Author: FX
Australia’s May monthly CPI, due Wednesday at 11:30am AEST, is expected to show headline inflation edging higher annually despite a sharp fuel-driven monthly fall, with trimmed mean seen rising to around 3.5-3.6%yr. investingLive Exclusive 2h ago Source link
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, remains steady after registering modest gains in the previous day and is hovering around 101.00 during the Asian hours on Tuesday.The US Dollar Index remains near a 13-month high of 101.13, reached on June 19, amid a hawkish sentiment surrounding the Federal Reserve (Fed) policy outlook. The US Fed opted to hold its benchmark interest rate steady between 3.50% and 3.75% in June.However, the updated economic projections and commentary from Kevin Warsh, presiding over his first meeting as Fed Chair, surprised the…
The SSl Hybrid Indicator MT4 is a technical tool that combines trend-following logic with smoothed signal filtering. It is often built around moving average behavior, price momentum shifts, and confirmation triggers that help traders identify directional bias more clearly. In simple terms, it attempts to answer one question: is the market truly trending or just moving sideways? Unlike basic moving averages that react slowly, this hybrid model typically uses layered calculations. One layer tracks short-term price movement, while another filters out noise using longer-period smoothing. When both layers align, the indicator prints a clear directional signal on the chart. For…
Will Australia’s upcoming CPI release extend the RBA’s tightening pause? Or will it convince policymakers to hike again soon? Here’s what to look out for. Source link
USD/JPY is acutely sensitive to any official confirmation of these talks, with the yen already within a whisker of levels that triggered record intervention earlier this year. A break above 161.96 would take the pair to its weakest since 1986, a psychologically and politically significant threshold that raises the probability of unilateral Japanese action. The fact that Katayama is speaking directly with Bessent rather than through lower-level channels suggests Tokyo is seeking at minimum a degree of US acquiescence before moving, which markets will read as intervention risk being live rather than theoretical. Commodity markets with yen exposure, including oil…
Oil fell sharply as US-Iran talks in Switzerland yielded a 60-day roadmap, SpaceX’s plunge pressured tech stocks, and the US dollar closed as the session’s top major currency. Source link
The Swiss Franc (CHF) loses ground against the US Dollar (USD) and the Euro (EUR) on Monday as risk appetite improves amid the start of US-Iran talks, which US Vice President JD Vance deemed positive. Also, a hawkish tilt by the Federal Reserve (Fed) and the Swiss National Bank (SNB), which is ready to weaken the Franc, keeps the Swissie pressured throughout the day. USD/CHF rises for the fourth consecutive day and remains near its highest level since last November.Swissie falls as risk appetite improves and policy pressure buildsOn Wednesday, the Fed held its last monetary policy meeting, deciding to…
Trump allies defend him to Israelis anxious over Iran deal Source link
Canada’s inflation rose to 3.2% in May 2026, beating the 3.0% forecast — but gasoline’s 33.2% surge drove most of the gain while core stayed near target. Source link
If you didn’t buy SpaceX shares in the first minutes of trading after the IPO, then you’re probably under water.Shares are having a rough day today as the hype machine dies down. It’s lower by 10.5% to $165.64 and the decline comes after the company filed to sell senior unsecured notes for at least $20 billion. The shares — like the IPO sale — is going to be used to pay back a bridge loan and for ‘general corporate purposes’, which is boilerplate language.The thing is, the company hasn’t generated any growth capital in all the fundraising. That doesn’t point…