Author: FX
WH NEC Kevin Hassett: US inflation numbers have been fantastic !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
Once a goldmine for carry traders, Bitcoin futures have flipped, consistently underperforming plain‑vanilla U.S. Treasuries every month since February.Carry trades consistently yielded 20% or more across regulated and unregulated crypto exchanges during the 2021 bull market. The strategy involved shorting Bitcoin futures while simultaneously buying a spot exchange-traded fund (ETF). Now they return just 3% compared with an average 3.8% yield on two-year Treasuries.Traders have long used futures, agreements to buy or sell an asset at a set price on a specific date, to set up trades that profited from the gap between futures and spot prices, known as basis.…
Germany retail sales slump in June despite stronger petrol station sales again !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
The USD/JPY pair tumbles to near 156.45 during the early European trading hours on Monday. The Japanese Yen (JPY) climbs amid speculation that Japanese authorities may have intervened to prop up the currency again after coordinated action between the US and Japan last week.Japan’s Finance Minister Satsuki Katayama said on Monday that Japan and the United States (US) conducted coordinated Yen-buying intervention and will not hesitate to take further action, per Reuters. Katayama confirmed a rare bilateral action to halt the JPY’s slide to fresh 40-year lows. Meanwhile, US Treasury Secretary Scott Bessent said that Washington wouldn’t hesitate to step into…
EUR/USD just broke above a multi-month trend line resistance! Will this lead to a trend reversal for the pair? Source link
Japan’s suspected yen intervention sparked the rally, but BOJ guidance may matter more for whether the currency’s gains can last. Source link
PBOC sets USD/ CNY reference rate for today at 6.7898 (vs. estimate at 6.7364) !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
The CM Williams Vix Fix Indicator MT4 was created to help identify these moments. Instead of following price alone, it measures unusual volatility and highlights conditions that often appear near market bottoms. That doesn’t mean every signal leads to a reversal, but it gives traders another layer of information before making a decision. During testing on EUR/USD and GBP/USD around major economic releases, the indicator often highlighted panic conditions before price stabilized. The next sections explain how it works, where it performs best, and how traders can combine it with other technical tools for better trading decisions. What Is the…
The USD/JPY pair recovers some lost ground to near 157.65, snapping the three-day losing streak during the early Asian trading hours on Monday. Traders remain on high alert for further intervention from the US and Japan after coordinated operations in Tokyo and New York last week triggered a dramatic rebound in the currency.Bloomberg reported that Japan’s Finance Ministry and US Treasury Secretary Scott Bessent are now working together to a degree unseen in decades to shore up the currency. Bessent said that the US wouldn’t hesitate to step into the market again. Meanwhile, Japan confirmed the first joint intervention with…
Tesla drags consumer discretionary sector in July; Ross Stores leads Source link