Author: FX
All eyes are on the U.S. December inflation report, which could reshape traders’ interest rate expectations ahead of the Fed’s next meeting. Our Event Guide for the U.S. December CPI highlights that leading indicators, such as business surveys, suggest persistent price pressures. Even the latest PPI report, while slightly lower for the month, still points to sticky high inflation. If inflation remains elevated, expectations of higher-for-longer rates could keep the USD supported against major currencies like the CHF and AUD. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free…
Dollar traders seem to be biting their nails ahead of the U.S. CPI release, as a huge miss could revive aggressive Fed rate cut expectations. Our Event Guide for the U.S. CPI Report points out that the PPI data already fell short of market estimates, potentially weighing on overall consumer inflation. Will we see a breakdown on USD/CAD and USD/JPY if this happens? 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…
With Fed interest rate expectations still being a major theme for financial markets these days, what will the upcoming U.S. CPI release imply for policy biases? How will the dollar react and how will the numbers impact overall market sentiment? Here’s what to look out for in the December inflation 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 Access to exclusive MarketMilk™ sections Plus More! Source link
With the Reserve Bank of Australia (RBA) already shifting towards a more cautious stance, can weaker hiring growth make policymakers even more dovish? Or will labor market resilience prevail? Here are the points you need to know when trading the upcoming Australian employment 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 Access to exclusive MarketMilk™ sections Plus More! Source link
Later today, Wednesday, 15 December, we get the US consumer inflation data for November 2024 due at 1330 GMT which is 0830 US Eastern timeEarlier posts:The PPI was out on Tuesday:This snapshot from the ForexLive economic data calendar, access it here.Taking a look at the range of expectations compared to the median consensus (the ‘expected’ in the screenshot above) for the key data points:CPI Headline y/y range of estimates:CPI Headline m/m:CPI excluding food and energy (the core rate of inflation) y/y:CPI excluding food and energy (the core rate of inflation) m/m expected 0.3% with the range showing:***Why is knowledge of…
NZD/USD trades with mild gains around 0.5600 in Wednesday’s Asian session. US PPI came in softer than expected last month. Expectations that Trump will impose graduated tariffs increasing by about 2% to 5% a month might help limit the pair’s losses. The NZD/USD pair posts modest gains to near 0.5600 on Wednesday during the Asian trading hours. The cooler-than-expected US December Producer Price Index (PPI) inflation data drags the US Dollar (USD) lower and creates a tailwind for the pair. The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, weakens to around 109.20 after…
Losing money in forex trading can happen fast without the right tools. A stop-loss order helps limit these losses by setting a clear exit point. This article will explain the importance of using stop-loss in forex trading, how it works, and its benefits. Keep reading to protect your trades better! Key Takeaways A stop-loss order limits losses by closing trades when prices hit a set level, like 50 pips below the entry price. It protects trading capital, prevents large losses, and supports emotional discipline during market swings. Using tools like S and R levels or the 1% rule helps place…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Third Point, one of the hedge fund industry’s most closely watched investors, promoted Joshua Targoff to president as it prepares to build out its credit platform. Billionaire investor Daniel Loeb, who founded Third Point in 1995, announced Targoff’s promotion on Tuesday in an investor letter seen by Reuters. Targoff has been the firm’s chief legal officer and chief operating officer. He joined Third Point 17 years ago and has been a partner since 2012, helping launch Third Point Reinsurance, spearheading the firm’s litigation finance strategies and playing a critical role in Third Point’s…
Tatsuo Yamasaki is a former Japanese vice minister of finance for international affairs.He spoke with Japanese media, Nikkei, saying Trump would do well to cooperate with Tokyo on weakening the overly strong dollar.more to come This article was written by Eamonn Sheridan at www.forexlive.com. Source link
AUD edges up to 0.6180 on Tuesday, off multi-year lows. Fed rate-hold expectations in January underpin the US Dollar. Soft Australian fundamentals, China slowdown cap Aussie recovery. The Australian Dollar (AUD) rebounded from 0.6130, its lowest level since April 2020, to reach 0.6180 on Tuesday, buoyed by firm commodity prices and a slight improvement in market sentiment. Despite this partial comeback, the pair still remains vulnerable amid a dovish Reserve Bank of Australia (RBA) and an uncertain local economic outlook. Daily digest market movers: Aussie sees some light after soft PPI data from the US The US Dollar Index (DXY)…