Author: FX

Mon: US Holiday (Memorial Day), UK Holiday (Bank Holiday)Tue: NBH Policy Announcement; German GfK (Jun), French Prelim. CPI (May), EZ Consumer Confidence (May), US Durable Goods (Apr), Dallas Fed (May)Wed: RBNZ Policy Announcement, FOMC Minutes (May), Riksbank Financial Stability Report, OPEC JMMC; Australian CPI (Apr), German Unemployment (May), US MBA (w/e 19th May), Richmond Fed (May), Nvidia (NVDA) earningsThu: Swiss & Scandinavian Holiday (Ascension Day), BoK & SARB Policy Announcements; US GDP 2nd (Q1), PCE (Q1), Initial Jobless Claims (w/e 24th May), Pending Home Sales (Apr)Fri: CBRT Financial Stability Report; Japanese Tokyo CPI (May), German Import Prices (Apr), CPI Prelim.…

Musk says he'll resume working '24/7' at his companies, X outage mostly restored Source link

The ASCTrend1sig V2 is a MetaTrader 4 (MT4) custom indicator designed to help traders spot market trends with better accuracy. It places arrows on the chart to show possible entry points—green arrows for buy signals and red arrows for sell signals. These signals are based on price action and trend direction, making it easier for users to follow the market without second-guessing every move. It works on most currency pairs and timeframes, giving flexibility to both beginners and experienced traders. Why Traders Like This Indicator One of the main reasons traders like the ASCTrend1sig V2 is…

The Monitor Rynku v2 is a custom indicator built for MetaTrader 4 that gives traders a clean view of market conditions. It tracks price direction using a combination of moving averages and signal logic to highlight trend strength and possible reversals. Unlike complicated systems full of confusing lines, this tool focuses on delivering easy-to-read signals on your chart. It’s perfect for beginners or even experienced traders who want a no-fuss market monitor. How It Works on the Chart Once added to the chart, Monitor Rynku v2 displays color-coded bars or markers based on current price activity. When the market is…

The Japanese yen emerged as the week’s top performer while the U.S. dollar suffered broad weakness amid mounting fiscal concerns and escalating tariff threats. Source link

This week was a turbulent ride for risk-on & Dollar traders as fiscal concerns and fresh trade tensions had traders re-thinking traditional relationships between major asset classes and leaving investors scrambling to position for a highly unpredictable policy landscape. Let’s check out the market headlines and break down the price action from this week! 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

The trading day began on a sour note—or a strong one, depending on your stance on tariffs—after former President Trump announced via social media that he would impose a 25% tariff on Apple products not manufactured in the U.S. The market responded swiftly: Apple shares declined for a seventh straight session, falling from a peak of $213.94 on May 14 to $195.27 today, a drop of -8.73%.Trump didn’t stop there. In a follow-up post, he proposed a flat 50% tariff on the European Union, set to begin June 1. Later in the day, he reaffirmed his position, stating, “I’m not…

EUR/USD dips to 1.1296 after Trump announces steep tariffs on EU imports starting June 1.The pair rebounds to 1.1350 as US Dollar stays pressured by rising fiscal deficit concerns.Euro shrugs off ECB rate cut talk, supported by improving German GDP figures.EUR/USD recovered during the mid-North American session on Friday after diving below 1.1300 after US President Donald Trump rattled the markets by threatening to impose 50% tariffs on the European Union (EU). At the time of writing, the pair recovered and climbed to around 1.1350US President Donald Trump posted on his social network early Friday that discussions with the European…

XAU/USD rallies as Trump warns of 50% tariffs on EU imports, escalating trade war and boosting safe-haven demand.The US House passes a $4 trillion debt-heavy budget, with the Senate vote and inflation data in focus.Talks on Ukraine and Iran ease geopolitical stress, but markets remain risk-averse.Gold’s price uptrend resumed on Friday, with the yellow metal rising close to 2% daily and 5% in the week, as the US Dollar (USD) weakened further after US President Donald Trump escalated the ‘trade war’ with the European Union (EU). This and investors’ woes regarding the US fiscal stance propel bullion prices higher, with…

The Franc surges nearly 1% as Trump’s tariff threats trigger risk aversion and deepen the US Dollar’s slide.USD/CHF breaks below 0.8250, nearing key support at May’s low of 0.8184.Bearish flag breakdown points to a possible test of the 2025 low at 0.8038.Traders pile into Swiss Franc as US protectionism and fiscal risks spook markets.USD/CHF continues to weaken as the downtrend extends past 0.8250, as the pair loses almost 1%. Investors seeking safety bought the Swiss Franc (CHF) after US President Donald Trump threatened to enact tariffs of 50% on the European Union (EU) and 25% on Apple’s iPhone manufactured overseas.…