Author: fx-dealer

Overview of earnings outcomesThe favorable outcomes from the earnings season have been a key driver in shaping the forex market dynamics, particularly influencing the AUD’s performance. As companies report stronger-than-expected profits, the ripple effect is evident in currency valuations, providing traders with a fertile ground for strategic opportunities. This season, the positive corporate earnings have…

Indices performance and market impactThe week wasn’t all doom and gloom, as several companies managed to shine amid the broader market downturn. Corning led the pack, surging by 12.10% thanks to robust earnings and optimistic future guidance. Western Digital followed closely, with shares rising 11.19% after favorable Q4 results and the announcement of a new…

Resignation details and timelineThis period of transition also offers an opportunity for the Federal Reserve to reassess its priorities and strategies moving forward. The appointment of a new governor could bring fresh ideas and innovative approaches to longstanding issues, potentially leading to shifts in policy that reflect evolving economic realities. Stakeholders will be keenly observing…

impact of new tariffs on global marketsThese evolving trade relationships underscore a critical juncture in global economic trends. Forex traders must be agile, analyzing how bilateral and multilateral negotiations might reshape the economic alliances and influence currency markets. It’s a time of heightened vigilance, where understanding the interplay of global events is paramount for making…

Release timing and initial snapshotDespite the nonpartisan intent behind these revisions, inaccuracies can still occur. Recent payroll data revisions, such as the drop in May from 144K to 19K and June from 147K to 14K, highlight the volatility and potential for significant adjustments. These changes have caused the three-month average to fall to 35K, impacting…

resignation of federal governor KuglerThe Federal Reserve’s decisions are increasingly under the spotlight due to their significant impact on global markets and economies. As President Trump prepares to make new appointments, the political landscape surrounding the Fed’s actions becomes more evident. Historically, the Federal Reserve has maintained a stance of being apolitical, striving to make…

resignation detailsThe resignation of Governor Kugler provides President Trump with an unexpected opportunity to influence the composition of the Federal Reserve Board more swiftly than anticipated. Such appointments are critical as they shape the future direction of U.S. monetary policy, which in turn has a significant impact on global forex markets. The President’s selection will…

Trump suggests firing BLS commissionerThe anticipation of rising CPI and PPI figures underscores the delicate position of the BLS. In an environment where data is both highly scrutinized and politicized, the accuracy and transparency of their reporting are more crucial than ever. The agency’s ability to withstand external pressures and continue delivering reliable data is…

Changes in rig countsCrude oil prices have recently experienced a notable decline, dropping by 2 dollars to settle at .27. This decrease highlights the volatility currently present in the oil market. The price fluctuation has been influenced by various factors, including changes in global supply and demand dynamics. The low point of the day reached…

Labor market slowdownKey Data Highlights: Key Data Highlights: Four regional presidents vote alongside the New York Fed president with a permanent vote: Other board members appointed by President Biden include: Other board members appointed by President Biden include: Fed governors aren’t supposed to be politically motivated, but biases are common. Just days ago, Fed Chair…