Author: FX
NZD/USD loses ground after posting minor gains in the previous day, trading around 0.5850 during the Asian hours on Friday. The currency pair depreciated as the New Zealand Dollar (NZD) struggled against potential trade headwinds. The Office of the US Trade Representative identified 54 economies, including New Zealand, for failing to effectively ban goods made with forced labor, exposing the country to a potential 12.5% US tariff.However, the NZD’s downward momentum was capped by aggressive domestic monetary expectations following a hawkish outlook from the Reserve Bank of New Zealand (RBNZ). Markets are currently pricing in an 80% chance of a…
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A controversial remark ignited a national movement. Here’s how youth frustration in India could ripple into the rupee. Source link
The Inducement Indicator MT4 is designed to help with exactly that. By signaling when the market is likely to draw in impatient traders before reversing, it provides a tool to make more informed entries and exits. Traders can spot potential traps and avoid common pitfalls that lead to unnecessary losses. In this guide, we’ll break down how this indicator works, how to apply it in real trading scenarios, and how it compares to other tools to help you trade smarter. What the Inducement Indicator Is At its core, the Inducement Indicator MT4 identifies areas where price action is likely to…
Goldman Sachs is staying overweight equities over 12 months and advising clients to buy pullbacks, but warns that its risk appetite indicator at a four-year high raises the probability of near-term corrections. Before we go any further, this note from GS was out prior to the strong rally on Thursday, US time. -Summary:Goldman maintained an overweight stance on equities over a 12-month horizon, recommending investors use any near-term pullbacks as buying opportunitiesThe bank’s Risk Appetite Indicator has climbed above 1.2, its highest reading since 2021, which Goldman said historically correlates with lower near-term return averages and a higher risk of…
Thursday’s session saw equities climb on geopolitical optimism as the Dow hit record highs, while the U.S. dollar slid against most major currencies and crude oil extended its decline. Source link
The NZD/USD pair trades near the 0.5870 level on Friday, as the United States Dollar (USD) remains supported by cautious Federal Reserve (Fed) commentary and safe-haven demand amid ongoing uncertainty surrounding Iran.Kansas City Fed President Jeff Schmid said that inflation remains the biggest risk facing the US economy and raised the possibility that the Fed may need to consider higher interest rates if price pressure fails to return to target. Meanwhile, San Francisco Fed President Mary Daly reiterated that getting inflation back to 2% remains the central bank’s top priority, reinforcing expectations that policymakers will remain patient before considering rate…
Bank of England’s Gov. Bailey is on the wires saying:Markets have been orderly but stressed at times.The debt market leverage raises questions on vulnerability. The 10 year yield in the UK rose from a low of around 4.23% on February 26 to a high of 5.20% on May 18 – a gain of 97 basis points. Looking at the US, it yield moved from a low in early March of 3.92% to 4.687% or 76 basis points. The UK 10 year yield has a sense moved back down to 4.899% currently. The UK stock market is a modest 4.32% in…
Bob Savage highlights that the OECD now sees the Middle East conflict as the main driver of the global outlook, with surging energy and input prices lifting inflation and weighing on growth. The OECD cut its 2026 global GDP forecast and outlines time-limited versus prolonged disruption scenarios, warning inflation could rise notably under a prolonged shock while urging central banks to stay vigilant.OECD warns on energy-driven risks”The OECD has warned that the Middle East conflict has become the main driver of the global outlook, with energy and input prices surging since February, lifting inflation while weighing on real incomes and…
In January 2020, the term “prop firm” generated approximately 880 monthly global searches. By the second quarter of 2025, that figure had reached 49,500 – a 56-fold increase in five years. Search interest in the sector grew 607% between 2020 and 2024, a growth rate that substantially outpaces traditional retail brokerage over the same period. The industry is now estimated to be worth $20 billion globally, with over 2,000 active firms. What was a niche offering in 2019 has become a mainstream alternative to retail trading.The growth is not uniform or without friction. Between 80 and 100 firms exited the…