Author: FX

The Australian Dollar gains momentum as investors react to concerns over a potential slowdown in the US economy. The AUD finds support from stronger-than-expected GDP growth and robust trade data from Australia. San Francisco Fed President Mary Daly noted that rising uncertainty among businesses could dampen demand in the US economy. The Australian Dollar (AUD) rebounded on Monday, recovering losses from the previous two sessions against the US Dollar (USD). The AUD/USD pair’s upward movement was primarily driven by concerns over a potential slowdown in the US economy. The Aussie Dollar also received support from stronger-than-expected GDP growth and trade…

Buckle up for another busy week in forex markets, with U.S. inflation data and the Bank of Canada’s (BOC) interest rate decision taking center stage amid ongoing trade tensions. Trump’s tariff flip-flopping dominated last week’s headlines, while Germany’s massive €500 billion infrastructure plan sparked a global bond selloff and boosted the euro. Markets are now pricing in THREE Fed rate cuts for 2025 despite Fed Chair Powell’s reassurances that the economy remains “in a good place.” With U.S.-China trade relations deteriorating and key economic indicators on deck, we’re set for another week of potential volatility across currency pairs.​​​​​​​​​​​​​​​​ …

The forex market is open 24/5, which can be hard to handle. With over $8.2 trillion traded daily, it’s tough for new traders to know when to trade. The constant changes in global markets can make it feel like too much. But don’t worry! Learning about forex trading time frames can help you make better trades. It’s the secret to trading smarter and making more money. The forex market never stops from Sunday 5 p.m. EST to Friday 5 p.m. EST. It has four main sessions: Sydney, Tokyo, London, and New York. Each session offers different chances and challenges. Did…

This week our currency strategists focused on Australia’s GDP Report (Q4 2024) and its potential impact on the Australian dollar for potential high-quality setups. Out of the four scenario/price outlook discussions this week, one discussion arguably saw both fundie & technical arguments triggered to become potential candidates for a trade & risk management overlay. Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high quality discretionary trade idea before working on a risk & trade management plan. If you’d like to follow our “Watchlist” picks right when they are…

EUR/GBP has been pacing back and forth inside a range that’s been holding since November last year. The pair is closing in on the top, so could it be due for a bounce or a break? Better keep these nearby inflection points on your radar! EUR/GBP 4-hour Forex Chart by TradingView Shifting monetary policy biases for the European Central Bank (ECB) and Bank of England (BOE) since late last year have mostly kept this pair inside a range visible on the 4-hour time frame. While the ECB has reiterated its data-dependent approach to easing, BOE policymakers have had a “finely…

Do you struggle to understand forex market movements? You’re not alone. Many traders get lost in price changes, unsure of market strength. This confusion can lead to big mistakes and missed chances. But what if you could see the real forces behind currency pairs? That’s where volume indicators come in. They show the hidden forces of supply and demand. This helps you spot breakouts and make better trades. Key Takeaways Volume indicators measure buying and selling pressure in forex. High volume suggests strong market trends. Low volume may signal a reversal. Volume analysis helps confirm price action. Popular indicators include…

Reserve Bank of New Zealand Deputy Governor Christian Hawkesby gives a speech about the February Monetary Policy Statement at the ANZ Investor Tour.With Orr’s resignation last week Hawkesby will be acting Governor until March 31.At 0130 GMT/2130 US Eastern time 25 years of cash rate This article was written by Eamonn Sheridan at www.forexlive.com. Source link

AUD/USD edges lower to around 0.6305 in Monday’s early Asian session.  China’s February CPI fell into negative territory for the first time since January last year. US Nonfarm Payrolls rose by 151,000 in February vs. 160,000 expected. The AUD/USD pair weakens to near 0.6305 during the early Asian session on Monday. The disappointing Chinese economic data over the weekend weighs on the China-proxy Australian Dollar (AUD). However, the concerns over a looming slowdown in the US economy might help limit the pair’s losses. Data released by the National Bureau of Statistics on Sunday showed that China’s Consumer Price Index (CPI) fell by 0.7%…

US open to minerals partnerships with Democratic Republic of Congo 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: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…