Author: FX

MILAN (Reuters) -Generali and France’s BPCE said on Tuesday they had signed a non-binding memorandum of understanding (MoU) to combine their asset management operations aiming to create Europe’s largest player by revenues. The deal, which comes as the industry grapples with thinning profit margins, competition from U.S. giants and fast-evolving technology demands, is expected to be completed by early 2026, the two companies said in a statement. Under the deal, BPCE’s Natixis Investment Managers and Generali (BIT:) Investments will each own 50% of the combined business with “balanced governance and control rights”, they said in the statement. The new company…

Can Canada’s upcoming CPI report keep the Bank of Canada (BOC) on its dovish stance or will we see signs of a pickup in price pressures? Here’s what you need to know when trading this top-tier release. 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

Will a hot New Zealand CPI print boost the Kiwi against European currencies? Our Event Guide for the NZ Q4 2024 CPI highlighted mixed leading indicators but noted that annual inflation may hold within the RBNZ’s target range. But with New Zealand seeing rising producer prices and inflation expectations, there could be upside potential in the upcoming release. 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

Atsushi Mimura is Japan’s vice finance minister for international affairs, AKA ‘top currency diplomat’.Japan’s finance ministry is the relevant authority in Japan for ordering intervention in the JPY. Mimura has taken over from Kanda in charge of the relevant department, so it’s him who would be directing Bank of Japan intervention, should it come to that.Mimura spoke with Reuters:Japan’s economy beyond April appears “not that bad,” supported by business investments.Japan’s real consumption appears weak.Must closely watch the next US administration’s moves, when asked about forex.No comment on BOJ’s monetary policies. Source link

Bitcoin made an attempt to set a fresh record high earlier this week but retreated from the resistance once again. Is BTC/USD in for sideways trading from here? Check out these support and resistance zones I’m watching on the 4-hour chart: Bitcoin (BTC/USD) 4-hour Forex Chart by TradingView Bitcoin bulls have been charging in the past few days, taking BTC/USD back up to the highs near R1 ($108,633) before retreating sharply. Price is inching close to the middle of its range and might be in for a test of the area of interest around $100K soon. Will it bounce or…

Will we see another set of downbeat inflation readings from New Zealand? Our Event Guide for the NZ Q3 2024 CPI noted that underlying inflation metrics looking mixed but likely enough to keep annual CPI within the RBNZ target range. If the numbers are enough to keep dovish RBNZ expectations in play, better keep tabs on these AUD/NZD and NZD/JPY support zones! 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!…

The Australian Dollar loses ground due to increased risk aversion as traders focus on Trump’s economic policies, including tariffs. The S&P/ASX 200 Index rose to nearly 8,400, reaching its highest level in six weeks. President Trump intends to instruct federal agencies to review tariff policies and assess the relationships with Canada, Mexico, and China. The Australian Dollar (AUD) pares back its recent gains on Tuesday after a strong performance in the previous session. Despite this, the AUD/USD pair advanced as the US Dollar (USD) weakened, with traders closely watching for updates on US President Donald Trump’s economic policies, particularly regarding…

  Many traders struggle with emotions in the forex market. A strong Forex Trading Mindset is more important than any trading strategy. This article explains how to control emotions, build discipline, and improve decision-making. Start mastering your mindset today! Key Takeaways A strong trading mindset, including discipline and patience, is more important than strategies. Only 2% of traders succeed long-term due to mental focus. Fear and greed harm decisions. Tools like mindfulness and a solid trading plan reduce emotions during market changes. Successful traders follow plans, manage risks with stop-loss orders, and avoid risking more than 1–2% per trade. Keeping…

By Raphael Satter WASHINGTON (Reuters) -President Donald Trump has ordered federal workers to return to the office five days a week, signing an executive order in front of cheering supporters at Washington’s Capital One (NYSE:) Arena on Monday. The move would force large numbers of white collar government employees to forfeit remote working arrangements, reversing a trend that took off in the early stages of the COVID-19 pandemic. Some of Trump’s allies have said the return-to-work mandate is intended to help gut the civil service, making it easier for Trump to replace long serving government workers with loyalists. In a…

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…