Author: FX

The US Dollar Index faces slight selling pressure ahead of the US PCE inflation data for July on Friday.Traders are confident that the Fed will cut interest rates in the September policy meeting.Fed’s Williams argued that officials need to see economic data to decide on interest rates in September.The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.12% lower to near 98.00 during the Asian trading session on Thursday. The US Dollar (USD) faces slight selling pressure as investors turn cautious ahead of the United States (US) Personal Consumption Expenditure Price Index (PCE) data…

USD/CAD depreciates amid rising concerns over Fed independence.Fed Governor Cook’s exit could increase the likelihood of interest rate cuts.BoC Governor Macklem stated that the central bank will maintain its 2% inflation target for the foreseeable future.USD/CAD extends its losses for the third successive session, trading around 1.3770 during the Asian hours on Thursday. The pair depreciates as the US Dollar (USD) faces challenges amid rising concerns over the US Federal Reserve’s (Fed) independence. Traders await the Q2 US Gross Domestic Product (GDP) Annualized due later in the day.US President Donald Trump announced early Tuesday that he was removing Fed Governor…

With no fresh catalysts, the major currencies danced to the tune of Fed expectations and market risk sentiment. Meanwhile, other major assets kept grinding along as traders weighed mixed economic data, central bank speculations, and fresh geopolitical headlines. Here’s how major asset classes performed in the latest trading sessions! Headlines: BOC Gov. Macklem rules out review of 2% inflation target amid supply chain and tariff uncertainty Australia CPI for July 2025: 2.8% (2.0% forecast; 1.9% previous) AUD jumps as Australia’s July CPI dampened RBA easing hopes, but gains limited China industrial profits (YTD) for July: -1.7% y/y (-1.8% y/y forecast;…

Australian Dollar appreciates as Private Capital Expenditure climbed 0.2% in Q2, against the expected 0.7% rise.The AUD gained support after hot Australian inflation data lowered expectations of an RBA rate cut.The CME FedWatch tool indicates pricing in more than 88% odds for a 25 basis-point Fed rate cut in September.The Australian Dollar (AUD) gains ground for the third successive session on Thursday, following the release of Private Capital Expenditure, which rose 0.2% in the second quarter, from the previous decline of 0.1% but falling short of the expected 0.7% increase. The AUD/USD holds ground as the US Dollar (USD) struggles…

EUR/CAD has been cruising with its higher lows and higher highs inside an ascending channel on its 4-hour time frame. Is it about to find support at these retracement levels? Let’s take a look at these nearby inflection points! EUR/CAD  4-hour Forex Chart by TradingView The euro had a pretty solid run earlier this month, buoyed by improving economic data and relatively neutral ECB rhetoric downplaying the odds of aggressive easing. On the flip side, the Canadian dollar has been bogged down by weakening crude oil prices and a lack of progress in U.S.-Canada trade talks. However, EUR/CAD retreated from…

Bank of Japan monetary policy board member Nakagawa, full text:Nakagawa:If its outlook for economic activity and prices is realized, BOJ will continue to raise the policy interest rateHigh uncertainties remain over future course of trade policies and their impactBoJ will make monetary appropriate policy decisions by continuing to carefully assess data and informationThere is possibility that upward pressure on wages and the pass-through of higher wages to selling prices will strengthenResults of the upcoming September Tankan will also be very important in examining the changes arising from factors such as progress in trade policy negotiationsIf firms focus much more on…

The MA Candles Two Colors MT4 Indicator is designed to simplify market analysis by replacing traditional candlesticks with color-coded moving average candles. Instead of relying on standard price candles, this indicator paints the chart with two distinct colors—one for uptrends and another for downtrends. This makes it easy for traders to quickly identify the prevailing trend without second-guessing. The simplicity of the visual design reduces chart noise and helps traders focus on the bigger picture. Why Traders Prefer Color-Coded Candles Many traders prefer this indicator because it eliminates the guesswork that comes with analyzing multiple moving averages or other complex…

Ukraine sees 'priceless' digital battlefield data trove as key to West's support Source link

Nvidia (NVDA) call now US govt has not pubbed regulation codifying 15%Says US government officials expressed expectation that the US government will receive 15% of revenue generated from licensed H20 salesSays any request for a percentage of revenue may subject US to litigationSays US$2bn to 5bn of H20 chip could be shipped to China If geopolitical issues resolve the firm could ship US$2 billion to $5 billion in H20 revenue in Q3 and if it had more ordersWe are at the beginning of an industrial revolution that will transform every industry. We see US$3 to $4 trillion in AI infrastructure…

adventtrSemiconductor stocks are firmly in the spotlight on Wednesday, as investors take a cautious stance and wait for the much-anticipated earnings release from Nvidia (NASDAQ:NVDA). As a result, Seeking Alpha compiled a list of the top 10 U.S. semiconductor stocks with a Source link