Author: FX
USD/CHF stabilizes around 0.7940, recovering from its lowest level since July 24.Traders await US NFP benchmark revision due at 14:00 GMT, which is expected to show sharp downward revisions to job growth.Markets have fully priced in a 25 basis point rate cut at the Federal Reserve’s September 16-17 meeting, with a 50 bps move still seen as a possibility if the data proves weaker than feared.The Swiss Franc (CHF) softens slightly against the US Dollar (USD) on Tuesday, with the USD/CHF pair stabilizing after a two-day decline, as the Greenback attempts to recover from seven-week lows. Traders are treading cautiously…
UN urges states to set aside politics as it seeks $140 million for Afghanistan earthquake victims Source link
Eurostoxx +0.2%Germany DAX flatFrance CAC 40 +0.3%UK FTSE +0.1%Spain IBEX -0.2%Italy FTSE MIB +0.5%It’s a bit of a mixed bag but French stocks are at least a little higher after digesting Bayrou was ousted as prime minister yesterday. Besides that, there’s not too much else after the modest gains yesterday to start the week. US futures are also holding just a touch higher with S&P 500 futures now up 0.2%. That’s keeping the market mood in a steadier state as we slowly turn the focus towards the US CPI report later this week. This article was written by Justin Low…
The Session Open V-Line Indi MT4 Indicator is designed to mark the start of major trading sessions, such as London, New York, and Tokyo. These lines help traders recognize when fresh momentum enters the market. By simply looking at the chart, users can see when institutional activity usually picks up, allowing them to prepare for potential price swings and breakout opportunities. Why This Indicator Matters Many traders rely on price action around session openings because that’s when liquidity is at its highest. Without a visual reference, it’s easy to overlook these key times. The Session Open V-Line Indi solves this…
The U.S. dollar has been giving up ground to the yen even with all the political drama in Japan. Will a key technical support zone stem USD/JPY’s losses? Let’s zoom in on the 4-hour chart: USD/JPY 4-hour Forex Chart by TradingView Weak August jobs data and growing talk of a Fed rate cut have NOT helped the U.S. dollar, which started the week on shaky ground against the majors. The yen isn’t faring much better, with PM Ishiba’s weekend resignation stirring up leadership uncertainty and weighing on the currency. Still, with traders eyeing the U.S. CPI, some profit-taking could show…
The ECB is on deck this week, and just about everybody and their momma thinks the central bank will keep its policies steady in September. Our Event Guide for the September ECB Statement notes that the statement and press conference could still lean a little more hawkish than traders have priced in. If the event gives the euro a boost, setups in pairs like EUR/CHF and EUR/GBP could turn into interesting trading opportunities. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic…
Amnesty says Pakistan spying on millions through phone-tapping, firewall Source link
The ECB is widely expected to keep interest rates unchanged in their upcoming policy decision, possibly triggering a “buy the rumor, sell the news” dip. Our Event Guide for the September ECB Statement points out that a neutral statement could simply lead to quick profit-taking amid the broader euro uptrend. Can EUR/JPY and EUR/NZD stay above these areas of interest? This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus More! Source link
The ECB monetary policy decision is coming up soon, and market players are keen to find out if the central bank still has any surprises up its sleeve. Expectations are for ECB head Lagarde and her fellow policymakers to keep rates on hold for the time being, especially since trade-related concerns have been fading. Here are the points you need to know when trading this event. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access…
Markets kicked off the week with cautious optimism despite political turmoil in Japan and France, as risk appetite held firm on Fed rate cut expectations. Gold hit record highs while the dollar stayed on the defensive, setting the tone ahead of Thursday’s US CPI report. Check out the headlines and economic updates you may have missed in the latest trading sessions! Headlines: Japanese Prime Minister Shigeru Ishiba resigned on Sunday following LDP’s election losses Japan GDP Growth Rate Final for Q2 2025: 0.5% q/q (0.3% q/q forecast; 0.0% q/q previous); 2.2% y/y (1.0% y/y forecast; -0.2% y/y previous) Japan GDP Price…