Author: FX
At the usual post‑meeting press conference, Fed Chair Jerome Powell outlined why policymakers chose to keep the federal funds rate at 4.25%–4.50% following July’s meeting and took reporters’ questions on the decision.Powell’s press conference takeawaysEconomy is in a solid position.Inflation is somewhat above target.Believe the current stance of policy leaves us well positioned to respond in a timely way.Moderation in growth reflects a slowdown in consumer spending.Activity in the housing sector remains weak.Unemployment is low and has remained in a narrow range.Wide set of indicators suggests the job market is near maximum employment.Expects PCE up 2.5% and Core up 2.7%…
EUR/USD trades near 1.1475, its lowest level since June 23, marking a fifth straight daily decline.The Euro is pressured by a strong US Dollar and robust US economic data.US ADP jobs data beats forecasts, showing 104K job gains in July, reversing the prior month’s contraction.The Euro (EUR) is on the back foot for a fifth straight day against the US Dollar on Wednesday, weighed down by a stronger Greenback and ongoing concerns over the recently announced US-EU trade deal, which many investors see as skewed in Washington’s favor. The Euro remains under pressure as attention turns to the Federal Reserve’s…
Tradeweb Q2 2025 slides: Revenue jumps 26.7% as market share expands Source link
Prior -15.3Economic sentiment 95.8 vs 94.5 expectedPrior 94.0; revised to 94.2Industrial sentiment -10.4 vs -11.0 expectedPrior -12.0; revised to -11.8Services sentiment 4.1 vs 3.3 expectedPrior 2.9; revised to 3.1 This article was written by Justin Low at investinglive.com. Source link
The Wedge Pattern MT4 Indicator is a smart tool designed to spot rising and falling wedge formations directly on your MetaTrader 4 charts. A rising wedge usually points to a possible bearish reversal, while a falling wedge suggests a bullish breakout. These patterns are often missed by beginners, but this indicator makes them easy to spot by drawing clear trendlines and highlighting potential breakout zones. Traders don’t need to guess or draw anything manually—it’s all visual and automatic. Why Wedge Patterns Matter in Trading Wedge patterns often show up before big price moves, making them valuable for swing and short-term…
AUD/USD has pulled back to a verrrry interesting chart level! Will this retracement draw in enough buyers to extend the pair’s longer-term trend? Here’s what’s up on the 4-hour time frame: AUD/USD 4-hour Forex Chart by TradingView AUD/USD had been grinding higher since April as trade war fears faded and the Greenback lost some shine. But that momentum hit a speed bump this week with renewed dollar demand knocking the Aussie lower. Traders are keeping close tabs on the U.S.-China trade talks and any dovish vibes from the Fed. If risk appetite picks up, commodity currencies like the Aussie could…
Powerful quake in Russia's far east causes tsunami, Japan and Hawaii order evacuations Source link
Bank of Japan’s decision wraps up a whirlwind week of central bank action, coming right on the heels of the Fed and the Bank of Canada. What are traders expecting, and how might JPY react to the event? We have the points you need to know if you’re trading the release! 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 major assets moved cautiously on Tuesday as traders weighed a mix of economic data, corporate earnings, and geopolitical headlines. With major central bank decisions on deck, sentiment remained tentative across risk assets. Here are headlines you may have missed in the last trading sessions! Headlines: Euro Area ECB consumer inflation expectations for June: 2.6% (2.9% forecast; 2.8% previous) U.K. mortgage lending for June: 5.34B (0.8B forecast; 2.05B previous) BOE consumer credit for June: 1.42B (0.87B forecast; 0.86B previous) U.K. mortgage approvals for June: 64.17k (62.0k forecast; 63.03k previous) U.K. net lending to individuals for June: 6.76B (4.1B forecast; 2.9B…
Australia’s headline inflation rate fell to its lowest point in over four years during the second quarter, strengthening RBA rate cut expectations for the month. The Consumer Price Index rose 2.1% year-over-year in the June 2025 quarter, down from 2.4% in the previous period and below the 2.2% consensus forecast. On a quarterly basis, inflation slowed to 0.7%, undershooting the 0.8% expectation and marking a deceleration from the 0.9% recorded in Q1 2025. Key Takeaways Headline inflation at 2.1% annually – lowest reading since March 2021 and within the RBA’s 2-3% target range Quarterly inflation of 0.7% – below the…