Crofts

Tarif risks are yet to materially hurt the US economy, according to the latest non-farm payrolls report. The US created 177k jobs for April, better than the 138k expected, Private sector payrolls were also stronger than expected, and at roughly the same rate as the downwardly revised figure for Marc

AUD/USD extends sideways move within 0.6340-0.6448 area. Key resistance levels in focus as bullish breakout still likely. AUDUSD has been in a tight range for almost two weeks, consolidating its rapid rally from a five-year low below its 200-day simple moving average (SMA) and within the 0.6340-0.64

Long and Short Price Manipulation Models (PMMs) are caused by increased volatility during economic data releases, also known as news events. They were discovered and studied over many years of trading experience by Dmitri Molina, a financial markets analyst at Headway, one of the top forex brokers i

The US Dollar Index takes a breather in Thursday’s early European session. Tariff uncertainty is raising costs in the US, according to the Fed’s Beige Book. US business activity slowed to a 16-month low in April. The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured agains

U.S. equities ripped higher, torching Monday’s doomfest and flipping the tape into full-blown squeeze mode. The S&P 500 popped 2.3% as traders latched onto whispers of trade détente and front-ran a handshake headline blitz. Whether these deals are real or vaporware didn’t matter — not when risk

The March data from industry and construction fell short of market expectations, indicating a more cautious approach from businesses in the face of elevated uncertainty about the global growth outlook. The labour market is less hot as well, with wage growth continuing to moderate. Altogether, the da

》》The US stock market is experiencing mixed performance due to various factors such as global economic conditions, political events, and corporate earnings reports. Let's break down the current situation and future predictions《《 ●Current Market Overview● - The S&P 500, Dow Jones Industrial Avera

Japanese Yen (JPY) is up an impressive 1.0% against the US Dollar (USD) but a mid-performer among the G10 currencies in an environment of material USD weakness, Scotiabank's Chief FX Strategist Shaun Osborne notes. For USD/JPY, the 140 level is critical "The gains are propelling the yen to a fresh l

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower key rates by 25 basis points at the April policy meeting and responds to questions from the press. Key quotes "The Economic outlook is clouded by uncertainty." "Trade disruptions, uncertainty, weigh