Author: FX

AUD/USD is hanging out near a key inflection point in the 4-hour time frame! Is the pair gearing up to extend a longer-term trend? Here’s what we’re seeing! AUD/USD 4-hour Forex Chart by TradingView The Australian dollar took a hit yesterday after Uncle Sam’s inflation report backed the Fed’s wait-and-see stance, reinforcing the higher-for-longer rate outlook and boosting demand for the U.S. dollar across the board. But that was yesterday. In the days ahead, global trade headlines and Australia’s upcoming jobs report could shift momentum back toward the comdoll. Remember that directional biases and volatility conditions in market price are…

Will Australia’s June labor market data reinforce the RBA’s decision to keep interest rates steady in July? Or will the numbers pile on to RBA rate cut calls by week’s end? Here’s what the markets are expecting from 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 Access access to MarketMilk™ Plus More! Source link

BHP says too costly to build Australian green iron industry as PM seeks China collaboration Source link

Canada’s consumer price inflation accelerated to 1.9% y/y in June from 1.7% in May, matching analyst expectations. Meanwhile, core inflation measures remained stubbornly elevated around 3%, effectively decreasing the chances of a Bank of Canada (BOC) rate cut at the July 30 meeting. Here are key points from June’s CPI report: Headline CPI rose 1.9% y/y in June (from 1.7% in May), 0.1% m/m Core CPI-median increased to 3.1% (from 3.0%), CPI-trim held at 3.0% 3-month annualized core inflation surged to 3.5%, a six-month high Durable goods inflation accelerated to 2.7% y/y amid tariff impacts Market odds of a July…

Markets were a mixed bag on Tuesday as inflation data, trade headlines, and adjusted central bank expectations stirred volatility across assets. Traders juggled soft Chinese retail numbers, a hotter-than-expected U.S. CPI, and Trump’s latest tariff moves while trying to make sense of where risk appetite was heading next. Here are headlines you may have missed in the last trading sessions! Headlines: Australia Westpac consumer confidence index for July: 0.6% m/m 93.1 (93.0 forecast; 92.6 previous) Nvidia will restart sales of a key AI chip to China, in a reversal of US restrictions China data dump China GDP for June 30:…

Heads up, Kiwi traders! New Zealand’s quarterly inflation report is lined up for release over the weekend, likely influencing RBNZ policy expectations and NZD direction for the next trading week. Here are the points you need to know about this top-tier release. 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 Access access to MarketMilk™ Plus More! Source link

U.S. consumer prices rose 0.3% in June, marking the largest monthly increase in five months and pushing the annual inflation rate to 2.7% from 2.4% in May. This acceleration exceeded expectations of a 2.6% annual headline inflation print and highlighted emerging pressures from trade policies, though core inflation still fell short of estimates on a monthly basis. Excluding food and energy costs, price pressures ticked 0.2% higher month-on-month versus the 0.3% forecast but the annual core reading still rose to 2.9%. Key Takeaways Headline CPI: +0.3% monthly (vs. 0.3% expected), +2.7% annually (vs. 2.4% prior) Core CPI: +0.2% monthly (vs.…

The Pinbar Detector MT4 Indicator is a technical tool designed to automatically scan your charts for pinbar patterns—candlesticks known for signaling market reversals. A pinbar has a small body and a long tail, usually appearing after a strong trend. This indicator highlights these candles with arrows or symbols, making them easy to see even in fast-moving markets. Traders no longer need to manually search for setups, which saves time and reduces emotional decisions. Why Pinbars Matter in Trading Pin bars are one of the most trusted reversal patterns used in technical analysis. They work because they show a clear rejection…

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: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

White House National Security Council hit by more departures, sources say Source link