Author: FX

The Indian Rupee (INR) opens flat near Monday’s low at around 90.80 against the US Dollar (USD) on Tuesday. The USD/INR pair trades broadly stable as strong dollar demand by Indian importers continues to support the downside, while the upside remains capped amid fears of the Reserve Bank of India’s (RBI) intervention.The outlook of the Indian Rupee remains grim as the Indian stock market struggles to attract foreign investment despite the confirmation of a trade deal between the United States (US) and India.So far in February, Foreign Institutional Investors (FIIs) have remained net sellers, and have pared their stake worth…

After a“hawkish cut” event late last year, markets now expect the Reserve Bank of New Zealand (RBNZ) to keep policy steady in February. Our Event Guide for the February RBNZ decision notes that the New Zealand dollar could still see a pickup in volatility, particularly with updated economic projections on deck that may point to near-term Kiwi strength. If the RBNZ event comes across as bullish for the New Zealand dollar, we are watching NZD/CHF and GBP/NZD for potential follow-through. Source link

New Mexico approves comprehensive probe of Epstein’s Zorro Ranch Source link

NZD/CHF has formed what appears to be a head and shoulders pattern on its 4-hour time frame, so can it go for a reversal soon? Better keep your eyes on this neckline support! NZD/CHF 4-hour Forex Chart Faster with TradingView Kiwi traders seem to be positioning cautiously for the February RBNZ decision, capping the earlier rally on NZD/CHF and putting the pair back in consolidation mode. Price is hovering above the neckline support near the 200 SMA dynamic inflection point while waiting for stronger directional cues. Which way could it go from here? Remember that directional biases and volatility conditions…

Dollar positioning has reached its most negative level on record in Bank of America’s survey, reflecting broad expectations of US softness and potential Fed easing, with labour market risks seen as the main catalyst for further weakness.Summary:Investor positioning in the US dollar has fallen to its most negative level since at least January 2012.Net exposure to the greenback is at a record underweight in Bank of America’s latest survey.Short positioning exceeds previous bearish extremes, including last April’s lows.Concerns over Fed independence have eased, but this has not revived demand for the dollar.Survey respondents see further US labour market weakness as…

The Pull Back Indicator is designed to identify retracement opportunities within established trends. Unlike oscillators that simply show overbought or oversold conditions, this indicator focuses specifically on price pullbacks those temporary moves against the prevailing trend that often provide optimal entry points. Here’s the thing: most traders understand pullback trading conceptually but struggle with execution. They enter too early during initial weakness or too late after momentum resumes. This indicator attempts to solve that timing problem by analyzing price structure and momentum together, typically using a combination of moving averages and swing analysis to detect when a retracement is exhausting.…

GBP/JPY may be flashing an early reversal signal after its recent slide. The pair has bounced back above 209.00, and the Stochastic oscillator has triggered a bullish crossover from deeply oversold levels, often a sign that downside momentum is beginning to fade. While this doesn’t guarantee a trend shift, it does put the currency cross back on watch as traders assess whether buyers can build enough follow-through to challenge nearby resistance. Welcome to “TA Alert of the Day.” Each day after the market close, MarketMilk scans for popular technical indicator alerts. We use these alerts as the basis for a…

Commerzbank’s Lay and Lim discuss speculation that the PBoC may pivot toward using the overnight repo rate as its main policy tool, further aligning with the Federal Reserve’s framework. They note strong January credit growth driven by seasonal factors and front‑loaded government bond issuance.Policy pivot talk as Yuan firms”Speculation is mounting that the People’s Bank of China (PBOC) may pivot toward the overnight repurchase rate as its primary policy tool. This will further align its framework with the US Federal Reserve. This sentiment intensified after the PBOC’s latest monthly report prioritized money market developments over bond market analysis and introduced…

BHP Group’s first-half profit jumps 22%, topping estimates Source link

I’ve got four charts crossing the desk today that paint a complicated picture for the Fed and the USD. We have a specific sector falling off a cliff, broader resilience, a sentiment reset, and the one thing Jay Powell doesn’t want to see: inflation ticking back up.1. The Tech Sector is falling off a cliffGS chartFirst up, take a look at Tech-Related Information Employment.For the last two years, we’ve heard about “efficiency” and “AI integration,” but the headcount held up reasonably well through 2024 and most of 2025. We are seeing a massive purging of payrolls in data processing and…