Author: FX
Alexander Shapovalov/iStock Editorial via Getty ImagesAmerican Airlines (NASDAQ:AAL) and Dallas-Fort Worth International Airport on Thursday unveiled revised plans for Terminal F, finalizing a $4 billion expansion project. The two said in a statement that the plan will increase the number of gates at the new Source link
Nigel Farage's Reform UK Party narrowly wins Runcorn parliamentary seat Source link
The Reflex MT4 Indicator is a tool designed to help Forex traders spot market trends in real time. It works by analyzing price data and providing visual signals that indicate when to enter or exit a trade. This can be especially useful for traders who struggle with interpreting charts and patterns manually. The indicator takes the guesswork out of trading and provides clearer signals, helping to increase the chances of a successful trade. How the Reflex MT4 Indicator Helps with Decision-Making One of the main advantages of the Reflex MT4 Indicator is its ability to filter out noise from the…
USD/JPY is still in correction mode from its latest move but looks ready to bounce off the nearby area of interest. Will we see trend continuation or a breakout? Take a look at these inflection points on the 4-hour time frame: USD/JPY 4-hour Forex Chart by TradingView This yen pair has formed lower highs connected by a descending trend line that’s been holding since the start of the year. Thanks to the not-so-hawkish Bank of Japan policy announcement earlier this week, JPY has been selling off enough to take USD/JPY for a higher retracement to the 50% Fib. At the…
The Labor Day market holiday for Chinese and European markets led to a calm start for most risk assets, before volatility once again picked up on top-tier U.S. data and earnings reports. Trade and political headlines also made waves, as White House officials suggested progress in tariff discussions with China, while crude oil chalked up another day in the red. Here are the updates you need to know. Headlines: Australia S&P Global Manufacturing PMI Final for April 2025: 51.7 (51.7 forecast; 52.1 previous) Japan Jibun Bank Manufacturing PMI Final for April 2025: 48.7 (48.5 forecast; 48.4 previous) Australia Balance of…
The ISM Manufacturing PMI for April 2025 registered at 48.7, down 0.3 percentage points from March’s 49.0 reading. While this marks the second consecutive month of contraction in the manufacturing sector, the figure came in better than economists’ expectations of 47.9, suggesting the pace of decline is more moderate than anticipated. Key components of the April report: New Orders Index: 47.2 (up 2.0 points but still contracting) Production Index: 44.0 (down 4.3 points, showing accelerated contraction) Employment Index: 46.5 (up 1.8 points but remaining in contraction) Prices Index: 69.8 (up 0.4 points, indicating continued price pressures) Supplier Deliveries Index: 55.2…
The January 2025 employment report is due from the US on Friday, May 2, 2025, at 0830 US Eastern time, 1330 GMT.You can see the consensus estimate in the screenshot below:The number in the right-most column is the ‘prior’ (previous month) result.The number in the column next to that, where there is a number, is the consensus median expected.This snapshot from the ForexLive economic data calendar, access it here.Taking a look at the range of expectations compared to the median consensus (the ‘expected’ in the screenshot above) for the key data points:Headline NFP number:Unemployment rate:Average hourly earnings m/m:Average hourly earnings…
Australia’s Retail Sales, a measure of the country’s consumer spending, rose 0.3% MoM in March, compared to an increase of 0.2% in February, the official data published by the Australian Bureau of Statistics (ABS) showed on Friday.The reading came in below the market expectations of 0.4%. Market reaction to Australia’s Retail Sales dataAt the time of writing, the AUD/USD pair is up 0.32% on the day at 0.6403. Australian Dollar FAQs One of the most significant factors for the Australian Dollar (AUD) is the level of interest rates set by the Reserve Bank of Australia (RBA). Because Australia is a resource-rich country another key driver is the…
The Trend Flex x 2 is a custom indicator built for MetaTrader 4 (MT4), designed to highlight market trends in a simple and visual way. It helps traders identify when the market is trending up, down, or moving sideways. Unlike more complicated tools, this one is easy to read and doesn’t flood your screen with too much data. It’s especially helpful for beginners or anyone who prefers a cleaner chart setup without sacrificing useful information. How It Works The indicator uses a combination of trend strength and direction to plot its signals. It changes color based on whether the trend…
Analysts at Macquarie say that even if Trump reverses all his tariffs the US dollar is unlikely to fully recover all of its recent losses. They give three reasons :any capital flight from the U.S. isn’t just about foreign central banks, sovereign wealth funds, or public pension plans abroad selling their U.S. assets at the direction of foreign politiciansAnd add a fourth reason on why foreign holders need to diversify away from the dollar:the reduction in the integrity of some US institutions and systemsOnce trust is blown, its very difficult to recover. Macquarie conclude that the USD will become less…