Author: FX
The Greenback is back in the green on strong NFP numbersFocus shifts now to Fed Chairman Jerome Powell speaking. The US Dollar Index is back above 102.00 and looks to close above the level before the weekend.The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is rallying after some strong Nonfarm Payrolls numbers. China is lashing out at the US tariffs by imposing a 34% tariff on all US goods from April 10th, a day after the US tariffs will be imposed. The focus now shifts towards Federal Reserve (Fed) Chair Jerome…
With the U.S. dollar and the global stock markets having a huge bearish reaction to Trump’s “Liberation Day” and gold surging to fresh record highs yet again, is it still worth jumping in these big moves or is it too late? Here are some questions you can ask yourself before you even think about chasing a move: 1. Are the factors that caused the move still in play? As the saying goes, the only thing constant is change. And when it comes to trading, changes can happen pretty quickly. Before trying to go with the flow, make sure that the…
I want to set up a tariffs response headquarters soon.Trying to set up a phone call with Trump first.I was asked to have a call with Trump soon.Explained government measures on tariffs to party leaders.World leaders are trying to decide on the appropriate response to Trump’s tariffs. Ishiba said that the imposition of the tariffs is a looming national crisis that requires an unprecedented response.He’s leaving the door open for retaliatory measures or take the issue to the WTO. Analysts expect the tariffs to push down Japan’s growth by 2.9% in the medium-term. This article was written by Giuseppe Dellamotta…
Gold price meets with a fresh supply on Friday, though the downside potential seems limited.Trump’s tariffs-inspired risk-off mood might continue to act as a tailwind for the precious metal.Fed rate cut bets weigh on the USD and also contribute to limiting losses for the XAU/USD pair.Gold price (XAU/USD) maintains its offered tone through the first half of the European session on Friday and currently trades below the $3,100 mark, down for the second successive day. The downtick lacks any obvious fundamental catalyst and could be attributed to some repositioning trade ahead of the crucial US monthly employment details, or the…
The Trend Predictor MT4 Indicator is a specialized tool designed for traders using MetaTrader 4 (MT4) to analyze market trends. Its primary function is to identify the prevailing direction of the market by using historical data and advanced algorithms. This indicator generates clear buy or sell signals, making it easier for traders to understand when to enter or exit a trade. Whether you’re new to forex or an experienced trader, the Trend Predictor simplifies the process of trend forecasting, reducing the guesswork involved in making trading decisions. How Does the Trend Predictor MT4 Indicator Work? The Trend Predictor MT4 Indicator…
The Range Ratio MT4 Indicator is an essential tool for traders who want to better understand market volatility and price movements. In the fast-paced world of trading, one of the most significant challenges traders face is predicting market trends and determining the right entry and exit points. Without the right indicators, traders may find themselves making decisions based on emotions or incomplete information, leading to poor trading results. The Range Ratio MT4 Indicator offers a solution by giving traders a clear picture of market fluctuations and volatility. With its powerful functionality, it helps traders identify potential price shifts, making it…
AUD and kiwi$ have both slumped.Apart from what has already been posted there is no fresh news. This direction makes more sense sense to me after the tariffs, rather than the rise we had post-tariff announcement This article was written by Eamonn Sheridan at www.forexlive.com. Source link
Risk assets and the U.S. dollar barely stood a chance during the aftermath of Trump’s “Liberation Day” tariffs announcements, as trade war shots were fired by targeted economies, further clouding the global growth outlook. Here are the latest developments you need to take note of: Headlines: Australia S&P Global Services PMI Final for March 2025: 51.6 (51.2 forecast; 50.8 previous) Australia Balance of Trade for February 2025: 2.97B (5.1B forecast; 5.62B previous); Exports: -3.6% m/m (1.3% m/m previous); Imports: 1.6% m/m (-0.3% m/m previous) Japan Jibun Bank Services PMI Final for March 2025: 50.0 (49.5 forecast; 53.7 previous) China Caixin Services…
Bank of Japan Governor Kazuo Ueda said early Friday that US tariffs are likely to exert downward pressure on Japan and the global economies.Key quotesUS tariffs are likely to exert downward pressure on Japan, global economies.Hard to say now how US tariffs will affect Japan’s price moves.Will closely monitor US tariff impact on Japan, overseas economic and price developments in deciding monetary policy.We will scrutinise data, including from hearings, available at the time of each policy meeting to gauge US tariff impact on Japan’s economy, prices.We will guide monetary policy appropriately from the standpoint of sustainably achieving 2% inflation target.When the external environment…
This tool is a game-changer for traders using MetaTrader 4, offering a simple yet powerful way to analyze market trends. By providing real-time insights into momentum and price movements, this indicator helps traders make more accurate decisions, ultimately improving their success rate. In this article, we’ll explore how the Amazing Oscillator works, its features, and how it can help you take your trading to the next level. The Problem: Difficulty in Identifying Market Trends For many traders, identifying market trends and timing trades accurately can be a challenge. Without proper indicators or tools, it’s difficult to predict whether prices will…