Author: FX
An interest rate cut appears to be in the cards for the RBA this week, but what if the central bank downplays future easing moves? Our Event Guide for the RBA Decision points out that a 0.25% reduction in borrowing costs has been priced in for a while, so there could also be a case for profit-taking if policymakers stay optimistic about inflation. Here’s what I’m watching on GBP/AUD and AUD/NZD if the event seems less dovish. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily…
Our Event Guide for the RBA’s February decision notes that leading indicators and the Bank’s dovish guidance in December could lead to a 25bps rate cut this week. If the RBA focuses on growth risks and signals more rate cuts ahead, the Australian dollar could lose pips to its major counterparts. Here’s why AUD/JPY and AUD/CAD may offer “cleaner” bearish setups in case the RBA event is net dovish! 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…
Markets are widely expecting the RBA to cut rates by 25bps in February following its dovish shift in December and signs of economic weakness. But the rate cut is already widely expected, which could lead to short-term reactions for the Aussie. How can you take advantage of AUD’s potential price reactions? We have the points 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!…
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…
Japan’s Economy Minister Ryosei Akazawa said on Monday that he expects the Japanese economy to continue making a modest recovery. Key quotes Expect the economy to continue making modest recovery.Need to be mindful of overseas economic downside risks, including China and the impact of US policy. Need to be mindful that rising prices of food and other daily products may dampen consumer sentiment and slow consumption. The government will implement thorough measures to counter rising prices. Market reaction At the press time, the USD/JPY pair is down 0.36% on the day to trade at 151.77. Japanese Yen FAQs The Japanese Yen (JPY) is one of the world’s…
Forex trading can be risky. Many traders lose money due to poor risk management. This article will show key tools to manage forex risk management. Learn how to protect your trades now. Key Takeaways Stop Loss and Take Profit orders help limit losses and secure gains automatically. Risk-Reward Ratio Strategy balances potential profits against losses, often using a 1:2 ratio. Position sizing limits risk tolerance to 1-3% of account value per trade to protect capital. Risk management software uses AI to analyze markets and suggests trades in real-time. Proper risk management is crucial for long-term success in the volatile…
As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online … prices are liable to swing around, so take care out there.Indicative rates, a little change from late Friday, but not as much as we’ve come to expect over these past three weeks:EUR/USD 1.0483USD/JPY 152.26GBP/USD 1.2588USD/CHF 0.8992USD/CAD 1.4183AUD/USD 0.6353NZD/USD 0.5719ps. Load up on another extra large coffee for this time tomorrow – there are market closures in the US on Monday for a holiday so we get to do this pretty much all over again Source link
Austria says stabbing attack suspect swore allegiance to Islamic State Source link
Global currency market analysis for February 17-21, examining trade policy impacts, central bank shifts, and key economic data implications. Source link
This week our currency strategists focused on the U.S. CPI Report (January 2025) for potential high-quality setups in U.S. dollar pairs. 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 published throughout the…