Author: FX
Australia shed 15,800 jobs in July, which at first glance looked like a clear sign that the labor market was cooling. But the headline missed an important detail: full-time employment actually rose by 16,300, while part-time employment fell by 32,200 and the unemployment rate ticked up to 4.5%. In other words, July looked more like a reshuffling of the job market than a broad-based slowdown. This distinction matters for both the Australian dollar and what the Reserve Bank of Australia (RBA) does next. So What Did the Report Actually Say? The Labour Force Survey put total seasonally adjusted employment at…
Why gold and Bitcoin surged together: What Treasury buybacks teach investors about dollar debasement !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
EUR/AUD just busted through a mid-range consolidation! Will the bulls power through, or will the bears step in for another rejection? Source link
GBP/AUD is eyeing potential upside, as Australia’s employment figures fell short while U.K. CPI and jobs beat estimates. Take a look! Source link
Gold is struggling around the $4,500 level in Asia on Thursday after reaching the highest level in 11 weeks at $4,528 in early dealings. Gold’s bullish bias remains intact ahead of US jobs dataGold refreshed two-month highs above $4,500 as Asian traders returned to their desks and reacted positively to the United States (US) Treasury’s rescue plan announced on Wednesday, after longer-dated Treasury yields shot through the roof and roiled the bond markets.The US Treasury announced that it will double buyback sizes for 10- to 30-year Treasury debt securities to at least $4 billion per operation.The increase from the previously planned…
The MT4 Non Repaint Reversal Indicator is a technical analysis tool designed to highlight possible bullish and bearish reversals on a MetaTrader 4 chart. Depending on the specific version, it may display arrows, dots, lines, or other visual markers when its reversal conditions are met.The key feature is the non-repainting behavior. Once a signal appears on a closed candle, the indicator should not move that historical signal to another candle simply because later market data changes. That distinction matters when traders review past setups.Most reversal indicators work from combinations of price behavior, momentum, volatility, and recent highs or lows. A…
A surprise Treasury buyback, not any Sunday lane, ran the week: the dollar hit a three-month low and gold and Bitcoin broke out. Lanes re-scored, levels rolled. Source link
Silver (XAG/USD) price reversed course on Wednesday and soared over 5% as US Treasury yields edged lower, following the US Treasury stepping in to cap long-end US bond yields, which had reached levels last seen in 2007. At the time of writing, the XAG/USD pair trades at $66.68 after bouncing off daily lows of $62.19.XAG/USD Price Forecast: Technical OutlookIn the short term, the trend is upward, but it has entered a phase of consolidation between $62.00 and $66.50. If buyers reclaim the top of the range, this clears the path to challenge higher prices.Momentum remains bullish, as indicated by the…
Markets snapped a defensive streak on Wednesday after the U.S. Treasury said it would at least double the size of its long-end bond buyback operations, a surprise move that pulled Treasury yields down, sent the dollar to a three-month low, and lit a broad rally across equities, gold, and bitcoin. The greenback finished as the worst-performing major on the day, while the July FOMC minutes showed several officials had favored a rate hike last month. Check out the forex news and economic updates you may have missed in the latest trading session! News Headlines & Data: Broad Market Price Action:…
Precious metals surge after surprise US Treasury announcement to support longer-dated securities !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link