Author: FX
The U.S. dollar has been giving up ground to the yen even with all the political drama in Japan. Will a key technical support zone stem USD/JPY’s losses? Let’s zoom in on the 4-hour chart: USD/JPY 4-hour Forex Chart by TradingView Weak August jobs data and growing talk of a Fed rate cut have NOT helped the U.S. dollar, which started the week on shaky ground against the majors. The yen isn’t faring much better, with PM Ishiba’s weekend resignation stirring up leadership uncertainty and weighing on the currency. Still, with traders eyeing the U.S. CPI, some profit-taking could show…
The ECB is on deck this week, and just about everybody and their momma thinks the central bank will keep its policies steady in September. Our Event Guide for the September ECB Statement notes that the statement and press conference could still lean a little more hawkish than traders have priced in. If the event gives the euro a boost, setups in pairs like EUR/CHF and EUR/GBP could turn into interesting trading opportunities. 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…
Amnesty says Pakistan spying on millions through phone-tapping, firewall Source link
The ECB is widely expected to keep interest rates unchanged in their upcoming policy decision, possibly triggering a “buy the rumor, sell the news” dip. Our Event Guide for the September ECB Statement points out that a neutral statement could simply lead to quick profit-taking amid the broader euro uptrend. Can EUR/JPY and EUR/NZD stay above these areas of interest? 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 ECB monetary policy decision is coming up soon, and market players are keen to find out if the central bank still has any surprises up its sleeve. Expectations are for ECB head Lagarde and her fellow policymakers to keep rates on hold for the time being, especially since trade-related concerns have been fading. Here are the points you need to know when trading this event. 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…
Markets kicked off the week with cautious optimism despite political turmoil in Japan and France, as risk appetite held firm on Fed rate cut expectations. Gold hit record highs while the dollar stayed on the defensive, setting the tone ahead of Thursday’s US CPI report. Check out the headlines and economic updates you may have missed in the latest trading sessions! Headlines: Japanese Prime Minister Shigeru Ishiba resigned on Sunday following LDP’s election losses Japan GDP Growth Rate Final for Q2 2025: 0.5% q/q (0.3% q/q forecast; 0.0% q/q previous); 2.2% y/y (1.0% y/y forecast; -0.2% y/y previous) Japan GDP Price…
Australia August 2025 business conditions 75 in July7 is the long run average for this measureBusiness confidence 4vs. 8 in July4 is close to the long run trend for thisSome of the sub measures:business sales unchanged at +12 in Augustprofitability up 2 points to +4employment rebounded up 3 points to +6forward orders up a point to +1, the first move into positive territory in two yearsprice indicator, purchase costs, running at a quarterly rate of just 1.1%, the smallest increase since 2021quarterly growth in retail prices halved to 0.5%labour costs to 1.5%, from 1.9%National Australia Bank comments:”Regions and industries in…
The Bears Bulls Impuls MT4 Indicator is designed to measure the momentum of both buyers (bulls) and sellers (bears) in the market. By showing the tug-of-war between these forces, it helps traders determine which side is currently stronger. When bulls dominate, traders can look for buying opportunities, and when bears take control, short positions become more attractive. This makes it a valuable tool for anyone wanting to improve trade timing and reduce guesswork. Why This Indicator Matters Many traders rely solely on price action, but this can sometimes be misleading without confirmation of underlying momentum. The Bears Bulls Impuls MT4…
Federal Reserve governor nominee Stephen Miran is set for a Senate Banking Committee vote on Wednesday, a step that could allow him to join the Federal Open Market Committee (FOMC) September 16–17 policy debate on rate cuts. Miran, currently serving as a White House economic adviser, was tapped by President Trump to replace Adriana Kugler, whose board term runs until January 2026 but has been vacated early. -Miran’s confirmation would tilt the Fed’s September debate more dovish, reinforcing market expectations for rate cuts. That backdrop may weigh on the USD and support Treasuries, though investors will watch the Senate vote…
Costco Wholesale Corporation (COST) reported a robust financial performance for its fourth quarter of fiscal 2025 with net sales reaching $84.4 billion, an 8% increase from $78.2 billion last year. This growth was supported by strong comparable sales gains across multiple regions and a notable contribution from e-commerce channels. Comparable sales for the quarter rose 5.7%, reflecting a 5.1% gain in the United States, a 6.3% increase in Canada and a solid 8.6% rise in other international markets. When excluding the impacts of changes in gasoline prices and foreign exchange, total comparable sales rose 6.4%. Canada led with an 8.3% increase,…