Author: FX
Australia Wage Price Index Q2 2026 3.2% y/yexpected 3.2%, prior 3.3%0.8% q/qexpected 0.8%, prior 0.8% Some background here at the preview. This article was written by Eamonn Sheridan at investinglive.com. Source link
With the rate hike debate heating up again for the RBA, will a strong jobs report continue to fuel tightening hopes? Here’s what to look out for. Source link
The Hurst Cycle Indicator MT4 is a technical analysis tool based on the idea that financial markets can show recurring price cycles. Instead of focusing only on whether price is moving up or down, it attempts to identify the rhythm between potential highs and lows.The Hurst approach comes from cycle analysis associated with J.M. Hurst. In practical trading, the concept assumes that several market cycles can operate at the same time. A shorter cycle may create minor swings inside a larger cycle, while the longer cycle can influence the broader market structure.Different MT4 versions may calculate and display Hurst cycles…
The Aussie Dollar reversed its course against the Greenback on Tuesday as investors remain uncertain of the outcome of the Middle East conflict, which tends to push energy prices higher, increasing the likelihood that major central banks would need to tighten monetary policy. The AUD/USD trades at 0.7080 after reaching a high of 0.7119.AUD/USD Reverses as Iran Risks Lift Dollar Before Fed MinutesThe US-Iran conflict is making headlines. Recently, CNN, citing a US official, reported that Trump instructed senior officials to stop talks with Iran. Trump also confirmed that the US Navy blockade is still active, while US data was…
Markets leaned defensive on Tuesday as a selloff in chipmakers dragged equities lower and long-dated bond yields held near multi-year highs, keeping the focus on inflation and rising government debt. The U.S. dollar recovered from repeated intraday dips to finish arguably the strongest major on the day, while gold slid sharply and oil settled near $85 with the Strait of Hormuz standoff still unresolved. Check out the forex news and economic updates you may have missed in the latest trading session! News Headlines & Data: Australia Westpac Consumer Confidence Change for August 2026: 6.0% (-2.6% forecast; 4.1% previous) U.K. Employment Change for…
UAE halts all trade and financial dealings with Iran, MoFA official says !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD rebounded after a sharper-than-expected drop to 1.2752, easing immediate downside pressure and pointing to intraday consolidation between 1.2760 and 1.2795. However, the 1–3 week view still sees the risk for the US Dollar (USD) on the downside, with scope for a move toward 1.2740 while resistance is capped near 1.2810.Dollar seen consolidating before next leg”24-HOUR VIEW: USD fell to a low of 1.2775 last Friday. When it was at 1.2790 in the early Asian session yesterday, we highlighted the following: “The slight increase in downward momentum…
UK unemployment held at 4.9% in April to June 2026, missing the 4.8% market forecast. The data comes from a new Office for National Statistics release. The headline disappointed traders hoping for a dip. Wage growth beat forecasts, the Claimant Count fell to a year-long low, and redundancies hit their weakest reading since July 2025. UK Jobs Report August 2026: Key Takeaways Unemployment rate: 4.9% in April to June 2026; missed the 4.8% forecast; up 0.2 percentage points year-over-year; down 0.1 percentage points on the quarter Regular wages (ex-bonuses): +3.5% year-over-year in April to June; beat the 3.4% forecast; private…
Trump says there are no talks going on, or scheduled, with Iran; US naval blockade remains in full force !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
Geopolitics remained at the forefront over the summer, and the war between the US and Iran continues with few signs of reconciliation. As a result, energy prices have gained renewed momentum, and the oil price has approached USD90 per barrel. The warm summer has also left its mark on the European gas market, where storage levels are at record lows. This has pushed the gas price above EUR60/MWh. Combined with a European economy that has proved surprisingly resilient, this has pushed European rates higher. The long end of the yield curve has also been lifted by renewed focus on the…