Author: FX
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: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…
The Atlanta Fed GDPNow growth estimate for Q2 comes in at 2.5% vs 2.9% last. In their own words:The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 2.5 percent on July 1, down from 2.9 percent on June 27. After this morning’s releases from the US Census Bureau and the Institute for Supply Management, the nowcasts of second-quarter real personal consumption expenditures growth and real gross private domestic investment growth decreased from 1.7 percent and -11.1 percent, respectively, to 1.5 percent and -11.9 percent.The next GDPNow update is Thursday, July…
GBP/USD slips 0.07% after hitting 1.3788; stalls just shy of psychological 1.3800 level.US JOLTS job openings hit 7-month high; ISM manufacturing improves slightly but remains in contraction.BoE’s Bailey signals softening labor market; UK Manufacturing PMI holds steady at 47.7.The Pound Sterling (GBP) loses ground versus the US Dollar after hitting a new three-year peak of 1.3788, just shy of the 1.3800 figure. Economic data from the United States (US), along with dovish comments of the Bank of England’s (BoE) Governor Bailey, exerted downward pressure on the pair. The GBP/USD trades at 1.3721, down a minimal 0.07%.Sterling retreats to 1.3721 after…
The Euro rose to 1.1830, its highest level since September 2021, before easing slightly.Eurozone CPI hits 2.0%, matching ECB’s target, core Inflation steady at 2.3%.US ISM PMI and JOLTS Job Openings beat forecasts, lifting the US Dollar Index.The Euro (EUR) edges modestly lower against the US Dollar (USD) during the American session on Tuesday, after briefly rising above the 1.180 mark earlier in the day, its highest level since September 2021. The Euro found support from signs that inflation in the Eurozone is stabilizing, boosting investor confidence in the region’s economic outlook.At the time of writing, EUR/USD is hovering near…
USD/CAD rises as Fed Powell’s comments at the ECB Forum raise expectations of a rate cut in September.Fed Chair Powell: “As long as the US economy is in a solid shape, the prudent thing to do is wait.”The US ISM Manufacturing PMI and JOLTS job data beat expectations, reflecting a more resilient US economy.The Canadian Dollar (CAD) is edging lower against the US Dollar (USD) on Tuesday, as traders digest the latest remarks from Federal Reserve (Fed) Chair Jerome Powell. Central bank speakers gather at the European Central Bank (ECB) Forum in Sintra, Portugal, providing insight into monetary policy.As of this…
Blow for Thailand's government as court suspends PM from duty Source link
Negative interest rates are an option.We have all the required instruments, even with zero interest rates.They’ve been talking about negative rates and intervention for a long time but never walked the talk. The Swiss Franc remains incredibly strong in the meantime. This article was written by Giuseppe Dellamotta at www.forexlive.com. Source link
Bank of Japan’s (BoJ) new board member Kazuyuki Masu said on Tuesday, he would “want to scrutinize how prices move after recent spike in price of rice moderates.”Additional quotesDon’t have any strong disagreement to the BoJ’s view underlying inflation is still short of 2%.Automobiles are mainstay of Japan’s export to the US, so should not have any pre-set idea on impact on Japan’s economy until trade talks with the US resolved.Recent economic conditions suggest we’re not in a state where the BoJ can rush into raising interest rates and must move cautiously with close eye on various data.Many Japanese firms…
Xiaomi's YU7 car buyers face year-long wait for delivery, sparking complaints Source link
The Diapazon MT4 Indicator helps traders visualize price zones where the market tends to bounce or stall. It draws upper and lower range lines based on recent price behavior, making it easy to identify where the price is likely to move next. These lines act like invisible walls, showing traders the boundaries where price might reverse or break out. It’s especially useful during sideways markets, where trends are hard to find but range trading can be profitable. How It Helps in Real Market Conditions This indicator is great for spotting consolidation phases. When price keeps bouncing between the upper and…