Author: FX
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…
Netanyahu says with US support, "we can finish the job" against Iran Source link
Mon: N/ATue: RBA Announcement & SoMP, UK Jobs (Dec), Swedish CPIF (Jan), German ZEW (Feb), Canadian CPI (Jan), Japanese Trade Balance (Jan)Wed: FOMC Minutes, RBNZ Announcement, Bank of Indonesia Announcement, Chinese House Prices (Jan), UK CPI (Jan)Thu: PBoC LPR, Australian Jobs (Jan), EZ Consumer Confidence (Feb), Japanese CPI (Jan)Fri: UK Retail Sales (Jan), EZ/UK/US Flash PMIs (Feb), Canadian Retail Sales (Dec), UoM Final (Feb)RBA Announcement (Tue):The RBA is expected to cut rates with money markets pricing an 86% probability the Cash Rate will be cut by 25bps to 4.10% and just a 14% chance for rates to be kept at…
UPCOMING EVENTS:Monday: Japan GDP.Tuesday: RBA Policy Decision, UK Employment report, German ZEW, Canada CPI, US NAHB Housing Market Index, New Zealand PPI.Wednesday: Australia Wage Price Index, RBNZ Policy Decision, UK CPI, US Housing Starts and Building Permits, FOMC Minutes.Thursday: Australia Employment report, PBoC LPR, Canada PPI, US Jobless Claims.Friday: Australia/Japan/Eurozone/UK/US Flash PMIs, Japan CPI, UK Retail Sales, Canada Retail Sales.TuesdayThe RBA is expected to cut interest rates by 25 bps bringing the Cash Rate to 4.10%. As a reminder, the RBA softened further its stance at the last policy decision as it prepared for the first rate cut. The market…
Pope has another peaceful night in Rome hospital Source link
Many new traders struggle with forex day trading. Day trading involves buying and selling currencies within a single day. This guide will show beginners 5 key strategies for forex day trading. Learn how to start trading forex today. Key Takeaways Forex day trading involves buying and selling currency pairs within one trading day to profit from small price changes. Popular day best trading strategies for beginners include trend trading, swing trading, scalping, breakout trading strategy, and news trading systems. New traders should practice with a demo account for 3-6 months before using real money. Successful day traders use strict risk…
US, Russia to meet in Saudi Arabia over Ukraine war Source link
Apple aims to bring AI features and spatial content app to Vision Pro, Bloomberg reports Source link
Analysis-As Trump shakes Justice Department, deeply conservative prosecutors head for exits Source link
Meet the little-known far-right French politician with a direct line to Trump world Source link