Asia FX treads water between mixed China PMIs and Fed pause bets By Investing.com

© Reuters. Investing.com– Most Asian currencies moved little on Thursday as markets weighed weak economic data from China against growing bets that the Federal Reserve will pause its rate hike cycle. The dollar steadied in Asian trade after steep losses this week, as weaker-than-expected and data spurred bets that the Fed has limited headroom to

AUD/USD declines to 0.6450 as the USD recovers

Share: AUD/USD retreated below the 20-day SMA towards 0.6450. The August NFP report from the US sent mixed signals from the US labour market. The Greenback benefited from higher-than-expected ISM PMIs. In Friday’s session, the USD initially dropped and found support at the 20-day Simple Moving Average (SMA) of 103.30 but then managed

Donchian Channel MT4 Indicator – ForexMT4Indicators.com

In the fast-paced world of financial markets, traders are always seeking tools that can help them make informed decisions. The Donchian Channel MT4 indicator is one such tool that has gained popularity among traders for its ability to identify trends and potential breakout points. In this article, we will delve into the details of the

Hang Seng, CSI 300 Price Setups

HANG SENG, CSI 300 Index- Outlook: China manufacturing activity improved in August. The CSI 300 index and the Hang Seng Index have yet to witness material strength. What is the outlook and what are the key levels to watch? Recommended by Manish Jaradi The Fundamentals of Trend Trading The improvement in China’s manufacturing activity is

A giant with feet of clay – but not too much.

A new day, a new intervention by Chinese policy makers. But we will get to the solutions in a moment. Let’s start with the problems. Part of this began in the mid-1990s when a metal industry worker from a small rural village, Hui Ka Yan, had an idea: to borrow money to buy land. Sell

Forexlive Americas FX news wrap: US unemployment rate jumps

Markets: Gold flat at $1940 US 10-year yields up 8.8 bps to 4.18% WTI crude oil up $2.25 to $85.88 S&P 500 up 0.1% USD leads, CAD lags The initial market reaction to the non-farm payrolls report was about what you would expect — USD selling, bonds bid — but then it got complicated. The

Dax, S&P 500 and CAC40 See Further Strength in Early Trading

Article by IG Senior Market Analyst Chris Beauchamp DAX 40, S&P 500, CAC 40 Analysis and Charts Dax sees further strength ​After rallying to the 50-day SMA earlier in the week, the index fell back yesterday as the euro strengthened and expectations of a fresh ECB rate hike in September rose. ​The bounce from last