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AUD Sharply Higher as Australian Economy Added 64.1K Jobs in September
Australian jobs numbers for September were mostly in the green, with the economy reporting a much faster pace of hiring for the month at 64.1k versus an expected increase of 25.2k. This was enough to keep the unemployment rate at 4.1%…
Are You Following The Trading Rules You’ve Set?
If you ask a group of profitable Forex traders what is the secret to their success, you will probably hear the word “consistency” more than once.
Unfortunately, achieving consistency is easier said than done.
But by creating a process…
FX Watch: AUD/NZD and AUD/CHF Bullish Setups on Tight Aussie Jobs Data
Our events guide to the September Australian jobs report suggests that jobs growth may continue, albeit at a slower pace. Stronger than expected numbers will support the RBA's stance that the labor market remains tight, giving the…
Daily Broad Market Recap – October 15, 2024
Some risk-off flows were seen in the markets, as crude oil continued to decline and US stock indices closed in the red.
Meanwhile, volatility rose in the forex arena due to high-profile releases, including the UK jobs report and Canada's…
New Zealand CPI Fell to RBNZ’s Target Range in Q2 2024
New Zealand's quarterly CPI reading came in slightly weaker than expected at 0.6% versus 0.7% in the second quarter of 2024, bringing the annual inflation reading down from 3.3% to 2.2% - within the central bank's target range of 1-3%.
…
S&P 500 Forecast: UBS Predicts Index to Hit 6,200 by June 2025
UBS maintains an S&P 500 forecast of 6,200 by June 2025, citing strong gains in AI and favorable U.S. economic conditions as driving factors.
Chart Art: EUR/JPY’s Range Resistance Remains Intact!
Euro speculators maintain their position against the yen ahead of the European Central Bank's policy announcement!
Do you think that the EUR/JPY pair will remain within its range pattern in the following trading sessions?
Or is the pair…
FX option expiries for 15 October 10am New York cut
There are some great stocks on the board today but they may not be activated given the current spot price levels.The EUR/USD pair is at 1.1000, but with the dollar holding strong, this is unlikely to affect the price action in the next…
Dollar keeps steadier as the week looks to pick up
Intraday changes are mild but we are seeing some interesting levels impact the USD pairs. EUR/USD is starting to move towards testing levels below 1.0900 with USD/JPY approaching the 150.00 mark. This comes despite risk trading rising…
Asia FX weakens, dollar at over 2-mth high on bets of smaller rate cuts By Investing.com
Investing.com -- Most Asian currencies fell on Tuesday, while the dollar held steady at its highest level in more than two months amid continued bets that the Federal Reserve will cut interest rates at a slower pace.
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