Pausing While Watching Middle East and Awaiting Second Round of Powell Testimony June 25, 2025 A fragile truce in the Iran-Israeli military conflict is mostly holding. Today is day two of a three-day NATO summit in The Hague. Agreement on a sharp increase in defense spending heads the agenda. In the wake of Middle Eastern…
“Can I use the IQ FX Gann Levels indicator on the M15 chart?”This is a question we hear often from our traders. The short answer is — Yes, absolutely! But if you’re aiming for the best entries with the lowest stop-loss and highest risk-reward, there’s something important you should know… Let’s Break It Down with…
Next Week’s Menu: June 21-27, 2025 June 20, 2025 Central Banks: Monetary policy reviews are scheduled in the Czech Republic, Mexico, Thailand, Morocco, and Hungary. Fed officials with public speaking engagements include Powell, Barkin, Barr, Williams, Cook, Hammack and Waller. Several Bank of England policymakers will be doing so as well. Special Events: The aforementioned…
Price Data and U.S. Policy Opacity June 20, 2025 U.S. policies in a variety of areas have become less clear. The Trump administration is keeping the numbers on immigrant round-ups and deportations close to the vest. Business owners have become more vocal about the havoc to business operations that ICE activity is producing. Whether or…
Inflation and currency value are deeply connected. When inflation rises, the purchasing power of a currency often declines. This decline influences how that currency performs in the global market. As prices go up, currencies may depreciate due to reduced investor confidence and economic instability. Traders, investors, and central banks closely monitor this connection. Understanding the…
25-Basis Point Central Bank Interest Rate Cuts in the Philippines and Norway June 19, 2025 The Central Bank of the Philippines’ policy interest rate was cut today by 25 basis points to 5.25%, a 30-month low. This move was the fifth quarter percentage point drop since last August. Consumer price inflation of 1.3% last month…
Brazilian Interest Rate Hike June 19, 2025 The Central Bank of Brazil’s Selic interest rate was increased by another 25 basis points to 15.0%, which represents its greatest elevation in a little more than a decade. The vote was unanimous, and the new rate is up from 10.5% as recently as last September. Brazilian CPI…
Swiss Interest Rate Cut to Zero Percent June 19, 2025 The Swiss National Bank policy interest rate as expected was sliced 25 basis points to zero percent, its lowest level since September 2022 and down from a peak of 1.75% reached in June 2023 and maintained until an initial cut in March 2024. Swiss consumer…
A U.S. Holiday and Many Central Bank Policy Reviews June 19, 2025 In spite of the current U.S. govenment’s crusade against DEI, June 19 remains a federal holiday commemorating the end of slavery in 1865. Banks, the U.S. stock exchanges and non-essential federal offices are shut. In overnight trading abroad, the dollar rose 0.8% against…
FOMC Statement, Projections and Press Conference June 18, 2025 Statement: No significant changes were made from the May 7 statement. Swings in net exports were observed but do not change the strong continuing pace of growth. Unemployment remains low; labor markets are still solid; and inflation remains somewhat elevated. The federal funds target was not…