium out of the country and destroying nuclear (or not?) sites. There is also the thorny issue of regional proxies, which Iran formally denies.The main signal the market continues to see…