Author: FX

Winnebago Industries (WGO – Free Report) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $1.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.53%. A quarter ago, it was expected that this recreational vehicle maker would post earnings of $0.19 per share when it actually produced earnings of $0.19, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Winnebago, which belongs to the Zacks Building…

Federal Reserve Bank of Boston President Susan Collins said on Wednesday that the US economy is solid overall and added that the monetary policy is well-positioned, per Reuters.Key takeaways”Time for patience and care.””Supported Fed’s decision to hold steady on rates last week.””Tariffs likely to push up inflation, lower growth and hiring.””Expecting to see more tariff impact over coming months.””Expecting it to be appropriate to lower rates later this year but much depends on tariffs.”Market reactionThese comments failed to trigger a noticeable market reaction. At the time of press, the US Dollar (USD) Index was up 0.15% on the day at…

Headlines:Markets:NZD leads, JPY lags on the dayEuropean equities lower; S&P 500 futures flatUS 10-year yields flat at 4.296%Gold flat at $3,324.89WTI crude down 0.3% to $64.75Bitcoin up 0.8% to $107,021It was a quiet session as markets settle down to take a breather following the hustle and bustle from the Iran and Israel conflict. The geopolitical tensions have now faded into the background and we’ll be slowly turning back the focus on to trade issues and central banks again.As a reminder, we’re now just two weeks away from Trump’s supposed trade deadline of 9 July. Tick tock, tick tock.Major currencies were…

The T3 TRIX (ROC of T6) is a unique trend-following momentum indicator built on the Rate of Change (ROC) of a triple-smoothed exponential moving average. It’s specifically tuned to the T6 level of smoothing, which makes it more responsive than standard TRIX indicators while keeping false signals to a minimum. Unlike basic indicators, this one filters out short-term price spikes and shows traders when the trend is genuinely gaining strength or slowing down. How It Helps Traders Spot Better Entries and Exits This indicator simplifies decision-making. When the TRIX line crosses the zero level, it usually signals a potential trend…

Prior 88 This article was written by Justin Low at www.forexlive.com. Source link

The Australian Dollar extends gains due to the Israel-Iran ceasefire.Australia’s Monthly Consumer Price Index increased by 2.1% YoY in May, against the expected 2.3% rise and the 2.4% prior.Fed Chair Powell advocated for delaying rate cuts, likely until sometime in the fourth quarter.The Australian Dollar (AUD) extends its gains for the third successive session on Wednesday. The AUD/USD pair remains stronger following the release of Australia’s Monthly Consumer Price Index (CPI), which climbed by 2.1% year-over-year in May. The inflation came in softer than market expectations of a 2.3% rise and the 2.4% prior, easing after remaining consistent for three…

WTI crude oil is consolidating near a key support area! Are we looking at one of the best levels to enter its uptrend? Let’s take a closer look at the 4-hour time frame: WTI Crude Oil (USOIL) 4-hour Chart by TradingView Oil prices dropped hard to kick off the week as Middle East tensions cooled, and supply fears took a backseat. Iran’s response to the U.S. strikes was fairly restrained, and Trump called for lower oil prices, which helped tone things down. Sentiment settled further after he posted that China could go on buying oil from Iran. Meanwhile, the dollar…

The market spotlight remained on the Israel-Iran conflict and concerns about the ceasefire agreement being already violated. Still, some improvements in sentiment propped U.S. equity indices higher while crude oil continued to return its recent gains. Here are headlines you may have missed in the last trading sessions! Headlines: New Zealand Credit Card Spending YoY for May 2025: 2.2% (0.3% forecast; 0.5% previous) Germany Ifo Business Climate for June 2025: 88.4 (88.4 forecast; 87.5 previous) ECB official de Guindos says that underlying disinflation process has not been derailed at all ECB official Kazimir reiterated that they are at target when…

April 2025 monthly inflation CPI data from Australia, well under the expected and under the result from April. This supports a Reserve Bank of Australia rate cut at its next meeting (July 7 and 8). Comes in at 2.1% y/yexpected 2.3%, prior 2.4%for the m/m, comes in at minus 0.4%Trimmed mean is 2.4% y/y, a big shunt lower than from the 2.8% in Aprilexpected 2.5%, prior 2.8%—The next RBA meeting is on July 7 and 8, the consensus expectation is for a rate cut .***The monthly CPI data from Australia does not show all components of the CPI, that’ll have…

This tool is especially useful during volatile trading periods. Traders often use it during London or New York sessions, where major moves happen quickly. If a strange price move begins forming, the indicator will alert you early, giving you time to react before the crowd catches on. Scalpers, intraday traders, and even swing traders can benefit from this. Since the indicator highlights out-of-the-ordinary moves, it gives an edge when used with other tools. For example, if you’re already using support/resistance or a trend-following strategy, the Strange Indicator can confirm or warn you when price action gets “weird” around those levels.…