Author: FX

GBP/USD edges higher despite soaring UK borrowing as Dollar slips further The GBP/USD advances modestly during the North American session as the US dollar extends its losses for two straight days, despite data showing that UK government borrowing soared in June. At the time of writing, the pair trades at 1.3504 up 0.12%. Read More… Pound Sterling trades stable while focus shifts to flash UK/US PMI data The Pound Sterling (GBP) demonstrates stability against its major peers on Tuesday, with investors awaiting preliminary United Kingdom (UK) S&P Global Purchasing Managers’ Index (PMI) data for July, scheduled for release on Thursday.…

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EUR/JPY steadies as Japan and the EU brace for escalating tensions with the US.ECB rate decision serves as an additional catalyst for EUR/JPY.EUR/JPY consolidates above moving average resistance near 172.00.The Euro (EUR) is trading in a tight range against the Japanese Yen (JPY) on Tuesday as trade tensions between the United States and its key partners remain a central focus. With EU-US and US-Japan trade talks currently underway, EUR/JPY is trading near 172.00 at the time of writing.Japan and the EU brace for impact as the US tariff deadline nearsBoth Japan and the European Union are preparing for a significant…

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The Dow Jones was flat on Tuesday after the tech rally sputtered, dragging chip stocks lower.Trump continues his campaign against Fed Chair Powell.Investors fumbled their bullish stance as earnings season sees a few dark spots.The Dow Jones Industrial Average (DJIA) remains trapped in consolidation around the 44,400 region on Tuesday. Earnings week is in full swing, and a few key misses on Tuesday gave investors cause for pause, twisting a kink into the tech rally and dragging down key blue chips.United States (US) President Donald Trump still has a lot to say about Federal Reserve (Fed) Chair Jerome Powell. The…

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Trump: Powell will be out soonEurope cut the rates 10 times, we did zeroPeople aren’t able to buy houses because this guy is a numbskullPowell tried to cut rates just before the election to try to KamalaRates should be at 1%. And state we are paying 4%We are paying over $1 trillion of interest that we have to pay because rates are too highBessent:Called for an internal investigation of the FedThey should be cutting rates and right now. This article was written by Greg Michalowski at investinglive.com. Source link

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Fundamental OverviewCrude oil went into a more dormant state after the huge volatility experienced in June during the Israel-Iran conflict. As the market erased the geopolitical premium, traders switched their focus back to global growth. The expectations continue to be skewed to the upside given the expansionary fiscal and monetary policies. Looking ahead, we have the August 1 tariff deadline that might keep the markets more on the defensive, but it certainly wouldn’t be the first time that Trump postpones a deadline or tones down his threats. So, the probabilities are more skewed for positive outcomes.In fact, the risks for…

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The Euro appreciates further on a positive ECB Lending Survey and a softer US Dollar.The US Dollar has lost momentum on growing concerns about Trump’s tariffs.Fed Chairman Powell will speak on Tuesday amid pressures to resign from President Trump.The EUR/USD pair is posting marginal gains ahead of the US Session opening on Tuesday as the US Dollar retreats further with trade uncertainty growing. Meanwhile, a rather positive Lending survey from the European Central Bank (ECB), released earlier on the day, has provided additional support to the common currency.The Euro (EUR) has turned positive on the daily chart and returned above…

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The Cluster Box Vertical Cross Section of the Market MT4 Indicator visually breaks down where volume is building up across different price levels. It draws vertical “cluster boxes” on the chart, showing where most trades are taking place within a specific range. This helps traders see where buying or selling pressure is strongest. Each box gives a clear view of market interest, letting traders spot potential turning points more easily. Why It Matters in Real Trading Many indicators focus only on price movement, but this one adds volume data into the picture. That’s important because volume often confirms whether a…

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