Author: FX
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 Australian Dollar remains steady as Trump imposes a 25% tariff on all steel and aluminum imports. Australia’s Westpac Consumer Confidence rose 0.1% in February, reaching 92.2 from 92.1 prior. The US Dollar appreciates amid the rising cautious mood surrounding the Fed’s policy outlook. The Australian Dollar (AUD) remains subdued against the US Dollar (USD) on Tuesday. The AUD/USD pair could decline due to US President Donald Trump’s decision to expand steel and aluminum tariffs by 25% to include all imports, nullifying trade agreements with key US allies, including Australia. The White House confirmed that all import tax exclusions had been…
Shares of Chinese steelmakers slide as Trump's fresh tariffs add uncertainty on exports Source link
Will this week’s U.S. inflation reports fuel interest rate cut expectations for the Fed? Our Event Guide for the U.S. CPI Report suggests that the U.S. dollar could weaken against its counterparts if January’s CPI reports align with the declining PPI trends. Here’s why USD/JPY and GBP/USD offer neat setups in case Uncle Sam’s inflation pressures cool in January: 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
With the Fed taking a less dovish stance in their latest policy decision, will hotter U.S. inflation data further dampen rate cut expectations? Our Event Guide for the U.S. CPI Report points out that business PMI surveys reported stronger input and output cost pressures while wage growth has shown momentum. Here’s what I’m watching on USD/CHF and NZD/USD in this scenario. 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…
Don’t look now, but this euro pair is within striking distance of its long-term range bottom. Will support still hold or are we in for a breakdown? Better keep your eyes on these nearby inflection points! EUR/CAD 4-hour Forex Chart by TradingView In our Weekly FX Market Recap, we noted how the Canadian dollar was able to breathe a sigh of relief after U.S. President Trump agreed to a 30-day delay in tariffs. However, a fresh batch of higher U.S. trade levies on Canada has just been signed, this time targeting steel and aluminum imports. Rising crude oil prices on…
Can another set of cooling inflationary pressures convince the Fed to shift back to a more dovish stance? Or will we see strong CPI figures that could reinforce their hawkish views? Here are the points you need to know when trading the upcoming U.S. CPI report. 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
Asset classes and major forex pairs were all over the place, as the prospect of more U.S. tariffs kept market watchers on edge. Gold took advantage of all the uncertainty and hit fresh record highs at the $2,900 levels. Here are the latest economic updates and headlines you need to know! Headlines: Chinese CPI in January: 0.5% y/y (0.4% forecast, 0.1% previous) China’s PPI in January: -2.3% y/y (-2.2% forecast, -2.3% previous) Japanese Economy Watchers sentiment index in January: 48.6 (49.7 expected, 49.9 previous) Eurozone Sentix investor confidence index in February: -12.7 (-16.4 expected, -17.7 previous) U.S. Cleveland Fed inflation…
Catherine Mann, Bank of England policymaker and member of the Monetary Policy Committee is hitting the speaking circuit today:0845 GMT/0345 US Eastern time, gives a lecture on Britain’s economic prospects at Leeds Beckett University1730 GMT/1230 US Eastern time, speaks at central bank event in SheffieldMann spoke earlier, I don’t expect she stray too fart from the message here:BoE’s Mann says UK inflation is less of a threat, prices coming close to 2% target This article was written by Eamonn Sheridan at www.forexlive.com. Source link
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1716 as compared to the previous day’s fix of 7.1707 and 7.3067 Reuters estimates. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank also aims to implement financial reforms, such as opening and developing the financial market. The PBoC is owned by the state of the People’s Republic of China (PRC), so it is not considered an autonomous institution. The…