Author: FX
US lowers regulatory burdens on fishing, adviser Navarro says Source link
Prior was +172K (revised to +129K)Two-month net revision -74KApril was +179KUnemployment rate 4.2% vs 4.3% expectedPrior unemployment rate 4.3%Unrounded unemployment 4.1889% vs 4.296% priorParticipation rate 61.5% vs 61.8% priorU6 underemployment rate % vs 8.1% priorAverage hourly earnings +0.3% m/m vs +0.3% expectedAverage hourly earnings +3.5% y/y vs +3.5% expectedAverage weekly hours 34.3 vs 34.3 expectedChange in private payrolls +49K vs +110K expectedChange in manufacturing payrolls K vs +3K expectedGovernment payrolls +8K vs +32K priorThis is a disappointing report. The unemployment rate is down to 4.2% and that looks good on the headline but it comes with the participation rate falling…
The United States (US) Bureau of Labor Statistics (BLS) will release the Nonfarm Payrolls (NFP) data for June on Thursday at 12:30 GMT. With investors pricing in a hawkish Federal Reserve (Fed) policy outlook with the new Chairman Kevin Warsh at the helm, the underlying details of the employment report could influence the timing of a possible interest rate increase. Payroll data is among the indicators that generally trigger a significant market reaction. Still, this time, with all eyes on the inflation front, only a dismal print could hurt the US Dollar in a meaningful way.What to expect from the Nonfarm Payrolls…
The Follow Line Indicator MT4 was developed to help traders identify trend direction with more confidence. Instead of reacting to every small price movement, it focuses on filtering market noise and highlighting the dominant trend. That makes it easier to stay with strong moves while avoiding many of the short-term fluctuations that often trap traders.Like any technical tool, it works best when combined with proper market analysis and risk management. The sections below explain how the indicator works, when traders typically use it, and what strengths and weaknesses should be considered before adding it to a trading strategy.Understanding the Follow…
The new platform enables traders to compare prop firms side by side using hundreds of funding rules, account features and trading conditions, making it one of the most comprehensive futures prop firm comparison tools available.Prop Firm Compare https://propfirm.compare/ has announced the launch of its new advanced comparison engine, offering futures traders a faster, more transparent way to compare funded trading firms before purchasing a challenge.Built specifically for the futures prop trading market, the new tool allows users to compare firms across the criteria that have the biggest impact on long-term success, rather than relying on headline account sizes or promotional…
Gold (XAU/USD) retains a positive bias for the second consecutive day on Thursday, though it remains confined within the previous day’s broader trading range. The US Dollar (USD) edges lower on the back of Wednesday’s softer-than-expected US macro data and turns out to be a key factor supporting the commodity for the second consecutive day. However, elevated US Federal Reserve (Fed) rate-hike expectations, along with geopolitical risks, act as a tailwind for the buck and keep a lid on the bullion ahead of US employment details.Automatic Data Processing (ADP) reported on Wednesday that private sector employment in the US rose…
The Fed, ECB, BOE, and BOC agreed inflation is stubborn, but their policy paths now look very different for traders. Source link
EUR/NZD is testing a MAJOR support zone after Lagarde’s relatively hawkish remarks. Will this lead to EUR/NZD extending a weeks-long uptrend? Source link
The Target Bands Indicator MT4 was created to help solve this problem. Instead of relying only on support and resistance drawn by hand, it displays projected price bands that can act as potential target or reaction zones. Traders use these levels to improve entries, manage exits, and plan trades with better structure.That said, no indicator can predict every market move. The best results usually come when the Target Bands Indicator MT4 is combined with price action, trend analysis, and sound risk management. Understanding how it works is the first step toward using it effectively in real trading conditions.What Is the…
JPMorgan’s flagged divergence puts fresh focus on hyperscaler share price behaviour into the summer, with framing of individual stock charts for Meta, Microsoft, Amazon and Alphabet as the key signal to watch for a potential sentiment driven setback into autumn. Chip and memory names have carried the AI trade higher through 2026, but a sustained gap between hardware performance and heavy capex spenders raises the risk of a broader rotation or pullback if investors continue questioning AI monetisation. The parallel drawn to 1999, when communications equipment makers rallied while heavy capital spenders fell before the 2000 crash, adds a historical…