Author: FX
The European Central Bank (ECB) kept interest rates unchanged at 2.00% on Thursday for a fifth consecutive meeting, signaling confidence in its inflation trajectory even as headline prices fell below the 2% target. President Christine Lagarde reinforced the message that monetary policy remains “in a good place,” while acknowledging a stronger euro could push inflation lower than currently projected. Key Takeaways ECB held deposit rate at 2.00%, main refinancing at 2.15%, marginal lending at 2.40% for a fifth straight meeting The decision was unanimous with no dissent on the rate hold Lagarde emphasized ECB “cannot be hostage to one data…
Taiwan teams with US firm Kratos to build attack drones to counter China Source link
EUR/CAD has been pacing back and forth between support at the 1.6100 major psychological mark and resistance around 1.6300. Is it due for another bounce this time? Better keep tabs on these inflection points on the 4-hour time frame! EUR/CAD 4-hour Forex Chart Faster with TradingView Weakening inflationary pressures in the eurozone have dragged EUR/CAD to the bottom of its range earlier this week, as traders braced for a potentially dovish ECB decision. However, the central bank still maintained interest rates as expected while assessing that the region’s economy remains resilient and that inflation should stabilize at its 2% target…
The Bank of England maintained its policy rate at 3.75% in a closely contested decision, with four members voting for an immediate cut. The divided vote and dovish guidance suggest mounting pressure for easing as inflation approaches target. Key Takeaways Policy Decision: MPC voted 5-4 to hold Bank Rate at 3.75%, with four members preferring a 25bp cut to 3.5% Inflation Outlook: CPI expected to fall sharply to 2.1% by Q2 2026 (down from 3.4% in December), driven primarily by energy measures from Budget 2025 Forward Guidance: Committee signals Bank Rate “likely to be reduced further” though “judgements around further…
The Golden Line MT5 Indicator is a trend-following tool that plots a dynamic line on price charts, adjusting its position based on recent price momentum and volatility. Unlike simple moving averages that just calculate average prices, this indicator weighs recent data more heavily and incorporates volatility measurements to adapt faster during trending markets while staying stable during consolidation. Think of it as a moving average on steroids—one that doesn’t just follow price but anticipates potential direction changes. The line itself changes color based on trend direction: typically green during uptrends and red during downtrends. This visual simplicity makes it appealing…
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade within a prescribed band around a central reference rate, or midpoint, set each trading day by the PBOC. The current trading band permits the currency to move plus or minus 2% from the official midpoint during onshore trading hours. Each morning, the PBOC determines the…
EUR/CAD is showing early signs of a momentum shift after spending several sessions in a subdued, oversold condition. While price has only nudged higher, the oscillator behavior is changing in a way that often gets short-term traders’ attention. This is the type of signal that can look “small” on the chart at first…until it either builds into a larger rebound or fails quickly and turns into a whipsaw. Welcome to “TA Alert of the Day.” Each day after the market close, MarketMilk scans for popular technical indicator alerts. We use these alerts as the basis for a mini-lesson, breaking down…
Amazon hits seven-month low after earnings miss”Amazon’s earnings miss has capped a torrid day for global markets, one which has seen bitcoin’s slump deepen and silver prices renew their falls. The retail giant failed to hit expectations, and this was compounded by news that it plans to exceed Alphabet’s planned spend for next year, throwing $200 billion at the AI race.””Stock markets are in no mood for such misses from one of the biggest names around, and coming hard on the heels of Alphabet’s numbers yesterday, these figures seem to set the stage for more tech weakness. But the losses…
Markets delivered a sharp risk-off session on Thursday as almost all major assets suffered steep decline alongside cryptocurrencies, while the U.S. dollar rebounded to finish as the best performing major asset and currency despite deteriorating labor market data showing job openings at their lowest level since 2020. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: Australia Balance of Trade for December 2025: 3.37B (4.9B forecast; 2.94B previous) Germany Factory Orders for December 2025: 7.8% m/m (-4.2% m/m forecast; 5.6% m/m previous) France Industrial Production for December…
US dollar hits two-week high, pound slumps after BoE holds rates Source link