Author: FX

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!…

Bitcoin futures are cooling off today after a strong rally on March 24, where price surged +4.38% intraday and closed the session up +3.31%. As of now, we’re seeing a healthy pullback of about -1.5%, with Bitcoin futures trading around $87,065.This pause is typical after such momentum, and today’s price action is hovering just below key volume-weighted levels.🔍 Key VWAP Levels to Watch🔼 Bullish Scenario (Only if price crosses $87,800)Bullish bias is triggered only if Bitcoin futures break and hold above $87,800. This would confirm strength and could open the path to the following upside targets:$88,385 – Just below the…

Market participants kicked the week off in a positive mood, helped partly by talks of a more measured U.S. tariffs implementation plan. Risk rallies carried on until the New York session, propping stocks and crude oil higher, while the dollar also found support from PMI readings. Here are the latest updates you need to know and how asset classes fared. Headlines: Over the weekend, a WSJ report suggested that the Trump administration is considering targeted reciprocal tariffs instead of broad industry-specific ones planned for April 2 U.S. and Ukrainian officials held a “productive and focused” talk in Riyadh to end…

NZD/USD weakens to near 0.5725 in Tuesday’s early Asian session.  Trump’s tariff policies and expectations of further RBNZ rate cuts continue to undermine the Kiwi.  China’s stimulus measures might cap the downside for the pair.  The NZD/USD pair extends the decline to around 0.5725 during the early Asian session on Tuesday. The New Zealand Dollar (NZD) softens to a one-week low amid concerns over the looming April 2 deadline for US reciprocal tariffs. Trump said late Monday that he will announce tariffs on automobile imports in the coming days and indicated that some countries will receive breaks from reciprocal tariffs on…

Fight or cut a deal? Law firms face stark choice under Trump Source link

Russian state media, RIA Novosti is reporting a joint statement from US and Russia is expected on Tuesday.talks between the two delegations in Riyhad concluded on Mondaydiscussion on trying to reach a Black Sea maritime ceasefire deal, among other issuesMeanwhile, Trump listed the other issues: talking about territory right nowtalking about lines of demarcationtalking about power, power plant ownership This article was written by Eamonn Sheridan at www.forexlive.com. Source link

Silver steadies near $33.00 after bears lose momentum at $32.89 intraday low. ‘Quasi gravestone doji’ hints at potential shift as bulls defend narrow support range. A break above $33.30 opens path to $33.94; downside risks if $32.90 support fails. Silver’s price was flatline on Monday, hovering around $33.00 an ounce, snapping three consecutive days of losses. As the Asian session begins, XAG/USD remains firm and virtually unchanged. XAG/USD Price Forecast: Technical outlook Silver price formed a ‘quasi gravestone doji’ that usually appears in an uptrend, signifying a pause or end of the trend. Nevertheless, as it is preceded by a…

There are strong headwinds against boosting potential growthWe must facilitate AI as the most likely general-purpose tech that can move the needed on growth in the economyWe must also invest in new skills in the labour forceWe have been forcefully reminded that trade policy has to include a national security dimensionHe’s not really addressing monetary policy here. This article was written by Adam Button at www.forexlive.com. Source link

United States (US) President Donald Trump spoke with reporters in Washington, DC on Monday, re-announcing plans to issue additional tariffs on automobiles, aluminum, and pharmaceuticals “soon”. This follows the Trump administration’s recent unilateral 25% import tax on all steel and aluminum entering the US. President Trump also took the opportunity to make a new tariff threat, announcing that the US would be imposing an additional 25% tariff on all goods coming to the US from countries that buy Venezuelan Crude Oil products. Never one to miss an opportunity to make a statement, Donald Trump also touched on a wide variety of…

We got some good weekend news on tariffs for a change as Bloomberg’s Josh Wingrove reported that tariffs are now planned to be more targeted than threatened.”It’s shaping up as more focused than the sprawling, fully global effort Trump has otherwise mused about, officials familiar with the matter say,” the report says.The optimism might be misplaced as it highlights that the countries spared will be the ones with trade deficits to the USA or barely any trade at all. Still, it’s a change in tone S&P 500 future are up 64 points, or 1.1%.In terms of today’s economic calendar, the…