Author: FX

Tuesday’s jobs report could set the tone for NZD’s weekly performance, especially with the RBNZ already leaning dovish. What are traders expecting from the release anyway? Here are points to know if you’re planning on trading the event! 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

The Melbourne Institute’s monthly inflation gauge surged by 0.9% in July, marking the largest monthly increase in 19 months. On an annual basis, inflation rose to 2.9%, up from 2.4% in June, signalling renewed price pressures in the economy.Trimmed mean Australian +0.8% m/m in July, also the the most in 19 months—-At the margin this pushes back on Reserve Bank of Australia rate cut expectations. This data is not as widely regarded as the other inflation data though. Source link

The Alpha Trend Spotter PA is built to highlight bullish and bearish market phases with simple color-coded signals. It works by analyzing price action and applying a smooth trend-following algorithm to display the current trend clearly on your chart. Whether you’re trading forex, indices, or commodities, this indicator adapts to different assets and timeframes. For beginners and experienced traders alike, it removes the guesswork and makes trend spotting more straightforward. No Complex Setup or Clutter One of the best things about this indicator is its simplicity. It doesn’t overload your chart with confusing lines or too many alerts. It simply…

Over the weekend I posted on comments from head of the New York Federal Reserve, John Williams:ICYMI, Williams was asked, in an interview:To sum up then, if the data were to reveal itself over the next two months in a way consistent with what we’ve seen over the last few months, which I would characterize as some goods inflation filtering through, maybe not as much or as fast as people had thought, and the labor market that doesn’t appear to be getting any stronger, but again, hard to read because of changes in supply and demand. Would you be prepared…

Boeing's St. Louis union workers reject latest offer and will strike on Monday Source link

US President Donald Trump fired the head of the Bureau of Labor Statistics on Friday after getting jobs numbers he didn’t like. It’s an extremely concerning move for anyone hoping to trade based on reliable economic data. it’s also reminiscent of Argentina and various other despotic regimes and it’s never ended well.At some point, it’s going to be awfully difficult to trust the numbers but we will have to wait and see now long it takes to restructure the organization.The next non-farm payrolls report is September 5 and it will feature annual benchmark revisions for April 2024- March 2025. It’s…

The Bank of Canada’s July monetary policy decision delivered exactly what markets expected – a steady hand at 2.75%. At the time, traders also balanced the BOC’s data-dependent stance against a backdrop of wavering trade optimism and pre-FOMC positioning. Let’s examine which pairs from our watchlist made sense to move forward on, and how they performed in this environment of moderate conviction and mixed fundamental drivers: Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high quality discretionary trade idea before working on a risk & trade management plan.…

AI gains and strong earnings support Wall Street as tariff woes linger Source link

OPEC+ announced an oil production increase of 548,000 barrels per day for September. The move was widely expected after the group began taking bigger steps to unwind its production curbs over the summer. Initially, OPEC communicated an 18 month plan to slowly unwind production but it since stepped up the pace and now the entire 2.2 million barrels per day curb announced in 2023 is done.In addition, the UAE has been granted a higher baseline by 0.3 mbpd over the past six months.In the US, drilling rig counts have been tumbling in recent months with oil prices capped below $70…

The MA Lock MT4 Indicator is a trend-following tool to help traders identify strong and stable market moves. Instead of relying on a single moving average, this indicator blends multiple moving average lines into a “locked” channel that tightens during trends and widens during ranging markets. This locking mechanism makes it easier to see when the price trends or moves sideways. It’s simple, visual, and perfect for beginners or those looking for more reliable entries. How It Helps in Real-Time Trading When using the MA Lock Indicator, traders can quickly see the current trend direction. If the price stays above…