Author: FX
Market correlations were out of sync on Tuesday, as crude oil carried on with its steady decline while U.S. stock markets closed in the green. Meanwhile, USD pairs appeared to move in tandem while traders adjusted their GDP expectations after the U.S. trade balance was released. Which headlines drove price action in the latest trading sessions? Headlines: Canadian PM Carney and Liberal Party won narrow victory in parliamentary elections, willing to sit with Trump to discuss trade ties Indian government reported progress in U.S. trade talks, prepared to offer U.S. “the most favored nation” clause Chinese Ministry of Commerce spokesperson reiterated…
China will be on holidays from May 1 to May 5 (five days in total).This is to celebrate Labour Day. Markets will be closed tomorrow, Thursday, May 1, 2025, and reopen on Tuesday next week. Later this year, ForexLive.com is evolving into investingLive.com, a new destination for intelligent market updates and smarter decision-making for investors and traders alike. Source link
Are BOJ policymakers shifting to a less hawkish stance given global trade uncertainties? Or will they stay relatively optimistic since the Japanese economy has been printing upbeat data recently? Here are the key points to know when trading their May policy statement. 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 is regaining ground after the release of key economic data from both Australia and China.Australia’s Consumer Price Index rose 0.9% QoQ in Q1, up from a 0.2% previous increase and a 0.8% expected rise.China’s NBS Manufacturing PMI dropped to 49.0 in April from 50.5 in March, returning to contraction in the sector.The Australian Dollar (AUD) is gaining ground on Wednesday following a more than 0.50% decline against the US Dollar (USD) in the previous session. The AUD/USD pair appreciates following the release of key economic data from Australia and China.The Australian Bureau of Statistics (ABS) reported that…
The Consecutive Identical Candle MT4 Indicator automatically scans your chart for candles with the same open and close price or nearly identical bodies. Instead of manually checking each bar, the indicator marks these patterns clearly on your screen. This helps traders identify moments of price consolidation or market indecision—both of which can lead to strong breakouts or reversals. The tool works on all timeframes and currency pairs, making it useful for scalpers, swing traders, and long-term investors alike. Why Does It Matter Seeing consecutive identical candles can reveal a lot about what’s happening behind the scenes. These patterns often show…
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…
The AUD/USD pair is trading around 0.6400, down 0.65% on the day.The US Dollar is seeing mixed movement as markets react to trade policy uncertainty and labor data.Investors await US GDP and NFP data this week for clues on the Federal Reserve’s policy direction.Market attention shifts to US job openings and the potential for a rate cut in June.The AUD/USD pair is struggling near the 0.6400 level as trade policy uncertainty continues to impact sentiment. Investors are awaiting critical data this week, including the US Nonfarm Payrolls (NFP) and GDP figures, which could influence the Federal Reserve’s (Fed) stance on…
Maiden Holdings (NASDAQ:MHLD) said on Tuesday that it has received all necessary approvals to combine with Kestrel Group. Maiden and Kestrel will become wholly owned subsidiaries of a newly formed Bermuda company, which will be renamed Kestrel Group. Following the closing of the transaction, Bermuda NewCo’s common shares are expected to be listed on the Nasdaq under the symbol “KG”. Source: Press Release Source link
Equities climb in choppy trade as earnings, data, tariffs gauged Source link
Major European indices ended the session with mixed results. Italy’s FTSE MIB led the way, rising 1.09%, supported by strength in auto and banking stocks. Reports suggesting auto tariffs may be less severe than expected helped lift sentiment, with notable gains from Stellantis (+4.0%) and Iveco (+2.3%). Banks also performed strongly, including UniCredit (+1.3%), Intesa Sanpaolo (+1.4%), Mediobanca (+3.6%), Monte dei Paschi (+2.7%), and Banca Generali (+2.2%).Elsewhere:As European traders wrap up for the day, U.S. markets are modestly higher. The Dow Jones leads with a 0.5% gain, while the S&P 500 is up 0.14% and the Nasdaq is slightly firmer…