The dot plot comes into focus as the market prices out a September Fed hike

[ad_1] The September dot plot is always the most-interesting one of the year because it’s the closest thing to forward guidance that the FOMC offers. Officials are required to place a year-end dot but there are only two meetings left so it basically says what they expect to happen in the next two meetings. Now

Mixed NFP and Lower Yields Weigh on USD, RBA & Boc up Next

[ad_1] STOP! From December 19th, 2022, this website is no longer intended for residents of the United States. Content on this site is not a solicitation to trade or open an account with any US-based brokerage or trading firm By selecting the box below, you are confirming that you are not a resident of the

GBP/USD Slips Going Into the Weekend, EUR/GBP Little Changed

[ad_1] GBP/USD and EUR/GBP Analysis and Charts The 2023 UK Annual National Accounts revise prior GDP releases higher. Next week’s economic calendar is uninspiring. For all market-moving economic data and events, see the DailyFX Calendar The newly released UK Annual National Accounts 2023 (Blue Book) show that the UK economy grew by more than previously

Description UPD1 Trade Panel Friendly – Other – 1 September 2023

[ad_1] UPD1 Trade Panel Friendly MT4 UPD1 Trade Panel Friendly MT5 (not done yet, no comments) Contents: Panel view (description of buttons) Information window description Visual Settings Panel Position – panel location Left Down Horizontal Left UP Horizontal Left UP Vertical Right UP Vertical Color Theme Auto – tracks the tone of the background color

Asia FX muted, dollar steadies ahead of nonfarm payrolls By Investing.com

[ad_1] © Reuters. Investing.com– Most Asian currencies moved in a flat-to-low range on Friday, while the dollar steadied after an overnight recovery as markets awaited key U.S. nonfarm payrolls data due later in the day. The dollar rebounded from a three-week low on Thursday after data showed that grew much more than expected in July,

USD/JPY stages mild recovery amid mixed US NFP, rising US Treasury bond yields

[ad_1] Share: USD/JPY trades nearly flat at 145.46 after dropping to a three-week low of 144.44. US Nonfarm Payrolls for August beat estimates, but Unemployment Rate misses, keeping the pair in check. Rising US Treasury bond yields lend some support to the USD. The Greenback (USD) stages a recovery against the Japanese Yen

Engulfing MT4 Indicator – ForexMT4Indicators.com

[ad_1] Are you a forex trader looking to improve your trading strategy? The Engulfing MT4 Indicator might just be the tool you need to gain a competitive edge in the dynamic world of trading. In this article, we’ll delve into what the Engulfing MT4 Indicator is, how it works, and how you can effectively incorporate

Can NFP Propel US Stocks Back to Yearly Highs?

[ad_1] S&P 500 Analysis US Equities Recover Lost Ground as Data Sends Real Yields Lower The top 500 US stocks ranked by market capitalization have partially recovered one of the deepest pullback seen during the current bull market. Rising risk-free rates (US treasuries) at a time when inflation has declined, has resulted in higher US

Treasuries & Stocks Rally on Jobs Data, USD Tumbled

[ad_1] Treasury yields and the Dollar tumbled while equity futures rallied on the August jobs report that showed more cooling than expected. This report was close to Goldilocks with slowing in employment with a 2023 average monthly gain of 236k versus 399k for 2022. The unemployment rate jumped, due to a big surge in the

Fed’s Mester: Inflation still too high, but sees progress

[ad_1] Federal Reserve Bank of Cleveland President Loretta Mester gives closing remarks onsite before hybrid Inflation: Drivers and Dynamics Conference 2023 in Frankfurt, Germany. She’s well-traveled at the moment as she spoke at Jackson Hole a week ago. Job market still strong amid signs of rebalancing 3.8% jobless rate is still low Main Fed debate