Author: FX
US Dollar Index strengthens to around 97.80 in Tuesday’s early Asian session.Persistent geopolitical tensions boost the safe-haven flows, supporting the US Dollar. Rising Fed rate cut bets might cap the DXY’s upside. The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, recovers some lost ground to near 97.80 during the early Asian trading hours on Tuesday. The US ISM Manufacturing Purchasing Managers Index (PMI) for August will be in the spotlight later on Tuesday. The DXY rebounds from the lowest level since 28 July amid ongoing geopolitical tensions between Russia and Ukraine. The Guardian…
Japan trade negotiator Ryosei Akazawa said on Tuesday that there has been no date set yet for his next visit to the United States (US). Akazawa added that there is no misunderstanding with the US on trade talks. Key quotesNo gap in understanding with the US on trade deal.Schedule of my next US visit not set yet.Seeking early executive order to lower car tariffs.Market reactionAt the time of press, the USD/JPY pair was up 0.29% on the day at 147.60. Tariffs FAQs Tariffs are customs duties levied on certain merchandise imports or a category of products. Tariffs are designed to help local producers…
The Kijun Sen, often called the “baseline” in Ichimoku trading, works as a strong trend indicator by smoothing out price action over a set period. It acts as a reference point for whether the market is trending upward, downward, or moving sideways. On the other hand, the Envelope indicator places two bands above and below a moving average, capturing price volatility. When both are combined, traders can see not just the direction of the market but also how far the price may stretch from its average levels. Why This Indicator Stands Out Many indicators provide signals, but they often lag…
Morgan Stanley tips Fed for a dovish slam-dunk: three or more consecutive rate cuts coming Sees risks the Fed could cut rates more sharply than markets expect, potentially taking fed funds as low as 2.25% in 2025. investingLive Exclusive 32m ago Source link
Last September, the S&P 500 climbed 2% but that’s something of an outlier. Since the turn of the millennium, September is the worst month on the calendar for the index (by far).Now some of that is due to one-off events like the financial crisis hitting hard in September 2009 but it’s a historically bad month for stock markets by any measure. I attest some of that to the return of policymakers to work following the quiet summer period. They tend to make waves and not all of them are welcomed by markets. There is also a temptation to take profits…
PGIM Floating Rate Income ETF declares monthly distribution of $0.3155 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: investingLive is not an investment advisor, investingLive provides references and…
Sure, keeping score of your stats is awesome. But numbers are just gonna be numbers and they don’t really tell the whole story. If you’ve already caught yourself thinking that you’re doing something wrong over and over again but you don’t know what it is, maybe it’s time you start a psychological journal too! You know how the market has tendencies? Well, in the same way that it tends to react to market events and environments in certain ways, individual traders also have repetitive reactions and behavioral tendencies. However, we often overlook them and how they may be affecting our…
Spain’s manufacturing sector posts strong business activity in August, driven by improvements in output, new orders and employment. The headline reading is the highest since October last year. Of note though, the rate of inflation rose to its highest in five months but is still relatively modest when compared to historical highs. HCOB notes that:”Spain’s manufacturing sector is sending encouraging signals: the HCOB Manufacturing PMI has risen for the fourth consecutive month, underscoring the sector’s robust trajectory since the dip at the beginning of the year. Spain thus reaffirms its leadership role in the post-pandemic economic recovery of the euro…
Back to school: markets brace for September risks Source link