Author: FX
USD/JPY has been on a downtrend since early January, Rabobank’s FX analyst Jane Foley reports. Concern from Ueda to disappoint JPY bulls this week “That said, in the past few sessions there have been signs of some corrective activity. The degree of hawkishness from the BoJ following this week’s policy meeting will likely be a crucial determinant of direction in the currency pair near-term. Further out, we retain our year end forecast of USD/JPY145.00 with downside risk.” “For BoJ watchers, it is hoped that Ueda will this week offer some clarity as to whether the BoJ could hike rates more…
China retail sales pick up as Beijing turns to consumers to ease US trade pressure Source link
Prior +1.5%HICP +1.7% vs +1.7% y/y prelimPrior +1.7%Slight delay in the release by the source. Italian inflation continues to hold at a positive range, with core annual inflation also seen at 1.7% – down from 1.8% previously. This article was written by Justin Low at www.forexlive.com. Source link
Starting in forex trading can seem like a big challenge. The market is huge, with $6 trillion traded every day. Beginners often find it hard to pick the right style for them. Many start without a plan, leading to mistakes and frustration. But, there’s a way to avoid this. By learning about different styles and finding one that fits your life, you can find a strategy that works for you. Key Takeaways The forex market operates 24/5 with daily volumes exceeding $6 trillion. Different trading styles suit various time commitments and risk appetites. Choosing the right strategy is key for…
Joby and Virgin Atlantic to bring flying taxis to the UK Source link
Gold holds steady as geopolitical and economic concerns linger Source link
Ever felt the sting of a hasty forex trade? You’re not alone. Many traders make impulsive decisions, leading to big mistakes. The forex market’s ups and downs can make even experienced traders act on impulse. But here’s the kicker: these snap judgments often result in big losses. Don’t let your emotions control your trades. It’s time to take control of your forex trading psychology and master the art of disciplined trading. Did you know that 79% of retail investor accounts lose money when trading CFDs? This statistic shows how important it is to avoid emotional trading and stay disciplined. By…
U.S. crude oil prices look ready to bounce from a key support zone. Will the Black Crack see upswings in the next few days? We’re checking out what’s up on the asset’s daily chart! WTI Crude Oil (USOIL) Daily Chart by TradingView U.S. crude oil hasn’t had the best start to 2025, with prices sliding from around $80.50 at the beginning of the year to March lows near $65.45. Turns out, a tariff war, global growth worries, and OPEC’s planned output increase by April haven’t exactly helped the supply-demand outlook. The U.S. dollar, despite facing pressure from slowing growth and…
Global markets enter a critical week dominated by a packed central bank calendar, with the Federal Reserve, Bank of Japan, Bank of England, and Swiss National Bank all making policy decisions. Source link
Will Canada’s February CPI data support the Bank of Canada’s (BOC) inflation concerns? Or will we see a downside surprise that could reignite interest rate cut hopes? Here’s what to expect for this top-tier catalyst: 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