Author: FX
The US Dollar regains ground after the June CPI release, with the DXY trading above the 98.00 psychological level.Market sentiment stays cautious amid persistent tariff threats from US President Donald Trump.The US Dollar (USD) extends its intraday advance on Tuesday after the release of the June Consumer Price Index (CPI) report, as traders reassess their expectations of monetary policy easing by the Federal Reserve (Fed). Following the release of the June CPI report, market expectations for a near-term Federal Reserve rate cut have shifted notably. According to the CME FedWatch Tool, the probability of a rate cut at the July…
Gold slips below $3,330 as CPI data tempers hopes for a near-term rate cut.Fed credibility in focus amid Trump pressure and Powell succession uncertainty.XAU/USD struggles near $3,335 as bullish momentum fades near prior triangle resistance.Gold (XAU/USD) is trading in a narrow range on Tuesday, following the US Consumer Price Index (CPI) report that reinforced expectations the Federal Reserve (Fed) may refrain from a near-term rate pivot.At the time of writing, the precious metal is trading below $3,330, with risk sentiment and a slight uptick in risk sentiment limiting the upside move.The June Consumer Price Index (CPI) showed that headline CPI…
BoE delays Basel bank trading rule to 2028 Source link
Fundamental OverviewGold remains mostly rangebound even though we had some bullish price action in the past few days. The focus today will be on the US CPI release. The NFP put a lid on further gains as the hawkish repricing in interest rates expectations weighed on the precious metal. A soft CPI should give gold a boost, while hot data will likely trigger another selloff. In the bigger picture, gold should remain in an uptrend as real yields will likely continue to fall amid Fed easing. But further hawkish repricing in rate cuts expectations could trigger corrections in the short…
The Divergence Petr MT4 Indicator is designed to detect both regular and hidden divergences between price and commonly used oscillators like RSI, MACD, or CCI. Divergences occur when the price moves in one direction, but the oscillator moves in the opposite direction, hinting that a trend may be weakening. This indicator automatically scans for these patterns and displays them visually on your chart, saving time and effort for the trader. How Does It Help Traders? This tool simplifies one of the most powerful trading techniques: divergence spotting. Traders no longer need to manually draw trend lines or constantly compare chart…
Castellum Q2 2025 slides: Strategic investments amid declining income Source link
The United States had an annual inflation rate of 2.7% in June when tracked by the Consumer Price Index (CPI), an increase from 2.4% in May, as revealed by the US Bureau of Labor Statistics (BLS) on Tuesday. This figure matched the market forecast.Follow our US CPI Live Coverage hereThe core Consumer Price Index, excluding fluctuating food and energy costs, increased by 2.9% in the same month, up from May’s 2.8% rise.Monthly, the headline CPI and core CPI rose by 0.3% and 0.2%, respectively.Market reaction to US CPI inflation dataThe selling momentum in the US Dollar (USD) now gathers traction,…
US President Donald Trump said on Tuesday that he is disappointed but not done with Russian President Vladimir Putin, per the BBC.This comment came after Trump announced plans to send weapons to Ukraine and warned of severe tariffs on Russia if Putin does not agree to a deal to end his invasion of Ukraine in 50 days.Trump also endorsed NATO and affirmed his support for the organization’s common defence principle, according to his interview from the Oval Office.Market reactionAt the time of writing, the US Dollar Index (DXY) is trading 0.13% lower on the day to trade at 97.98. US Dollar FAQs…
Analysts expect the U.K. to print softer inflation numbers for June, which would keep the Bank of England’s (BOE) easing plans on track. But our Event Guide for the June U.K. CPI also lays out the chance of a sell-the-rumor, buy-the-news move or even a hotter-than-expected report that backs the BOE’s more measured approach to easing. If the CPI report gives Sterling a lift, these GBP/USD and EUR/GBP setups could open the door to potential trades. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term…
Weaker than expected U.K. inflation could seal the deal for an August BOE rate cut (and more!) so I’m looking at these potential breakouts on GBP/AUD and GBP/JPY if this happens. Our Event Guide for the June U.K. CPI points out that the manufacturing and services sectors reported steep price declines for the month, supporting the odds of a downside surprise. 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