Author: FX
With interest rates teetering just above negative territory, will the SNB pull the trigger on another cut this time? SNB head Martin Schlegel has recently been saying that the bar for negative interest rates is high, but data from the Swiss economy has still been falling short of expectations. Here’s what to look out for when trading this upcoming announcement. 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 Grucha Channel MT4 Indicator is designed to plot dynamic price channels on the chart. These channels move with market action, adjusting automatically to reflect the latest price behavior. Traders use these zones to identify overbought and oversold conditions, potential breakout levels, and areas where price may reverse. Unlike static support and resistance lines, the Grucha Channel reacts to changing conditions, making it more relevant for real-time trading. Why Traders Find It Useful Many traders appreciate how the indicator simplifies analysis. Instead of constantly redrawing lines or second-guessing where price might move, the Grucha Channel gives a visual framework that…
The OECD has upgraded its global growth forecast for 2025 to 3.2%, up from 2.9% in June, citing stronger-than-expected resilience in emerging markets, AI-driven investment in the U.S., and fiscal support in China. U.S. growth is now projected at 1.8% this year, above June’s 1.6% forecast, but still well down from 2.8% in 2024. Growth in 2026 is expected to slow to 2.9% globally and 1.5% in the U.S.The organisation cautioned that the impact of sweeping U.S. tariffs—now averaging nearly 20%, the highest since 1933—has yet to be fully felt. While front-loaded trade and investment boosted early 2025 performance, the…
NATO warns Russia to stop 'escalatory' actions after Estonian airspace violation Source link
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: investingLive is not an investment advisor, investingLive provides references and…
Manuel Milan/iStock Editorial via Getty ImagesTalks over a potential €1 billion ($1.2 billion) investment by Saudi Aramco (ARMCO) in Spanish energy company Repsol’s (OTCQX:REPYF) (OTCQX:REPYY) renewables business have reached a dead end, and there are no current plans to resurrect them, Reuters reported Tuesday. The Source link
EUR/USD steady on Tuesday after PMI releases showed slowing momentum on both sides of the Atlantic.US S&P Global Composite PMI eased to 53.6 in September, below forecasts but still above 50.Traders eye Fed Chair Powell’s remarks at 16:35 GMT after cautious signals from Bowman and Goolsbee.The Euro (EUR) is treading water against the US Dollar (USD) on Tuesday after preliminary Purchasing Managers Index (PMI) releases from both sides of the Atlantic showed slowing momentum, with EUR/USD steady as the Greenback holds firm on evidence that US private sector output continues to expand despite the loss of pace.At the time of…
Federal Reserve Bank of Atlanta President Raphael Bostic said on Tuesday he could eventually support shifting the central bank’s 2% inflation target to a range.Key QuotesNew Fed policy framework is valid in many different circumstances.I would be open to using an inflation target range.Could support a 1.75% to 2.25% inflation target range at some point down the road.Fed funds rate is the Fed’s primary tool for monetary policy.Should be concerned about inflation given how long it’s been above target.Tariff impact thus far is more muted on inflation than expected.Businesses are feeling cost pressures and limits to not passing them on.Expects…
US Federal Reserve (Fed) Chair Jerome Powell said that tariff increases will likely show up as somewhat higher inflation, while speaking on the economic outlook on Tuesday.Key takeaways:We will make sure a one-time increase in prices does not become an ongoing inflation problem.Reasonable base case is that tariff-driven inflation effects will be relatively short-lived.Disinflation for services continues; most long-term inflation expectations are consistent with the 2% goal.Goods price increases largely reflect tariffs, but not broader price pressures.12-month PCE inflation was probably 2.7% in August, and core PCE was 2.3%, both up from the prior year and driven by goods prices.Consumer…
The Australian Dollar (AUD) is moving cautiously on Tuesday, as markets await the release of the monthly Consumer Price Index (CPI) for August, scheduled on Wednesday at 01:30 GMT.In the run-up to this major event, AUD/USD is stabilizing around 0.6600 after last week’s correction from near 0.6700, amid growing monetary policy uncertainty.Traders are watching closely for signs of underlying inflationary pressure, beyond the base effects of electricity subsidies. A bullish CPI surprise could revive expectations of a prolonged status quo from the Reserve Bank of Australia (RBA), or even a return of upward risk to interest rates.Wider-than-expected inflationary pressuresThe consensus…