Author: FX
With global trade tensions easing, will Australia’s inflation reports provide a bullish catalyst for the Aussie this week? Our Event Guide for Australia’s Q1 2025 CPI Report points to the potential for hotter price pressures, something that would support the Reserve Bank of Australia’s (RBA) cautious approach to cutting interest rates. If the data surprises to the upside, we’re watching EUR/AUD and AUD/CHF for possible trading setups. 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…
This week was off to a relatively quiet start in terms of economic data and global headlines, yet the U.S. dollar still staged a broad selloff later in the day. Here are the latest headlines driving price action in the past trading sessions: Headlines: China Industrial Profits for March 2025: 0.8% ytd/y (0.1% forecast; -0.3% previous) Chinese Foreign Ministry clarified that Trump and President Xi did not have a call recently Japanese Economy Minister reiterated that they are still demanding the removal of U.S. tariffs France Unemployment Benefit Claims for March 2025: -28.5k (15.0k forecast; 67.0k previous) U.K. CBI Distributive…
The Australian Dollar remains under pressure amid expectations that the RBA will deliver another 25-basis-point rate cut in May.Chinese Foreign Minister Wang Yi emphasized that dialogue is essential for resolving US-China trade tensions.The US Dollar struggled due to weakened investor confidence stemming from Trump’s unpredictable trade policies.The Australian Dollar (AUD) is edging lower on Tuesday after registering more than 0.50% gains against the US Dollar (USD) in the previous session. The AUD/USD pair depreciates as the US Dollar appreciates amid easing global trade tensions.US President Donald Trump signaled openness to reducing Chinese tariffs, while Beijing exempted certain US goods from…
The Deviation Rate BIAS MT4 Indicator is a technical tool used by traders to track price movements and market volatility. It helps identify when prices deviate from a predetermined range, allowing traders to assess whether a trend is strengthening or losing momentum. With this indicator, traders can monitor market fluctuations more easily and make better decisions. By providing real-time insights, the indicator reduces the guesswork and enhances the accuracy of trading strategies. How Does the Deviation Rate BIAS MT4 Indicator Work The Deviation Rate BIAS MT4 Indicator analyzes past price movements and compares them to current trends. It then calculates…
US appeals court revives temporary ban on CFPB mass firings Source link
Despite rising concerns that U.S. assets may lose their edge to international markets, Morgan Stanley sees the recent sharp decline in the dollar as a potential lifeline for U.S. equities.”The weaker dollar should benefit large cap U.S. relative EPS revisions (particularly versus Europe and Japan)” “From a global standpoint, we recommend favoring U.S. over international equities.”Morgan Stanley expects the S&P 500 to trade between 5,000 and 5,500 until major catalysts — such as a U.S.-China tariff deal, interest rate cuts, lower bond yields, or improving earnings revisions — materialize.MS recommends investors stay focused on quality U.S. large-cap stocks:”We remain in…
Noble press release (NYSE:NE): Q1 Non-GAAP EPS of $0.26 misses by $0.09. Revenue of $874M (+37.2% Y/Y) beats by $10.54M. Approximately 15 rig years of new contract awards, representing $2.2 to $2.7 billion of revenue potential; backlog increased to $7.5 billion. Source link
The USDJPY has broken below the 100-hour moving average and has now extended down to test the next key target — the 200-hour moving average, which comes in at 142.274. The low price just reached 142.267.It’s worth recalling that last Thursday, the price moved down toward the 200-hour MA but found willing buyers ahead of it. Similarly, on Wednesday, after a break above the 200-hour MA, a corrective move back to the level again attracted buyers. This history reinforces the importance of the 200-hour MA as a key technical support level.A break below the 200-hour moving average would further tilt…
USD/CHF trades near the lower end of its daily range on Monday after a notable decline.Bearish signals dominate with downward pressure from key moving averages. Technical levels point to support near 0.8210 and resistance around 0.8315.During Monday’s session, USD/CHF was seen trading near the lower end of its daily range, moving around the 0.82 area after dropping by nearly half a percent. The pair continues to face a bearish overall sentiment, reinforced by the performance of technical indicators. Despite the Relative Strength Index (RSI) standing neutral around 38 and the Moving Average Convergence Divergence (MACD) hinting at a mild buy…
USD/JPY has been experiencing notable selling pressure after a recent bounce from the 140.00 level, with bears potentially regaining control as price encounters resistance at the 38.2% Fibonacci level. Let’s take a closer look at the daily time frame: 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