Author: FX

Trump firing the head of the BLS after a poor jobs report was a major warning sign for the quality of upcoming economic data, but that’s not the only problem with non-farm payrolls right now.A fresh report is coming up this upcoming Friday and it’s a minefield. The main problem for traders is accounting for immigration. There is a compelling argument that the sharp drop in US immigration along with self-deportation and enforced deportation is having material impacts on the labor market. It’s extremely hard to model but the Fed’s Barkin this week said he envisions 0-50K monthly jobs as…

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The DiNapoli and Fibos MT4 Indicator is designed to merge two powerful trading concepts: Fibonacci retracements and Joe DiNapoli’s strategies. Fibonacci levels help traders understand where price may pause, reverse, or continue. DiNapoli’s methods refine these levels, giving them more precision in real-world trading. Together, they form a tool that not only maps out key support and resistance but also helps identify areas where traders can plan entries and exits with higher probability. How It Works in Practice When applied on a chart, the indicator automatically plots Fibonacci levels based on recent price swings. These levels are adjusted according to…

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Core PCE inflation remains under 3%, boosting the probability of Fed rate cuts to nearly 90% into year-end.Dovish Fed voices highlight a fragile labor market, and Barkin warns that inflation and unemployment trends remain concerning.Euro steadies despite NATO–Russia tensions, with traders eyeing US jobs data and upcoming Eurozone inflation prints.EUR/USD recovers on Friday as traders’ confidence rises that the Federal Reserve (Fed) will reduce interest rates after the release of the latest inflation report in the United States (US). At the time of writing, the pair trades at 1.1697, up 0.27%.Euro eyes 1.1700 as softer US inflation fuels confidence in…

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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: investingLive is not an investment advisor, investingLive provides references and…

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It was a back-and-forth day for US equities. The market liked what it saw in the US PCE report and that initially kicked off a rally but midway through trading it was erased. Later in the day, the bulls regrouped for a strong close. Tesla, Intel and Boeing were among the winners.The gains weren’t enough to erased the losses from the rest of the week but they blunted the decline which wasn’t bad given that the market priced out about 12 bps of easing in the year ahead.On the day:S&P 500 +0.6%Nasdaq Comp +0.4%DJIA +0.7%Russell 2000 +0.8%Toronto TSX Comp +0.1%On…

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