Author: FX

Canada is scheduled to print its jobs report later this week, and market analysts are predicting a much slower pace in hiring. Will the numbers tip the scales in favor of more BOC easing? Here’s what to look out for in Canada’s July employment data. 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

Dollar weakness was the name of the game for the most part of the day, as the safe-haven currency was dragged lower by risk-taking and dovish Fed commentary. Meanwhile, crude oil caught early gains thanks to elevated geopolitical tensions before tanking sharply on reports of progress in US-Russia talks. Here are headlines you may have missed in the last trading sessions! Headlines: Japan Average Cash Earnings YoY for June 2025: 2.5% (3.1% expected, 1.4% previous) Japan LDP ruling party official Taro Kono called for higher BOJ interest rates, citing inflationary effect of yen’s weakness against the dollar Reports indicate Russian…

The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a “band,” around a central reference rate, or “midpoint.” It’s currently at +/- 2%.The previous close was 7.1836more to come Source link

The Harmonik Manual New Version MT4 Indicator is a user-friendly tool designed for traders who prefer manual pattern recognition but want to simplify the drawing process. It allows users to mark up potential harmonic structures directly on the chart using simple point-and-click features. Instead of guessing ratios or switching back and forth between charts and calculators, this indicator does the heavy lifting—showing the correct ratios, legs, and potential reversal zones (PRZ). Why Traders Like Using It Traders appreciate this indicator because it gives them full control. Unlike automatic harmonic indicators that may plot too many confusing or irrelevant patterns, this…

The major US indices are trading higher with Apple leading the way (for a change). Shares of Apple moved up over 5.10% after pledging $100 billion of additional investment in the US. That goes on top of $500 billion pledge earlier.In return, Apple products imported into the US from India will be exempt from tariffs.Shares later in the day were boosted by report that Pres. Trump would potentially meet with Russia’s Putin and Ukraine’s Zelenskiy as early as next week.Although major indices are higher, things were not so great for AMD shares which fell -6.42% after earnings yesterday beat expectations…

Bloomberg is reporting that the Trump administration is reportedly looking to sanction Moscow’s covert fleet of oil tankers and also sanction several entities that enable them to operate.Earlier today, Trump increased India’s tariffs to 50% (up 25%) as a penalty for importing Russian oil. The administration is looking to strangle Russia via its oil sales. At the same time, he is also sending the message to those how deal with Russia, that if you do, expect sharply higher tariffs on your exports into the US. That has helped to push oil up modestly. The price is currently up about $0.60…

Since our last report, US equities have corrected lower and stabilised as if the markets have adopted a wait-and-see position. Fundamentally there are a number of fundamental developments that could be of interest for the markets and some we are to discuss in today’s report, have a look for upcoming earnings reports and we are to conclude the report with a technical analysis of S&P 500’s daily chart.  Market expectations for a rate cut intensifyWe had a number of developments regarding the Fed since our last report. On Wednesday, the Fed’s forward guidance released with its interest rate decision tended to…

Prior -0.7%; revised to -0.3% This article was written by Justin Low at investinglive.com. Source link

The Fibo Pivot Candle Bar MT4 Indicator is a powerful combination tool that overlays Fibonacci-based pivot levels with candle bar signals. These pivot levels act as key price zones—places where the market is likely to react. Instead of manually calculating these levels, the indicator automatically plots them on your chart and matches them with visual candle clues, giving traders a strong edge. It’s especially useful for intraday and swing traders who want to stay ahead of sudden price shifts. Why It Matters for Traders This indicator isn’t just for show—it offers real-time feedback that can improve trade timing. Many indicators…

Commerzbank AG (OTCPK:CRZBF) (OTCPK:CRZBY) unveiled a buyback of as much as €1 billion ($1.2 billion) on Wednesday. “We have already applied to the European Central Bank and the German Finance Agency for our next share buyback of up to €1B,” CEO Bettina Source link