Author: FX

China’s consumer prices were flat y/y in July, as government efforts to rein in excessive competition offered some relief from deflationary pressures. Analysts caution that the path out of deflation will be long and may require stronger stimulus measures.Consumer Price Index (YoY) (July) 0.0%, no change from a year earlier, beating forecasts for a small declinea second month without negative readingsexpected -0.1%, prior +0.1%Consumer Price Index (MoM) (July) +0.4%expected +0.3%, prior -0.1% Producer Price Index (YoY) (July) -3.6%factory-gate prices continued to fallproducer price index down for the 34th consecutive month of producer deflationexpected -3.3%, prior -3.6%Authorities have launched a campaign…

Michelle Bowman is a Governor on the Board of the U.S. Federal Reserve and as such has a permanent vote on the Federal Open Market Committee (FOMC). Bowman citied the collapse in the US labour market in her reasoning arguing for three rate cuts from the Federal Reserve by the end of 2025. The July nonfarm payrolls report showed major downward revisions to prior months:Bowman was speaking at a bankers’ conference in Colorado Springs, on Saturday. The Wall Street Journal (gated) report:the apparent weakening in the labor market outweighs the risks of higher inflation to comeexpects to support three rate…

Trump and Putin to meet to discuss Ukraine peace deal in Alaska Source link

The Indicator Arrows MT4 Indicator is a helpful tool that shows buy and sell signals directly on your chart. Instead of digging through complicated indicators or interpreting patterns manually, traders can rely on colored arrows to guide them. A green arrow usually means it’s time to buy, while a red arrow points to a selling opportunity. It works with most currency pairs and timeframes, making it great for both beginners and experienced traders. How Does It Work? This indicator doesn’t guess—it uses built-in rules based on price movements and technical indicators. When certain conditions are met, the software draws an…

China's July consumer prices flat, factory-gate prices miss forecast Source link

These small data issues may not seem like a big deal, but they can throw off your testing results. An expert advisor (EA) might look like it’s making money, but it’s just reacting to fake or flawed data. On the flip side, a good strategy might look bad and get tossed aside. Traders end up confused, discouraged, and stuck in a cycle of testing, tweaking, and testing again—without real progress. Here’s the Solution: Strategy Tester Equalizer MT4 Indicator The Strategy Tester Equalizer MT4 Indicator is built to fix this exact issue. When added during strategy testing, it smooths out the…

XAG/USD up 0.24% on Friday, on track to end week over 3.5% higher.Price surged more than 6% since July 31 low at 50-day SMA of $36.20.Bullish harami pattern confirmed after breaching July 31 high of $37.26.Silver Price advances for the fourth time in the week, poised to end above $38.00 a troy ounce and close to weekly highs of $38.50 as traders prepare for the weekend. Broad US Dollar weakness across the board and increasing bets that the Federal Reserve might reduce rates at the September meeting, supported the grey metal advance.XAG/USD trades with daily gains of 0.24%, set to…

Well, well, well. If you thought markets would quietly digest last week’s jobs report disaster and move on, you clearly haven’t been paying attention to how 2025 rolls. This week was all about picking up the pieces from that brutal 73,000 jobs shocker while Trump kept the tariff drama cranked up to eleven. Monday brought the classic “bad news is good news” rebound as traders pivoted to “hey, at least the Fed will definitely cut rates now” optimism. But the entertainment kept coming. Trump escalated his tariff threats on India while keeping Switzerland’s 39% levy firmly in place…

Nasdaq posts record closing high with tech gains, rate cut optimism Source link

The US dollar is closing the day mostly higher. The one exception is a modest decline versus the GBP (which was the strongest currency this week). The Feds Musalem was more hawkish compared to other Fed members post the US jobs report. He is still concerned about the impact from tariffs on inflation good where they are.Other news today, Canada was weaker than expectations with a decline of -40.8 job vs expectations of 13.5K. The USDCAD moved higher on the news but the gains found some selling near the 100 hour MA at 1.3757For the trading day the markets were…