Author: FX
Analysts see a jump in U.K. consumer prices in April, but it’s possible that higher prices may be priced in. How might the British pound react to this week’s CPI report? We have the deets you need to know if you’re trading the event! 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 Australian Dollar holds losses after People’s Bank of China cut its one-year Loan Prime Rate to 3.00% from 3.10%.The Reserve Bank of Australia is expected to cut interest rates by 25 basis points on Tuesday.The US Dollar weakened following Moody’s downgrade of the US credit rating from Aaa to Aa1.The Australian Dollar (AUD) dips against the US Dollar (USD) on Tuesday, following a gain of over 0.50% in the previous session. The AUD/USD pair remains under pressure after the People’s Bank of China (PBoC) announced its Interest Rate Decision. The PBoC announced a reduction in its Loan Prime Rates…
Is EUR/USD about to gain traction on its downtrend after a recent breakout? With EUR scoring 7.2/10 versus USD’s 8.1/10 in this week’s FX Fundies Cheat Sheet, plus a confluence of technical resistance levels nearby, EUR/USD could be poised to resume its selloff to this month’s lows. Here’s an area of interest I’m watching on the 4-hour time frame. EUR/USD 4-hour Forex Chart by TradingView Positive developments in U.S. trade talks, particularly with the U.K. and China, have renewed the appeal of the U.S. dollar earlier this month. A few snags in economic data, notably in CPI and retail sales…
Greg posted this news, not be to be missed (in case you did):China: US undermines consensus reached in Geneva talks.This was in response to the US Commerce Department saying use of Huawei’s Ascend AI chips violates the governments export controls.Keeping a lid on tariffs is in the interest of both the US and China, so I imagine this’ll get sorted out. Could get ugly if not though. This article was written by Eamonn Sheridan at www.forexlive.com. Source link
Moody’s downgrades US credit rating, fueling USD weakness.Trump announces Russia-Ukraine ceasefire negotiations.New Zealand inflation expectations rise, but rate cut still expected.The NZD/USD pair is climbing at the start of the week, trading around the 0.5900 level after President Donald Trump claimed credit for restarting Russia-Ukraine peace talks. While Trump’s announcement eased geopolitical tensions, the US Dollar remains pressured near 100.30, following a downgrade by Moody’s from AAA to AA1, citing concerns over US fiscal deterioration. This renewed pressure on the Greenback has supported the Kiwi, which also draws strength from rising New Zealand inflation expectations.US President Donald Trump declared via…
Based on the recent Premium Watchlist Recap from May 13, 2025, let’s examine three different trading approaches to the GBP/AUD movement following Australia’s April employment report. Each case study represents a different risk tolerance level with practical lessons for traders at all experience levels. 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 Kremlin is out with its accessment of the phone call between Putin and Trump: Putin and Trump both said they favoured normalisation of U.S.-Russia relationsPutin and Trump discussed a possible Russia-U.S. prisoner swapPutin and Trump discussed exchanging nine Russian and nine U.S. prisonersTrump spoke quite emotionally about prospects for ties with Russia, wants them to be mutually beneficialTrump said there were impressive prospects for Russia-U.S. ties after Ukraine conflict is settledTrump said U.S. sees Russia as one of most important trade and economic partnersTrump and Putin agreed to continue dialogue on all issues, intend to agree a personal meeting…
EUR/USD trades near the 1.13 zone on Monday after a sharp intraday rise.The pair maintains a bullish bias despite mixed short-term signals.Key support is clustered below 1.1230, with resistance near 1.1280.The EUR/USD pair is trading near the 1.13 zone on Monday, reflecting a strong intraday recovery as the market gains momentum after the European session. Despite the sharp upside move, the broader technical outlook presents a mixed picture, with conflicting signals across different timeframes. Short-term indicators suggest potential pullbacks, while the longer-term trend remains firmly bullish, providing a cautiously optimistic backdrop for the pair.The daily technical setup reflects a complex,…
New York Fed president John Williams is speaking to the Mortgage Bankers Association in New York City. Williams is a permanent voting member on the Federal Reserve Board:Recent economic data has been very good.Labor market is pretty much in balanceFirst quarter growth was unusual trade issues Inflation has been coming down slowly and gradually.Keyword for economy is uncertainty.Monetary policy is in a good place.Fed rate policy is well-positioned. It is slightly restrictive.Some forward-looking indicators are signaling concern.Trade is particular point of uncertainty.Many firms and households are in a wait-and-see modeFed has a ways to go in shrinking its balance sheetBalance…
World Health Organization looks ahead to life without the US Source link