Asia FX flat as dollar rises before payrolls test; yuan firm after strong CPI
Asia FX flat as dollar rises before payrolls test; yuan firm after strong CPI Source link
Asia FX flat as dollar rises before payrolls test; yuan firm after strong CPI Source link
China’s consumer prices accelerated to their fastest pace in nearly three years in December while producer prices remained mired in deflation for a 40th consecutive month, reinforcing expectations for additional policy support. Headline CPI rose 0.8% year-on-year versus the previous 0.7% gain as expected while the PPI slipped 1.9% year-on-year, better than the expected 2.0%…
EUR/CHF made a couple of failed attempts to break below the .9280 area and is now completing a double bottom pattern. Can it break above the neckline next? Or will it see another dip back to the lows? Better keep your eyes on this resistance zone currently being tested! EUR/CHF 4-hour Forex Chart by TradingView…
The FVG MT5 Indicator scans price charts and highlights areas where the market made a quick jump, leaving a gap behind. These gaps happen when buyers or sellers get so aggressive that they push the price up or down without much trading in between. Think of it like a crowd rushing…
Non-farm Incoming! Data: 🟦 Global Rates / Yields S. Treasuries (Fed H.15, Jan 08): 2Y 3.47% | 10Y 4.15% | 30Y 4.82% — long-end eased slightly into key U.S. payroll risk, while the front-end stayed anchored. Japan (10Y JGB, Jan 08): 076% — still near multi-decade highs despite a sharp daily pullback, keeping global duration…
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The short-term trend on CAD/JPY has just weakened relative to the medium-term backdrop, triggering a fresh moving average crossover. This development appears after an extended climb from the 108–110 area to above 114, where the price recently stalled. Bearish traders waiting for potential fatigue in the prior uptrend may find this crossover worth monitoring. Welcome…
Infinity Gold EA: Advanced Automated Trading for XAUUSD In the world of automated trading, finding an Expert Advisor (EA) that combines sophisticated risk management with intelligent market analysis is crucial for consistent performance. Infinity Gold EA represents a specialized solution designed exclusively for trading XAUUSD (Gold), one of the most volatile and potentially profitable instruments…
The Big Picture: President Trump wants the United States to control Greenland, a huge Arctic island currently owned by Denmark. After the U.S. military operation in Venezuela, traders are asking: could this actually happen? And what would it mean for markets? What’s Actually Happening? President Donald Trump has been talking about acquiring Greenland on and…
Since the November ISM PMI reports painted a mixed picture of the U.S. economy, market watchers looked ahead to the December figures to hopefully gain more clarity. Instead, the latest batch of PMI readings further highlighted the diverging performance of the manufacturing and services sectors, giving an even more muddled outlook for U.S. recession odds…