Author: FX
Oscar-winning Palestinian director injured in clash with Israeli settlers and arrested Source link
The Australia’s center-left government unveiled an unexpected tax cut and an extension of energy rebates in the pre-election budget in what looks like an attempt to shore up political support and help secure Prime Minister Anthony Albanese a second term in office. The Australian Dollar and Australian Bond Yields got a boost from the news as it could make the RBA’s job of bringing inflation sustainably back to target and lower interest rates harder.As a reminder, the RBA cut interest rates by 25 bps as expected at the last meeting bringing the Cash Rate to 4.10% but it was accompanied…
Monday’s PMIs surprised on the upside in the US while jumping less than expected in the euro area, helping the euro-heavy DXY index find support into the 104.0-104.50 area. However, the surveys highlighted a growing gap between the contracting manufacturing sector and the rebounding services sector in the US. Markets are keenly watching for clearer signals on where to place activity-related USD bets, ING’s FX analyst Francesco Pesole notes. DXY index finds support in the 104.0-104.50 area “The Conference Board Consumer Confidence surveys published today are the biggest release for the week in FX. A great deal of the market’s…
The Float MT4 Indicator is your solution. This tool for MetaTrader 4 analyzes currency pair history. It reveals hidden trends by processing 200 bars of data. Don’t let confusing charts hold you back. With Float MT4, you’ll gain a clear edge in forex trading. The Float MT4 Indicator shines in trend analysis. It measures trading volume percentages. Rates above 50% signal strong buying pressure and possible price increases. Rates below 50% indicate selling pressure and possible price drops. This powerful tool works on both MT4 and MT5 platforms. It’s a versatile choice for traders. Understanding the Float MT4 Indicator Fundamentals…
South African rand firms as markets await leading indicator data Source link
With inflation data dropping around the U.K.’s budget announcement, markets will be watching closely for signals that could shape both monetary policy and fiscal plans. Traders are looking to see whether the numbers back the business surveys hinting at renewed price pressures or give more weight to dovish BOE expectations despite last week’s “hawkish hold” event from the central bank. Here’s what’s expected for this top-tier report. 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…
Has Australia’s inflation accelerated from January to February? Our Event Guide for Australia’s CPI Report noted a possible downtick based on the leading indicators but highlights that the report could also support the Reserve Bank of Australia’s (RBA) lack of urgency to cut its interest rates further. We’re exploring AUD/CHF and AUD/NZD’s possible setups if the Land Down Under did see hotter price pressures in February. 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…
The Fisher Indicator MT4 Indicator might help. It’s a tool for technical analysis that shows trend direction and strength. This means it can signal when the market might change. Many traders miss out on good chances because they’re late to spot trends. Don’t be one of them. The Fisher Indicator, an improved version from 2004, uses colors to show when the trend might change. It’s a great way to get better at trading with this MT4 platform tool. Understanding the Fisher Indicator Fundamentals The Fisher Indicator is a strong tool for spotting trends and analyzing prices. It changes asset prices…
Even though the RBA signaled a more cautious approach to further easing, downbeat CPI data could still revive calls for another immediate cut. Our Event Guide for Australia’s CPI Report points out that businesses have reported lower input costs for February, possibly contributing to a downtick in headline consumer inflation. Here’s what I’m looking at on GBP/AUD and AUD/JPY in this scenario. 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!…
What will Australia’s upcoming CPI release imply for its central bank’s future policy moves? Recall that the Reserve Bank of Australia (RBA) expressed its intention to take a more gradual approach to easing, suggesting a potential pause in rate cuts soon. Will the inflation report support this less dovish shift? Here’s what to look out for when trading this major release. 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!…