Author: FX
US President Donald Trump said on Tuesday that he is disappointed but not done with Russian President Vladimir Putin, per the BBC.This comment came after Trump announced plans to send weapons to Ukraine and warned of severe tariffs on Russia if Putin does not agree to a deal to end his invasion of Ukraine in 50 days.Trump also endorsed NATO and affirmed his support for the organization’s common defence principle, according to his interview from the Oval Office.Market reactionAt the time of writing, the US Dollar Index (DXY) is trading 0.13% lower on the day to trade at 97.98. US Dollar FAQs…
Analysts expect the U.K. to print softer inflation numbers for June, which would keep the Bank of England’s (BOE) easing plans on track. But our Event Guide for the June U.K. CPI also lays out the chance of a sell-the-rumor, buy-the-news move or even a hotter-than-expected report that backs the BOE’s more measured approach to easing. If the CPI report gives Sterling a lift, these GBP/USD and EUR/GBP setups could open the door to potential trades. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term…
Weaker than expected U.K. inflation could seal the deal for an August BOE rate cut (and more!) so I’m looking at these potential breakouts on GBP/AUD and GBP/JPY if this happens. Our Event Guide for the June U.K. CPI points out that the manufacturing and services sectors reported steep price declines for the month, supporting the odds of a downside surprise. 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
Markets came out swinging on Monday as traders digested Trump’s latest tariff threats and geared up for fresh inflation reads. With headlines flying and risk sentiment flipping like a pancake, price action got real choppy across the board. Here are headlines you may have missed in the last trading sessions! Headlines: U.S. President Trump threatened 30% tariffs on EU and Mexican goods from August 1 Australian PM Albanese pledged to work with China on excess steel capacity New Zealand Composite NZ PCI for June: 48.3 (46.0 forecast; 44.3 previous) New Zealand Services NZ PSI for June: 47.3 (45.6 forecast; 44.0…
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…
All eyes are on the U.K. June CPI release to see if the numbers can tip the scales in favor of a more dovish Bank of England (BOE) decision soon. Forecasts are pointing to subdued price pressures for the month, as the global tariffs drama is barely affecting the U.K. economy lately. Here’s what you need to know when trading this top-tier report. 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…
The Easy Trend Visualizer MT4 Indicator is a straightforward trend-following tool designed to help traders easily spot bullish and bearish market conditions. It works by overlaying colored signals directly on the chart, showing when the market is trending upward or downward. This clear visual feedback eliminates the need for guesswork or complex technical analysis, making it ideal for beginners and experienced traders alike. How It Works on the Chart Once applied to a chart, the indicator highlights trend strength using color-coded signals. Typically, green or blue colors suggest a bullish trend, while red or orange colors represent bearish conditions. The…
US imposes 17% tariff on Mexican tomatoes after withdrawing from agreement Source link
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…
China-based Hesai appeals ruling over US linking firm to Chinese military Source link