Asia FX muted but heads for Jan gains; dollar steadies with Fed chair in focus
Asia FX muted but heads for Jan gains; dollar steadies with Fed chair in focus
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Asia FX muted but heads for Jan gains; dollar steadies with Fed chair in focus
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Last week was dominated by developments out of the US and UK, not just because of monetary policy decisions, but also the unexpected announcement of a US-UK trade deal. Fed’s hold and BoE’s cut were were largely overshadowed by the surprise trade breakthrough. Importantly, the structure of the agreement offered valuable insights into the US…
EURJPY in the fourth week of losses Short-term bias skewed to the downside Next stop could be near 158.00 EURJPY is set to post its fourth consecutive negative week, having retraced more than half of its September-October uptrend to reach the 159.00 level on Wednesday. The 61.8% Fibonacci retracement level of 159.55 came to offer…
Is it just a matter of time before the impact of tariffs hits data? The Tariff Lag: Waiting for the Data to Bite If I said on April 2, when President Trump announced reciprocal tariff details, that two months later stocks would be rallying, bonds consolidating, inflation data tame and employment holding up, you would…
In the latest data release from the U.S. Commodity Futures Trading Commission (CFTC), the net speculative positions for the Australian Dollar (AUD) indicate a further deepening of bearish sentiment among market participants. As of July 11, 2025, the net speculative positions have moved to -74.3K, down from -70.1K previously. This shift signifies a growing consensus…
Ever wonder if a robot could trade Forex for you while you sit back and relax? Welcome to the world of AI in Forex trading. Artificial… Source link
If you’ve been trading lately, you probably saw the markets flip from cautious optimism to full-on panic in record time. So what lit the fuse this time? If you guessed a central bank announcement or a big economic report miss, not quite. This time, it was a single, long social media post from the U.S….