Author: FX

The Federal Reserve (Fed) held rates at 3.50% to 3.75% at its January 28 meeting, pausing after three consecutive quarter-point cuts in 2025. Two Federal Open Market Committee (FOMC) members dissented in favor of a cut, but Chair Powell pointed to an improved growth outlook and signs of labor market stabilization as reasons to wait. Wednesday’s Non-Farm Payrolls (NFP) report reinforced that stance, with January payrolls rising by 130K, the largest gain in over a year, while the unemployment rate fell to 4.3%. The stronger-than-expected data pushed Treasury yields higher and prompted markets to delay the next expected rate cut…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: investingLive is not an investment advisor, investingLive provides references and…

TD Securities analysts note that UK GDP for December matched expectations at 0.1% month-on-month, but downward revisions to November left Q4 growth at 0.1% quarter-on-quarter, below consensus and Bank of England projections. The bank notes narrow sectoral strength and a sluggish broader economy, suggesting this could influence marginal MPC voters toward a potential rate cut in March.Soft data may sway MPC doves”Index of Services had a very similar story, being above expectations in December at 0.3% m/m, but flat and disappointing on a 3m/3m basis. Furthermore, December’s strength was idiosyncratic to the transport, administrative, and wholesale trade sectors, which doesn’t…

Prior +0.1%GDP +1.0% vs +1.2% y/y expectedPrior +1.3%; revised to +1.2%The headline figure might point to marginal growth on the quarter, but UK real GDP per capita is now down for two consecutive quarters. So, that is something to take note of.That being said, real GDP per capita is still estimated to have increased by 1.0% annually in 2025. That follows no growth in the year before that.As a whole in 2025, UK GDP is estimated to grow by 1.5% annually last year. That compares with the 1.1% growth in 2024.The release here comes alongside the December monthly report as…

The Swing High Swing Low Indicator works by scanning a specific number of bars to the left and right of a potential pivot point. When price forms a high that’s higher than a set number of bars on both sides, it marks a swing high. The same logic applies in reverse for swing lows—the indicator flags a low that’s lower than surrounding bars on both sides. Here’s where it gets practical. Most versions use a default setting of 5 bars on each side, meaning the indicator needs 5 bars to the left and 5 to the right to confirm a…

Markets will be watching closely on Thursday, when the United Kingdom’s (UK) Office for National Statistics (ONS) will release the advance estimate of Q4 Gross Domestic Product (GDP).If the data land in line with consensus, the UK economy would have continued to grow at an annualised pace of 1.2%, compared with 1.3% recorded the previous year. If forecasts match, it would suggest a steady but uninspiring outcome, hinting that momentum is starting to level off. On a QoQ basis, GDP is expected to show a modest expansion of 0.2%, slightly above the 0.1% in Q3, reinforcing the idea of an…

Uncle Sam’s January jobs report already beat expectations, so can it go two-for-two with an upbeat CPI release? Or will a major miss still weigh on a hawkish Fed bias? Here’s what to expect from this top-tier report. 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

GBP/CHF looks set to extend a weeks-long downtrend! Will the pair draw in bearish pressure in the next trading sessions? Here’s what we’re seeing on the 4-hour time frame: GBP/CHF 4-hour Forex Chart Faster with TradingView The British pound ran into trouble earlier this week as traders ducked into the safe haven Swiss franc. Uncertainty ahead of key U.S. data kept nerves on edge, and brief political noise around PM Starmer did not help matters. Meanwhile, the franc enjoyed a tailwind from broad U.S. dollar weakness as markets positioned for softer retail sales. But that bid faded quickly after a…

The U.S. labor market delivered a surprisingly robust performance to start 2026, adding 130,000 jobs in January—nearly double economists’ expectations—while the unemployment rate ticked down to 4.3%, according to data released Wednesday by the Bureau of Labor Statistics. The strong headline figure reinforces the Federal Reserve’s case for keeping interest rates on hold through the remainder of Chair Jerome Powell’s term, which expires in May, as policymakers await clearer evidence that inflation is returning to target. Key Takeaways Nonfarm payrolls: Added 130,000 in January (vs. 65,000-75,000 expected) Unemployment rate: Fell to 4.3% from 4.4% in December (matching expectations) Prior months…

The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate.Previous close 6.9106PBOC inject 166.5bn yuan via 7-day RRs @1.4% This article was written by Eamonn Sheridan at investinglive.com. Source link