Dollar steadies, but on track for sharp weekly loss By Investing.com

Investing.com – The U.S. dollar edged higher in European trade Friday, but was on track for a hefty weekly fall after cooling inflation and weak retail sales brought Federal Reserve rate cuts back into focus.  At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded… ادامه خواندن Dollar steadies, but on track for sharp weekly loss By Investing.com

US import prices for April 0.9% vs 0.3% estimate

Prior month import prices 0.4% MoM revised to 0.6%. Prior month export prices 0.3% MoM revised to 0.1% Import prices for April 0.9% vs 0.3% estimate Export prices for April 0.5% vs 0.4% estimate Import prices for April 1.1% vs 0.4% last month. Highest since December of 2022 Export price YoY -1.0% vs -1.1% estimate.… ادامه خواندن US import prices for April 0.9% vs 0.3% estimate

Pound reinforces its position. Forecast as of 16.05.2024

2024.05.16 2024.05.16 Pound reinforces its position. Forecast as of 16.05.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Many believed that the British pound would plummet after the Bank of England’s hints of monetary easing. However, the GBPUSD pair is hardly afraid of a rate cut, as it is buoyed by the fact that the UK economy is taking off. Let’s… ادامه خواندن Pound reinforces its position. Forecast as of 16.05.2024

AUD/USD Outlook: Aussie Stumbles on Downbeat Employment

Data on Thursday revealed a bigger-than-expected jump in Australia’s employment. Australia’s unemployment rate jumped from 3.9% to 4.1%. Investors raised the likelihood of an RBA rate cut in December to 54%. The AUD/USD outlook has turned slightly bearish as the Australian dollar retreats from recent highs, prompted by an unexpected spike in Australia’s unemployment rates.… ادامه خواندن AUD/USD Outlook: Aussie Stumbles on Downbeat Employment

USD/CHF drops to near 0.9000 due to dovish sentiment surrounding the Fed

USD/CHF extends losses due to growing expectations of multiple rate cuts by the Fed in 2024. Fed’s Neel Kashkari said that the US Fed should maintain policy rates at their current level for longer. Traders await Swiss Industrial Production (Q1) due on Friday, seeking fresh impetus on manufacturing conditions in the country. USD/CHF continues its… ادامه خواندن USD/CHF drops to near 0.9000 due to dovish sentiment surrounding the Fed

Daily Broad Market Recap – May 15, 2024

The market spotlight was on the U.S. CPI release, which sparked a fresh set of volatile moves across asset classes. Which ones ended in the green and in the red? Somewhat weaker than expected U.S. inflation figures reinforced expectations of Fed easing for the year, along with downbeat headline retail sales data. Headlines: Australia’s wage… ادامه خواندن Daily Broad Market Recap – May 15, 2024

MTF MACD Bars MT4 Indicator

The world of technical analysis can feel overwhelming for new traders. With a seemingly endless arsenal of indicators at your disposal, choosing the right tools can be a daunting task. But fear not, intrepid investor! Today, we’ll delve into the exciting world of the MTF MACD Bars indicator for the MT4 platform. This innovative tool… ادامه خواندن MTF MACD Bars MT4 Indicator

Prop Trading Firm AquaFunded to Launch Match-Trade

FMAS:24 | Sneak Peak FMAS:24 | Sneak Peak FMAS:24 | Sneak Peak FMAS:24 | Sneak Peak FMAS:24 | Sneak Peak FMAS:24 | Sneak Peak Here’s a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology. From May 20-22,… ادامه خواندن Prop Trading Firm AquaFunded to Launch Match-Trade

More Upside for the USD/JPY?

Japan Q1 GDP: More Upside for the USD/JPY? XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX;visibility:hidden”> منبع: https://www.orbex.com/blog/en/2024/05/japan-q1-gdp-more-upside-for-the-usd-jpy

Market News – Treasuries rallied, NASDAQ at new high, DXY lower after PPI pop

Economic Indicators & Central Banks: JGB yields slipped, as markets paused amid a recent bond sell-off, awaiting a crucial US inflation report expected to influence the Fed’s short-term interest rate decisions. Remember, that typically yields  move inversely to bond prices. US: Stronger than expected prints on PPI did not have the textbook effects on the… ادامه خواندن Market News – Treasuries rallied, NASDAQ at new high, DXY lower after PPI pop