Author: FX
New Zealand’s consumer price index rose 2.7% annually in the June 2025 quarter, marking the highest inflation rate in twelve months but coming in below market expectations, according to official data released by Stats NZ. The quarterly increase of 0.5% was also lower than the 0.9% recorded in the previous quarter, providing some relief for policymakers concerned about persistent price pressures. Key Takeaways Annual inflation reached 2.7%, up from 2.5% in Q1 but below economist forecasts of 2.8-2.9% Quarterly CPI rose 0.5%, decelerating from the previous quarter’s 0.9% increase Non-tradeable inflation slowed to 3.7% annually, the slowest pace in four…
Over the last few years, prop trading has gained traction, offering retail traders a passage to larger trading opportunities without any formal financial background. But behind all the glitz and glam, many traders are still stuck in the same recursive cycle of burning their savings, overtrading, and losing confidence. That’s where FundingPips comes into play. FundingPips has one core mission, that is to support serious traders by offering them a smooth and smarter path to excel in their trading journey without putting personal funds to risk. Trade smarter with FundingPips and keep your capital in your pocket What is FundingPips?…
Microsoft alerts businesses, governments to server software attack Source link
USD/CAD could be done with its downtrend, as the pair is forming a double bottom pattern. Can the pair bust through its neckline resistance soon and go on a reversal? Here’s what we’re seeing on the 4-hour chart. USD/CAD 4-hour Forex Chart by TradingView After making a couple of failed attempts at breaking below the 1.3550 minor psychological mark, USD/CAD is now back to testing the double bottom neckline at R1 (1.3770). By the looks of it, the Greenback is still reigning supreme while it rakes in safe-haven flows from increased global trade uncertainty while brushing off dovish Fed expectations.…
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a “band,” around a central reference rate, or “midpoint.” It’s currently at +/- 2%.The previous close was 7.1758PBoC injects 170.7bn yuan via 7-Day Reverse Repos at 1.4%226.2bn mature todaynet drains 55.5bn yuan in Open Market OperationsEarlier from China:PBOC’s Loan Prime Rates unchanged: 1 year 3%, 5 year 3.5%China quietly issues 2025 rare…
The SB Volume Avg MT4 Indicator is a custom tool that tracks and averages trading volume over time. Instead of showing volume as simple bars, it helps traders visualize how strong or weak the market activity is across different periods. It works well with other indicators like moving averages or price action tools. This makes it easier to judge if a breakout, reversal, or trend is backed by real volume. By giving a clearer view of market participation, the indicator helps traders stay in sync with smart money. Why Volume Matters in Trading Many beginner traders ignore volume, but it…
Ecuador gang leader 'Fito' to plead not guilty in US after extradition Source link
Weekend news that Iran, along with Britain, France, and Germany, has agreed to restart discussions on its nuclear program, according to Iran’s semi-official Tasnim news agency. The decision follows warnings from the three European nations that international sanctions could be reinstated if talks didn’t resume.Tasnim is the Iranian news agency:”The principle of talks has been agreed upon, but consultations are continuing on the time and place of the talks. The country in which the talks could be held next week has not been finalized,”Since that statement Friday has been set as the date, in Istanbul. The EU nations will also…
Pope Leo calls for end to 'barbarity of war' after strike on Gaza church Source link
Calm reported in Syria's Sweida, Damascus says truce holding Source link