Author: FX

Morgan Stanley tips Fed for a dovish slam-dunk: three or more consecutive rate cuts coming Sees risks the Fed could cut rates more sharply than markets expect, potentially taking fed funds as low as 2.25% in 2025. investingLive Exclusive 32m ago Source link

Last September, the S&P 500 climbed 2% but that’s something of an outlier. Since the turn of the millennium, September is the worst month on the calendar for the index (by far).Now some of that is due to one-off events like the financial crisis hitting hard in September 2009 but it’s a historically bad month for stock markets by any measure. I attest some of that to the return of policymakers to work following the quiet summer period. They tend to make waves and not all of them are welcomed by markets. There is also a temptation to take profits…

PGIM Floating Rate Income ETF declares monthly distribution of $0.3155 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…

Sure, keeping score of your stats is awesome. But numbers are just gonna be numbers and they don’t really tell the whole story. If you’ve already caught yourself thinking that you’re doing something wrong over and over again but you don’t know what it is, maybe it’s time you start a psychological journal too! You know how the market has tendencies? Well, in the same way that it tends to react to market events and environments in certain ways, individual traders also have repetitive reactions and behavioral tendencies. However, we often overlook them and how they may be affecting our…

Spain’s manufacturing sector posts strong business activity in August, driven by improvements in output, new orders and employment. The headline reading is the highest since October last year. Of note though, the rate of inflation rose to its highest in five months but is still relatively modest when compared to historical highs. HCOB notes that:”Spain’s manufacturing sector is sending encouraging signals: the HCOB Manufacturing PMI has risen for the fourth consecutive month, underscoring the sector’s robust trajectory since the dip at the beginning of the year. Spain thus reaffirms its leadership role in the post-pandemic economic recovery of the euro…

Back to school: markets brace for September risks Source link

Low-rise jeans and boho maximalism aren’t the only things staging a comeback! USD/CHF is retesting a familiar trend line support that’s already kept sellers in check twice since July. Will the trend line hold again? Or will the third time be the charm for the bears? USD/CHF 4-hour Forex Chart by TradingView The U.S. dollar is set for a busy start to the month as traders eye labor data that could sway September rate expectations. Meanwhile, the Swiss franc may gain a little ground as safe-haven demand picks up on Fed policy and tariff uncertainty. Remember that directional biases and…

The Japanese Yen attracts some intraday sellers on Monday, though it lacks follow-through.The BoJ rate hike expectations and the global flight to safety limit deeper losses for the JPY.The divergent BoJ-Fed policy outlook further contributes to capping gains for the USD/JPY.The Japanese Yen (JPY) struggles to capitalize on its modest Asian session uptick and remains below mid-147.00s at the start of a new week. Geopolitical risks stemming from Russia’s sweeping attack on Ukraine and escalating Israel-Hamas conflict could offer some support to the safe-haven JPY. Adding to this, the growing acceptance that the Bank of Japan (BoJ) will hike interest…

This week’s ISM manufacturing PMI could set the stage for a big week of U.S. data, especially Friday’s jobs report. Forecasts see the index stuck in contraction, possibly fueling worries about manufacturing weakness spreading further. Traders are also on alert for its Fed policy implications, with Cook’s sudden firing adding even more uncertainty to the mix. Here are the points you need to know if you’re trading the 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…