Author: FX

Robert Redford, screen idol turned director and activist, dies at 89, New York Times reports Source link

Fundamental OverviewThe USD came under renewed pressure last Thursday following an in-line US CPI report and surprisingly weak initial jobless claims. The jobless claims data stole the show as initial claims jumped to a new cycle high and the highest level since 2021. Eventually, it turned out that the spike in initial claims was caused by an increase in fraudulent claim attempts in Texas. Therefore, in light of this new information, jobless claims still point to a resilient labour market and the fall in continuing claims could actually be an early signal of improvement.Overall, if one zooms out, the US…

Expectations are running pretty high for the Fed to cut interest rates in this September meeting, so market watchers seem more keen to find out if further easing is in the cards. Or are we about to see a less dovish surprise? Here are the points you need to know when trading this highly-anticipated FOMC decision. 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

The main item on the economic calendar in Europe today will be the UK labour market report. We will be getting payrolls for August alongside the jobless rate and wages data for July. At the balance, UK labour market conditions have been slowing down but at a more gradual pace. Wages are also seen easing but overall, the BOE still has to strike a balance between all of that and more stubborn inflation pressures in the meantime.When looking into the data later, the usual caveat applies in that the ONS is still striving to improve on data accuracy. That has…

Market expectations for a Bank of Canada rate cut have been baked in for a while now, but what if the central bank delivers a hawkish announcement? Our Event Guide for the BOC Decision notes that inflation-related indicators are still pointing to sticky price pressures, supporting the case for a possible hold. Here’s what I’m watching on CAD/CHF and NZD/CAD if this happens. 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™…

Bitcoin turned lower (again) from the $117,000 zone! Will this lead to deeper pullbacks for the OG crypto? We’re zooming in on BTC/USD’s 4-hour uptrend for clues! Bitcoin (BTC/USD) 4-hour Chart by TradingView Bitcoin’s had a solid September, climbing off the $107,000 lows and making its way back toward the $117,000 neighborhood. But the $117,000 ceiling is proving sticky, and with traders already factoring in Fed rate cut hopes, the OG crypto looks exposed to deeper technical pullbacks. Remember that directional biases and volatility conditions in market price are typically driven by fundamentals. If you haven’t yet done your homework…

Everybody and their momma expect the Bank of Canada (BOC) to reduce interest rates this week! But our Event Guide for the September BOC Monetary Policy Decision suggests that the move may be widely priced in, leading to muted dovish reaction for the Canadian dollar. If Gov. Macklem and his team confirm a less dovish easing trajectory, EUR/CAD and CAD/JPY’s setups might provide opportunities for Loonie traders: 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…

The Display Ask Bid MT4 Indicator is designed to show the current bid and ask prices clearly on the trading chart. Instead of switching between different windows or relying on the default platform display, traders can view both values instantly. This makes it easier to track price movements and understand the spread. For new traders, this feature is especially helpful since it simplifies how the market quotes prices. Why It Matters in Trading In forex trading, spreads can change quickly depending on market conditions. A stable spread may indicate normal trading activity, while a sudden increase often signals volatility. The…

Miran will also attend the September 16-17 Federal Open Market Committee (FOMC) meeting. Trump needs as many yes men on the Committee as he can get, getting Miran voted onto the FOMC is a win for Trump. Earlier:Lisa Cook WILL attend the September 16-17 Federal Open Market Committee (FOMC) meeting This article was written by Eamonn Sheridan at investinglive.com. Source link

Medtronic (NYSE:MDT) announced on Monday that its wholly-owned indirect subsidiary, Medtronic, has priced an offering of €750M principal amount of 2.950% senior notes due 2030 and €750M principal amount of 4.200% senior notes due 2045. All of Medtronic’s obligations under Source link