Author: FX

The weekly and monthly ADP reports have been pointing to a resilient and stable labour market. Their focus is on the inflation mandate now.For background, the NER Pulse is a weekly private-sector employment tracker launched in late 2025 by ADP Research in collaboration with the Stanford Digital Economy Lab. It serves as a high-frequency companion to the long-running monthly ADP National Employment Report (NER), which has delivered snapshots of U.S. private-sector hiring for nearly two decades and is built on anonymized payroll data covering more than 26 million U.S. employees, roughly one in six private-sector workers.ADP positioned the new release…

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The Japanese Yen (JPY) keeps drifting lower against the US Dollar (USD) on Wednesday. The USD/JPY pair ticks higher for the fourth consecutive day, reaching fresh one-month highs at 159.45, and nearing the key 160.00 level, considered the limit of tolerable Yen weakness for Japanese authorities.The market has ignored hawkish comments by Bank of Japan (BoJ) Governor Kazuo Ueda, who expressed his concerns about the second-round effects of inflation if the energy shock threatens wages, expectations, and price-setting behaviour. These comments support the view that the central bank will raise interest rates at its June 15 meeting. The positive impact…

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The Buyside and Sellside Liquidity Indicator for MT4 was built to map exactly those areas – the zones where resting orders cluster and where institutional players are most likely to push price before any significant move. Understanding how to read and trade these levels changes the way a trader sees price action entirely. What Is the Buyside and Sellside Liquidity Indicator? At its core, this indicator identifies two types of liquidity pools sitting in the market at any given time. Buyside liquidity refers to clusters of buy-stop orders resting above swing highs – placed by short sellers who set stops…

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For a few days, the talk of the town is an imminent “deal” between the US and Iran. One that is labelled as a “deal to put an end to the conflict”. While that sounds nice on paper, let’s once again be reminded of what this actually means. A quick summary:This deal represents a framework agreement/memorandum of understanding (MOU)It will set out the terms and preconditions for the next 60 days as further negotiations continueThe next step in talks will be trying to find a deal on nuclear discussions involving Iran’s uranium disposalThe US wants two things from this MOUFirst…

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Australia’s headline inflation rate eased more than expected in April, pulled lower by a government-driven cut to fuel excise. Headline CPI slipped from 4.6% year-on-year to 4.2% versus the 4.4% consensus as the monthly gain came in at 0.4% versus the 0.6% forecast. Beneath the surface, underlying price pressures actually ticked higher, as the trimmed mean CPI printed a 0.3% increase versus the expected 0.2% uptick. Key Takeaways Headline CPI (annual): +4.2% y/y — down from 4.6% in March 2026 Monthly CPI: +0.4% in original terms; -0.1% seasonally adjusted Trimmed mean (core inflation): +3.4% y/y — up from 3.3% in…

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The USD/JPY pair trades with a mild negative bias during the Asian session on Wednesday, though it remains close to a nearly four-week high touched the previous day. Moreover, the fundamental backdrop and the lack of follow-through selling warrant some caution before confirming that spot prices have topped out in the near term.Traders turn cautious amid speculations that Japanese authorities will step in again to prop up the domestic currency. Apart from this, Bank of Japan (BoJ) Deputy Governor Ryozo Himino’s hawkish comments on Tuesday, saying that the central bank ‌will consider the timing and pace of interest rate hikes…

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Even when a central bank does nothing, traders can still buy everything. It be like dat sometimes. Today, New Zealand’s central bank kept its key rate unchanged, but a divided committee and a Governor with something to say sent the New Zealand dollar sharply higher across the board. So… What Actually Happened? The Reserve Bank of New Zealand (RBNZ) just announced that it would leave its Official Cash Rate (OCR), basically New Zealand’s benchmark interest rate that helps anchor everything from home loans to currency prices, unchanged at 2.25%. On the surface, that sounds simple enough. No change, no drama,…

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