Author: FX

After a yuuuuge miss last month, traders will be watching Canada’s August jobs report to size up how dovish the Bank of Canada (BOC) might get compared to its commodity-currency cousins like the Reserve Bank of Australia (RBA) and the Reserve Bank of New Zealand (RBNZ). Expectations are running low, and the market wants to see if the numbers back up a softer policy stance or give the Loonie a reason to bounce. Here are points to note if you’re trading Friday’s event! This Article Is For Premium Members Only Become a Premium member for full website access,…

In case you’re AUD bullish but missed the AUD/JPY bullish channel breakout, you should check out this potential pullback opportunity to the former resistance! Are Aussie bulls just waiting to jump in on this retest? AUD/JPY 4-hour Forex Chart by TradingView The Aussie has been on a steady climb for the past weeks, busting through its descending channel resistance to signal a potential reversal from the earlier downtrend. After all, the Land Down Under’s latest CPI and GDP reports have surprised to the upside, weighing on market expectations for an immediate RBA interest rate cut. At the same time, rising…

The highly-anticipated August NFP report could shake things up in terms of Fed policy expectations, USD trends, and overall market sentiment. Are we about to see another disappointing print that could seal the deal for a September Fed rate cut? Here are the main points you need to know when trading this major catalyst. 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 gold rally carried on for yet another day in a row, as market uncertainty lingered and continued to boost demand for safe-haven assets. Meanwhile, bonds continued to sell off mostly on account of political jitters while crude oil took a hit on OPEC+ news. Check out the headlines and economic updates you may have missed in the latest trading sessions! Headlines: Wall Street Journal reported that Bessent is starting with Fed head interviews this week U.S. court ruled in favor of Google in landmark antitrust case, spurring rally in Alphabet shares and gains for equity futures Chinese President Xi…

Shares of ‘China’s Nvidia’, Cambricon, have been slammed more than 7% lower Chinese stock indexes are lower also, in the wake of the report authorities are to consider curbs on stock speculation. investingLive Exclusive 21m ago Source link

The Grucha Average Trend Line is a technical indicator that calculates average price movements and plots a line on the chart. This line acts as a visual guide, showing whether the market is trending upward, downward, or staying flat. Traders rely on this tool because it filters out market noise and focuses only on meaningful movements. It works well on multiple timeframes, allowing both short-term and long-term traders to apply it effectively. Trading with the Indicator When the Grucha line slopes upward, it usually signals a bullish trend, and traders often look for buying opportunities. On the other hand, when…

Kennedy picks seven new members for US CDC vaccine panel, document shows 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…

GBP/USD rebounds from 1.3332 lows 1.3442 as US Dollar slips after Tuesday’s sharp rally above DXY 98.50.US JOLTS report shows July job openings fell sharply, highlighting tariffs’ drag on hiring and manufacturing weakness.UK Services PMI jumps to 54.2, easing fiscal worries, while BoE officials stress inflation risks and policy caution.The GBP/USD advances during the North American session up by 0.39% following the release of economic data from the United States (US). Also, fears of the UK’s government being unable to meet its fiscal requirements eased on signs that the economy continued to fare well. The pair trades at 1.3442 after…

NASDAQ Composite rallies as Alphabet surges over 8% to new all-time high.Most Dow Jones stocks are in decline as Factory Orders fell 1.3% in July.JOLTS Job Openings for July also showed a notable downtrend.Markets look ahead with worries over Friday’s Nonfarm Payrolls for August.The NASDAQ Composite (IXIC) holds onto a 0.76% gain on Wednesday morning following Alphabet (GOOGL) winning an antitrust court case that will allow it to keep paying Apple (AAPL) for prominence on the iPhone, driving up the latter’s share price as well.Meanwhile, despite Apple’s 2.75% advance, most Dow Jones Industrial Average (DJIA) stocks are trading starkly lower,…