Author: FX
The USD/JPY pair extends the rally to around 156.85 during the early Asian session on Thursday. The Japanese Yen (JPY) weakens to a two-week low against the US Dollar (USD) amid concern over Japan’s fiscal health under Prime Minister Sanae Takaichi’s expansionary spending policy. Traders will closely monitor Japan’s snap elections scheduled for Sunday.Takaichi’s ruling Liberal Democratic Party (LDP) is expected to gain more seats in the national election as she seeks voter backing for increased spending, tax cuts, and a new security strategy. Her expansionary fiscal policies raise concerns about Japan’s fiscal outlook, due to fears of debt-funded spending, which drags…
Oil prices are falling after Iran’s foreign minister said talks will take place in Oman.That was followed by confirmation from Axios, which said that talks were put back on “after several Arab and Muslim leaders urgently lobbied the Trump administration on Wednesday afternoon not to follow through on threats to walk away,”A US official said they remain skeptical but will listen to Iran and that they were taking it to ‘be respectful’.Just three hours ago, the same Axios reporter put out news saying the talks were off. You have to wonder what’s going on here and if someone is playing…
Gold price retreats during the North American session on Wednesday, down more than 1% after reaching a three-day high of $5,091. A mixed market mood and modest US Dollar strength keep XAU/USD trading with losses at around $4,901 at the time of writing.XAU/USD pulls back from three-day highs as calmer geopolitics and resilient US data weigh on safe-haven demandThe yellow metal erased some of its earlier gains even though the latest round of US jobs data showed signs of weakness. At the same time, business activity in the services sector remained solid, yet showed mixed readings in the PMI’s sub-components…
AMD stock just posted blowout earnings but tanked 12% anyway. What’s going on? Advanced Micro Devices (NASDAQ: AMD) just gave us a perfect example of why earnings season can be so confusing for new traders. The chipmaker absolutely crushed expectations on Tuesday, February 3rd, reporting revenue of $10.27 billion versus estimates of $9.67 billion and earnings per share of $1.53 versus expectations of $1.32. That’s a massive beat on both fronts. So naturally, the stock dropped 12% the next day. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free…
Prior was +41K (revised to +37K)Goods +1K versus -3K last monthService +21K versus +44K last monthsmall business 0K vs +9K prior medium businesses +41K vs +34K last monthlarge businesses -18K vs +2K last monthWages for job stayers 4.5% vs 4.4% last monthWages for job changers 6.4% vs 6.6% last monthADP employmentSector changes. Education and health +74K vs +39K priorLeisure hospitality +4K vs +24K priorConstruction +9KFinancial activities +14K vs +6K priorProfessional business services -57K vs- 29K priorThat’s a grim breakdown with all kinds of white collar job losses and all the net employment going to government-adjacent fields.“Job creation took a step…
FedEx (FDX – Free Report) shares rallied 5.4% in the last trading session to close at $353.43. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock’s 12.7% gain over the past four weeks. Source link
The Boom and Crash MT5 indicator offers a specialized solution. Designed specifically for these volatility indices, it analyzes spike probability patterns and momentum shifts that precede major moves. Unlike generic forex indicators retrofitted for synthetic indices, this tool addresses the unique characteristics that make Boom and Crash trading both challenging and profitable. Understanding the Boom and Crash Indicator’s Core Function At its foundation, the Boom and Crash MT5 indicator tracks volatility clustering and tick volume anomalies specific to synthetic indices. While forex indicators measure price deviations from moving averages, this tool monitors the frequency and intensity of minor spikes—the small…
The Liquidity Indicator for MetaTrader 5 identifies zones where large volumes of pending orders cluster. Think of it as a heat map for institutional positioning. When banks place massive stop-loss orders or set limit orders to enter positions, they create liquidity pools. These pools act as magnets—price often gravitates toward them before making significant moves. The indicator displays these zones directly on charts, typically as horizontal levels or shaded areas. Green zones usually mark buy-side liquidity (areas with clustered stop losses above the current price or buy limit orders). Red zones indicate sell-side liquidity below the price. Here’s what makes…
There are just a couple to take note of on the day, as highlighted in bold below.They are both for EUR/USD and currently sandwiching the current spot price, with the expiries resting at 1.1800 and 1.1850. They’re not ones that tie to any technical significance but could act as bookends for price action in terms of any extensions we see during European morning trade later.The dollar continues to keep steadier on the week but more watchful eyes will be on USD/JPY instead, that especially as the pair continues to creep back up. After the speculated ‘rate checks’ at the end…
The EUR/USD pair trades on a firmer note near 1.1830 during the early European session on Wednesday. Nonetheless, the upside for the major pair might be limited as traders remain cautious after a partial government shutdown swiftly ended. Later on Wednesday, the preliminary reading of the Harmonized Index of Consumer Prices (HICP) from the Eurozone will be closely watched. The BBC reported that US President Donald Trump signed a bill to end a partial government shutdown that began on Saturday. The deal passed the US House of Representatives in a 217-214 vote earlier on Tuesday. This headline, along with Kevin Warsh’s nomination by…