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UPCOMING EVENTS: Monday: NY Fed Inflation Expectations. Tuesday: US NFIB Small Business Optimism Index, US PPI. Wednesday: UK CPI, US CPI. Thursday: Japan PPI, Australia Employment report, UK GDP, US Retail Sales, US Jobless Claims, US Import Prices, US NAHB Housing Market Index, New Zealand Manufacturing PMI. Friday: China activity data, UK Retail Sales, US…
Mon: UK Market Holiday (Bank Holiday), German Ifo (Aug) Tue: CBRT Minutes, Chinese Industrial Profit (Jul), German GfK Consumer Sentiment (Sep) Wed: Australian CPI (Jul), Nvidia (NVDA) Earnings (Q2) Thu: Spanish Flash CPI (Aug), German State CPIs (Aug), EZ Sentiment Survey (Aug), US GDP (2nd) and PCE (Q2) Fri: Japanese Tokyo CPI (Aug), French Prelim…
The currency markets finished the week on a mixed note. While the US Dollar found support against risk-sensitive currencies like the Australian and New Zealand Dollars—mirroring the sell-off in the Nasdaq—it struggled to gain ground against the Euro and Canadian Dollar. The greenback’s performance reflects a market caught between “safe-haven” flows and specific regional strength….
It has been announced that a meeting between the Presidents of the United States and Russia will take place this week. Donald Trump and Vladimir Putin are expected to meet in Alaska. This will mark the first face-to-face talks between the leaders of the two major powers since 2021, when Putin met with Biden in…
For any aspiring trader, navigating the exhilarating yet often treacherous waters of the financial markets requires a robust toolkit. While technical analysis and a keen understanding of market dynamics are crucial, one fundamental aspect often gets overlooked: risk management. This is where the ingenious invention the Money Management Calculator 0.1 MT4 Indicator steps onto the…
The EUR/JPY market has entered a period of heightened volatility, with downward forces currently dominating. The market had been bearish with moderate volatility in previous sessions, but this volatility has intensified since the market tested the support near the 151.00 mark. Key Price Levels:Resistance Levels: 155.00, 160.00, and 165.00Support Levels: 150.00, 145.00, and 140.00 EUR/JPY…