Author: FX

At the post-meeting press conference, Fed Chair Jerome Powell explained the decision to lower the Federal Funds Target Range (FFTR) to 4.00%–4.25% after the September meeting and fielded questions from reporters.Powell’s press conference takeawaysInflation has risen recently and remains somewhat elevated.Moderation in GDP growth largely reflects consumer spending slowdown.Payroll job gains have slowed significantly, reflecting lower immigration and lower participation.Labour demand has softened.Job gains are running below the breakeven rate.Inflation has eased from mid-2022 highs, but somewhat elevated.Total PCE prices likely rose 2.7% in August from a year ago, core PCE rose 2.9%.Inflation for goods has picked up, disinflation for…

Gold slips from record highs near $3,703 as traders await the Fed’s interest rate decision.Markets expect the Fed to cut rates by 25 bps, bringing the federal funds rate to the 4.00%-4.25% range.XAU/USD edges lower to near $3,670, with immediate support at $3,650 and resistance at $3,675-$3,700.Gold (XAU/USD) is taking a breather on Wednesday, slipping from record highs as traders shift their focus to the Federal Reserve’s (Fed) interest rate decision due at 18:00 GMT. The precious metal touched a fresh all-time high near $3,703 on Tuesday but has since eased, as investors book profits and reposition ahead of the…

USD/CAD snaps a two-day losing streak as the Canadian Dollar weakens following the BoC interest rate decision.The Bank of Canada cuts benchmark rate by 25 bps to 2.50%, citing weaker economy and softer inflation pressures.Traders turn attention to the Fed’s monetary policy decision at 18:00 GMTThe Canadian Dollar (CAD) trades on the back foot against the US Dollar (USD) on Wednesday after the Bank of Canada (BoC) cut its benchmark rate by 25 basis points (bps) to 2.50%, as expected. At the time of writing, USD/CAD is trading around 1.3757 during the American session, snapping a two-day losing streak.In its…

The Atlanta Fed GDPNow growth estimate for Q3 remain unchanged after today’s US housing starts and building permits data. In their own words:The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 3.3 percent on September 17, down from 3.4 percent on September 16. After this morning’s housing starts release from the US Census Bureau, the nowcast of third-quarter real residential investment growth decreased from -4.6 percent to -6.3 percent.The next GDPNow update is Friday, September 26. Please see the “Release Dates” tab below for a list of upcoming releases. Source…

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…

The Two Pole Butter Worth Filter MT4 Indicator is a smoothing tool that reduces unwanted market noise without sacrificing too much detail. Unlike regular moving averages that may lag or react too slowly, this indicator applies a special filtering technique to smooth the data more effectively. It is often used to identify short- to medium-term trends with greater accuracy, making it easier for traders to spot entry and exit points. How Traders Use It Traders rely on this indicator to cut through the chaos of market price movements. By applying it to their charts, they can see a smoother trend…

Australia’s August jobs report may land juuuuust as the BOC and Fed decisions are settling in, but the Aussie will still get its time under the spotlight. July’s strong numbers raised the bar, and August’s release could shift RBA rate cut expectations. Feeling like trading the event? Here are the points you should know first! 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

Canada’s annual inflation rate rose to 1.9% in August from 1.7% in July, coming in slightly cooler than the 2.0% economists were expecting ahead of the Bank of Canada’s (BOC) rate decision on Wednesday. The uptick was largely driven by gasoline prices falling less dramatically than in previous months, down 12.7% year-over-year compared to July’s 16.1% decline. The smaller decline reflects fading base effects from April’s carbon tax removal. Meanwhile, core inflation measures remained stubbornly elevated around the 3% mark, with CPI-median holding at 3.1% and CPI-trim dipping slightly to 3.0% – still well above the BOC’s comfort zone. Key…

Japan’s exports fell for a fourth straight month in August as higher U.S. tariffs weighed heavily on automakers and manufacturers. Exports to the U.S. plunged 13.8% year-on-year, the sharpest drop since early 2021, with automobiles down 28.4% and chipmaking equipment tumbling nearly 39%. Mizuho Research’s Saisuke Sakai noted that while some automakers have absorbed tariff costs by lowering export prices, others are now raising U.S. prices to pass costs onto consumers. He warned that combined with U.S. economic uncertainty, the tariff drag on Japan’s output will intensify into year-end.Overall exports slipped 0.1% y/y, a milder decline than expected, while imports…

The COG on MACD MT4 Indicator is designed to blend two powerful tools into one system. The COG works like a dynamic support and resistance zone, while the MACD highlights momentum shifts. When combined, they help traders spot potential reversals or confirm trend strength. This mix allows traders to filter out noise and focus on more accurate entries and exits. How It Works in Practice When the MACD shows momentum building in a certain direction, the COG levels give traders a visual guide of where the price may bounce or reverse. For example, if the MACD is signaling a bullish…