Author: FX
Explainer-Why Italy's PM Meloni got caught up in Libyan war crimes case Source link
In forex trading, there is only one thing you are in control of: yourself. Markets can move this way and that, you can score some winning trades, and you may wind up losing some of your trades, but the bottom line is that the amount you win or lose is still under your control. Research and analysis play important roles in coming up with good trade ideas, of course, but there will always be those market-shocking events that happen out of the blue. This is where preparation and proper trade execution become crucial to reduce your potential losses from unexpected…
EUR/JPY slides to near 161.60 as the Euro faces selling pressure ahead of the ECB policy meeting on Thursday. The ECB is almost certain to cut its Deposit Facility rate by 25 bps to 2.75%. Growing bets towards more interest rate hikes from the BoJ this year have boosted the Japanese Yen. The EUR/JPY pair slumps to near two-day low of 161.60 in Wednesday’s European session. The cross faces a sharp selling pressure as the Euro (EUR) underperforms its major peers, except antipodeans, as market participants are confident that the European Central Bank (ECB) will cut its Deposit Rate by…
Stifel Financial raises dividend by 9.5% to $0.46 a share Source link
The Fed is widely expected to sit on its hands for the time being, so traders are keen to find out when the next policy moves might be. Our Event Guide for the January FOMC Decision points out that several FOMC members have been calling for a more measured approach to easing, given the latest economic improvements. Check out these potential breakouts on USD/JPY and USD/CAD if the Fed shifts to a more hawkish stance this week. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable…
After cutting interest rates back in December, is the ECB still dovish enough to ease again this month? Policymakers have been reiterating a gradual approach to easing, but a handful seem inclined to announce yet another 0.25% rate cut. Here are the points you need to know about the upcoming ECB decision. 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 Access to exclusive MarketMilk™ sections Plus More! Source link
Gold’s sitting just under the key $2,800 level and looks like it’s shaping up for a potential reversal. Are gold bugs just catching their breath, or is this the start of a longer-term trend shift? We’re taking a closer look at the 4-hour chart for clues! Gold (XAU/USD) 4-hour Forex Chart by TradingView Gold’s been delivering pips all week as traders steer clear of “riskier” assets amid global growth jitters and trade worries. Meanwhile, the U.S. dollar is struggling to hold onto its gains, with markets already pricing in a Fed rate cut—and potentially more down the road—following Trump’s push…
TradeCompass: Bitcoin Futures Price Prediction and Analysis for Today (January 29, 2025)At the time of this Bitcoin futures analysis, Bitcoin futures are trading at 102,400. Below is the comprehensive breakdown of today’s bullish and bearish scenarios for Bitcoin futures, following the TradeCompass guidelines.Bullish Scenario for Bitcoin Futures TodayWe will turn bullish above 102,670, positioning us above the highest VWAP level of yesterday and the value area high (VAH) of two days ago. Here are the bullish profit targets:102,855 – A quick initial profit target near yesterday’s POC and VAH.Note: The proximity of the first partial profit target to the bullish…
GBP/USD holds ground near 1.2450 ahead of Fed policy decision GBP/USD remains steady after registering losses in the previous session, trading around 1.2440 during the Asian hours on Wednesday. The pair’s downside could be attributed to the increased risk aversion due to tariff threats made by US President Donald Trump. President Trump announced plans on Monday evening to impose tariffs on imports of computer chips, pharmaceuticals, steel, aluminum, and copper. The goal is to shift production to the United States (US) and bolster domestic manufacturing. Read more… GBP/USD drops as Trump’s tariff threat boosts US Dollar The Pound Sterling extended…
After cutting its rates in December, the Fed is expected to keep its interest rates steady in January. But that doesn’t mean we won’t see increased volatility! Our Event Guide for the January FOMC Decision suggests that the Fed could hint at further rate cuts, keeping pressure on USD’s prices. Here’s why we’re looking at EUR/USD and USD/CHF’s trends if JPow and his team turn out to be more dovish than expected: 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…