Author: FX
Can another set of cooling inflationary pressures convince the Fed to shift back to a more dovish stance? Or will we see strong CPI figures that could reinforce their hawkish views? Here are the points you need to know when trading the upcoming U.S. CPI 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 Unlimited Access access to MarketMilk™ Plus More! Source link
Asset classes and major forex pairs were all over the place, as the prospect of more U.S. tariffs kept market watchers on edge. Gold took advantage of all the uncertainty and hit fresh record highs at the $2,900 levels. Here are the latest economic updates and headlines you need to know! Headlines: Chinese CPI in January: 0.5% y/y (0.4% forecast, 0.1% previous) China’s PPI in January: -2.3% y/y (-2.2% forecast, -2.3% previous) Japanese Economy Watchers sentiment index in January: 48.6 (49.7 expected, 49.9 previous) Eurozone Sentix investor confidence index in February: -12.7 (-16.4 expected, -17.7 previous) U.S. Cleveland Fed inflation…
Catherine Mann, Bank of England policymaker and member of the Monetary Policy Committee is hitting the speaking circuit today:0845 GMT/0345 US Eastern time, gives a lecture on Britain’s economic prospects at Leeds Beckett University1730 GMT/1230 US Eastern time, speaks at central bank event in SheffieldMann spoke earlier, I don’t expect she stray too fart from the message here:BoE’s Mann says UK inflation is less of a threat, prices coming close to 2% target This article was written by Eamonn Sheridan at www.forexlive.com. Source link
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1716 as compared to the previous day’s fix of 7.1707 and 7.3067 Reuters estimates. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank also aims to implement financial reforms, such as opening and developing the financial market. The PBoC is owned by the state of the People’s Republic of China (PRC), so it is not considered an autonomous institution. The…
Forex trading can be tricky. Many traders struggle to make sense of market moves. Fundamental analysis helps traders understand why currencies change value. This blog post will teach you the basics of fundamental analysis in forex. Get ready to boost your trading skills! Key Takeaways Fundamental analysis looks at big economic factors like GDP, inflation, and interest rates to understand currency value changes. Key economic indicators for forex traders include GDP, Consumer Price Index (CPI), and central bank policies. This method helps spot long-term trends and grasp market sentiment, guiding smarter trading decision choices. Mixing fundamental analysis with technical…
Trump: Gaza ceasefire should end Saturday if hostages not released Source link
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…
The US Dollar maintained its bullish bias at the start of the new trading week, as investors remained concerned about the likelihood of a global trade war ahead of Chief Powell’s key testimony. Here is what you need to know on Tuesday, February 11: The US Dollar Index (DXY) extended its recovery north of the 108.00 hurdle amid tariff concerns and despite the downward bias in US yields. Chair Powell’s semi-annual testimony grabs all the attention seconded by the NFIB Business Optimism Index and the speeches by the Fed’s Hammack, Bowman and Williams. EUR/USD extended its leg lower and revisited…
Seeking AI boom, France and EU promise to cut red tape on tech Source link
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…