Author: FX

As mentioned before, don’t hold your breath on meetings such as this one. It’s clear that China played this ace card as a way to control the narrative before the upcoming meeting between Trump and Xi in South Korea. That sets the tone for measured optimism and not for the Trump to bully his way out of this one.The EU and other countries are caught in the crossfire of it all and Beijing definitely knows that. However, that’s the price to pay as the trade conflict continues to brew between the US and China – no matter what “deal” they…

EUR/USD remains practically flat on Monday’s early European opening, trading at 1.1665 at the moment of writing. The pair bounced at 1.1650 earlier on the day, favoured by a somewhat brighter market mood, but weaker-than-expected German producer inflation data has crippled the pair’s frail upside attempts.Investors sighed with relief as US President Donald Trump acknowledged on Friday that raising tariffs on China to 100%, as he threatened two weeks ago, is unsustainable. Beyond that, US Treasury Secretary Scott Bessent confirmed that same day that he will meet Chinese Vice Premier He Lifeng this week, which suggests that the world’s two…

There are just a couple to take note of on the day, as highlighted in bold below.The first one is for USD/JPY closer to the 150.00 mark. The pair held a daily break under that on Friday and is now having to balance out the political developments in Japan to start the week. The LDP and Nippon Ishin look set to partner up and that paves the way for Takaichi to become the next prime minister. The end of political uncertainty is good news for the yen but Takaichi’s stance as a fiscal dove, not so much.The expiries above may…

Fresh off a week where regional banking jitters collided with trade war theatrics, we’re heading into arguably one of the most data-intensive stretches of October. Between inflation prints that could reshape Fed expectations, PMIs offering our first real pulse-check on global growth, and geopolitical chess moves from Washington to Beijing, there’s plenty to keep us on our toes. Here’s a rundown of the major themes driving the markets lately and what to look out for next. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term…

The Japanese Yen (JPY) recovers a major part of its Asian session losses against a broadly weaker US Dollar (USD), dragging the USD/JPY pair back closer to mid-150.00s in the last hour. Recent comments from Bank of Japan (BoJ) officials suggested that the central bank will stick to its policy normalization path and raise interest rates again by the year-end. Moreover, concerns about economic risks stemming from escalating US-China trade spat, a prolonged US government shutdown, and geopolitical tensions drive some safe-haven flows towards the JPY.Any meaningful JPY appreciation, however, seems elusive in the wake of renewed concerns about Japan’s…

China’s Q3 GDP growth slows to lowest in a year, backs calls for more stimulus Source link

The Kaufman Volatility MT4 Indicator measures the strength and intensity of price movements. It uses an adaptive calculation method that adjusts to market conditions, helping traders understand whether volatility is increasing or decreasing. Unlike simple volatility tools, this indicator offers a more responsive view of market behavior, allowing traders to recognize when momentum is picking up or slowing down. How It Works This indicator tracks volatility by analyzing price fluctuations over a set period. When volatility rises, it signals potential trend changes or breakout conditions. During low volatility periods, traders can expect consolidation or sideways movements. The Kaufman Volatility Indicator…

People’s Bank of China USD/CNY reference rate is due around 0115 GMT.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%. How the process works:Daily midpoint setting: Each morning, the PBOC sets a midpoint for the yuan against a basket of currencies, primarily the US dollar. The central…

The NZD/USD pair gathers strength to near 0.5730 during the early Asian session on Monday. The New Zealand Dollar (NZD) edges higher against the US Dollar (USD) after the release of consumer price inflation data. Later on Monday, traders will closely monitor China’s Q3 Gross Domestic Product (GDP), along with Industrial Production and Retail Sales reports for September. Data released by Statistics New Zealand on Monday showed that New Zealand’s Consumer Price Index (CPI) climbed 3.0% YoY in the third quarter (Q3) of 2025, versus 2.7% in Q2. This figure came in line with the expectation. The quarterly CPI inflation rose to 1.0% in Q3 from…

Steel Dynamics (NASDAQ:STLD) is scheduled to announce Q3 earnings results on Monday, October 20th, after market close. The consensus EPS Estimate is $2.63 (+28.3% Y/Y) and the consensus Revenue Estimate is $4.76B (+10.7% Y/Y). Over the last 2 years, STLD Source link