Author: FX
Japan tariff negotiator Akazawa to hold more trade talks in US next week Source link
Is the dollar let out of the dog house just yet? Well, not exactly. The latest recovery in the greenback in the past two weeks comes as Trump is threatening tariffs once again. It’s a more moderate version of Liberation Day one might say, with TACO trades seemingly fully priced in before this. So, what’s next for the dollar from here?In the bigger picture, it’s all about whether or not Trump will follow through on his tariff threats come 1 August. That’s the main thing to watch. He’s kicked the can down the road long enough for it to stall…
Sun: Japanese Upper House ElectionMon: PBoC LPR; Canadian PPI (Jun), US Leading Index (Jun), New Zealand Trade (Jun), UK CBI (Jul)Tue: UK PSNB (Jun), US Richmond Fed (Jul)Wed: EZ Consumer Confidence Flash (Jul)Thu: ECB & CBRT Policy Announcements; EZ, UK & US Flash PMIs (Jul), US Weekly Claims, National Activity Index (Jun), Canadian Retail Sales (May)Fri: UK Retail Sales (Jun), GfK (Jul), Japanese CPI (Jul), EZ M3 (Jun), German Ifo (Jul), US Durable Goods (Jun)Japanese Upper House Election (Sun)In short, the LDP-led coalition runs the risk of losing its majority in the Upper House and leading a minority government in…
Federal judge blocks enforcement of Trump's order on ICC Source link
The Rate of Change (ROC) MT4 Indicator is a momentum oscillator that measures the percentage change between the current price and the price a certain number of periods ago. It moves above and below a zero line, helping traders understand if momentum is rising or falling. When the ROC is above zero, it suggests bullish momentum; when it’s below, bearish momentum might be setting in. It’s an effective way to spot reversals or confirm existing trends, especially in trending markets. How ROC Helps in Identifying Entry and Exit Points ROC is often used to time entries and exits with better…
Israel will not renew visa of top UN humanitarian official Source link
Fed’s Waller supports July rate cut, pulling Treasury yields and Dollar lower.UoM survey shows improved sentiment and easing inflation expectations in the US.ECB decision, EU PMIs, and US macro data in focus for the week ahead.The EUYR/USD finished Friday’s session with gains of over 0.26% amid a weaker US Dollar, following dovish comments by Fed Governor Christopher Waller, which weighed on US Treasury yields. Still, an improvement in Consumer Sentiment capped the Euro’s gains, with the pair trading at 1.1626 at the time of writing.Wall Street ended the session on a higher note, as investors cheered comments by Waller, who…
Headline U.K. inflation accelerated from 3.4% year-on-year to 3.6% in June while the annual core CPI climbed from 3.5% to 3.7% instead of holding steady as expected. How did our watchlist setups for this top-tier catalyst fare? 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 week, check out our BabyPips Premium subscribe page to learn more! The Setup Event…
That is an absolutely staggering number if you think about it. And as the world continues to embrace the AI-driven future, Nvidia is now the poster boy not only for that revolution but also for the stock market. After its struggles in the first four months this year in the run up to Trump’s Liberation Day, the share price has now doubled to fresh record highs. Nvidia is also sitting prettily with 29% gains year-to-date, comfortably outpacing the S&P 500 which holds 7% gains.And with around 36,000 employees, Nvidia has a per-employee market value of over $110 million. That continues…
FX markets weathered Trump’s tariff threats & dramatic Fed Chair firing rumors, further elevating political and economic uncertainty for forex traders Source link