₦airaland Forum

BrightFuture48:
Wow! Big Congratulations Alexas58 on your successes left and right. Indeed your confidence is on another level now. I am happy for you and hope you begin raking $$$ payout after payout.

Pls stay safe and calm bro...sky is your beginning not the limit.

If you don't mind pls kindly share your trade history for us to learn from.

Stay blessed!!!

Wow, this is a very insightful and intelligent question to ask 😎

Alexas58:
Thanks
I will check if I have history of the accounts as I’ve deleted the account once I pass the stage

God will continue to bless you sir, I’m sure newbies like us and even some profitable traders can learn a thing or two..

Taking this swing trade on eur nzd

JasonNOTStatham:
cheers! Is Nigerians allowed for KYC? Most futures firms doesn't have Nigeria eligible

We allow kyc for futures but it’s done through rise

GoatFunded:
We allow kyc for futures but it’s done through rise

Hi,
Do you allow NIN for KYC or other documents will be required?
Also, I wanna change my registered name with GFT, hoe do I go about it

Anyone has a maven or other prop firm provider with atleast 50% off price promo or free prop firm accounts link from any trusted prop firm

SlHunters:
Anyone has a maven or other prop firm provider with atleast 50% off price promo or free prop firm accounts link from any trusted prop firm

Equity edge

[quote author=Kaesyrn post=136932359]Not so active here, but check these out

https://x.com/Kaeachiever/status/1971829088060166469?t=NuTM4JSo_4llIO9uYa61yQ&s=35

Also this,

https://x.com/Kaeachiever/status/1971821124859175000?t=lh12V4tqm7lnmJlXLcoVVw&s=35[/quote]

Eku weekend ooo

Hope we all doing good folks

## Dollar Flexes as Economic Vigor Tempers Fed Rate Cut Bets

**Washington D.C.** - The U.S. Dollar Index (DXY) has been on a tear over the past two weeks, fueled by a string of robust economic data that has challenged market expectations for aggressive Federal Reserve rate cuts. A resilient labor market, coupled with upwardly revised growth figures and sticky inflation, has painted a picture of a US economy that remains on solid footing, providing a strong tailwind for the greenback.

### Key Market-Moving Events of the Past 14 Days (September 13 - September 27, 2025)

The period has been marked by several high-impact economic releases that have consistently surprised to the upside, forcing a repricing of monetary policy expectations.

* **Upwardly Revised Q2 GDP:** The final reading for second-quarter Gross Domestic Product showed the economy expanded at a robust 3.8% annualized rate, a significant upward revision from the previous estimate of 3.3%. This stronger-than-expected growth was largely driven by resilient consumer spending, suggesting a healthy level of domestic demand.
* **Strong Labor Market Signals:** Initial jobless claims have remained stubbornly low, falling to 218,000 in the latest report, well below consensus forecasts. This indicates that businesses are hesitant to lay off workers, pointing to underlying strength in the labor market.
* **Resilient Consumer Spending and Inflation:** The August Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve's preferred measure of inflation, came in as expected, but the overall picture of consumer spending remains robust. Data on durable goods orders also surprised with an unexpected increase, further underscoring the health of the consumer and business sectors.
* **Mixed Signals from the Federal Reserve:** While the overarching narrative has been one of economic strength, various Federal Reserve officials have offered differing perspectives on the path of monetary policy. This has introduced a degree of uncertainty, though the recent data flow has emboldened the more hawkish members of the committee.

### DXY Reaction: A Clear Bullish Trend

The cumulative effect of this positive economic data has been a significant rally in the DXY. The index, which measures the value of the dollar against a basket of six major currencies, has climbed to multi-week highs. The market's reaction has been a clear and direct consequence of shifting interest rate expectations. With the economy showing more resilience than anticipated, traders have pared back their bets on the timing and magnitude of future Fed rate cuts. This has widened the interest rate differential between the U.S. and other major economies, making the dollar a more attractive investment.

### Current Fundamental Bias: Bullish with a Hint of Caution

The current fundamental bias for the DXY is firmly bullish. The primary driver is the perception that the Federal Reserve will be forced to maintain a higher policy rate for longer than previously expected to keep a lid on inflation. The outperformance of the U.S. economy relative to its peers, particularly in Europe and parts of Asia, further supports this view.

However, a degree of caution is warranted. The market is highly sensitive to incoming data, and any signs of a significant slowdown in the labor market or a sharper-than-expected decline in inflation could quickly reverse the dollar's recent gains.

### Upcoming Expectations: All Eyes on Jobs Data

Looking ahead, the market's focus will be squarely on the upcoming high-impact economic releases. The **JOLTS Job Openings**, **ISM Manufacturing and Services PMI**, and the crucial **Non-Farm Payrolls report** for September will be instrumental in shaping the DXY's trajectory.

* **Stronger-than-expected jobs data** would likely reinforce the current bullish narrative, potentially sending the DXY even higher as it would further diminish the case for near-term rate cuts.
* **Weaker-than-expected readings**, on the other hand, could be the catalyst for a pullback in the dollar, as it would re-ignite concerns about a potential economic slowdown and bring rate cut expectations back to the forefront.

In addition to the headline numbers, traders will be closely scrutinizing the wage growth and labor force participation components of the jobs report for a more nuanced understanding of the labor market's health. Fed officials' commentary in the wake of this data will also be critical in guiding market sentiment. For now, the path of least resistance for the DXY appears to be to the upside, but the upcoming data holds the key to whether this bullish momentum can be sustained.

You've asked an excellent question. The threat of a government shutdown introduces a significant layer of political risk that directly challenges the current economic dynamics driving the DXY higher.

Based on recent reports, the deadline to avoid a shutdown is **midnight on September 30, 2025**. If Congress fails to pass a funding bill by then, a shutdown would begin on **Wednesday, October 1, 2025**.

Here’s how this new development affects the grand scheme of things for the DXY:

### The Shutdown: A Powerful Counter-Narrative to Dollar Strength

The current bullish case for the DXY is built on a foundation of strong economic data and the expectation that the Federal Reserve will keep interest rates higher for longer. A government shutdown attacks this foundation in several ways:

1. **Injects Uncertainty and Political Risk:** Financial markets despise uncertainty. A government shutdown signals political dysfunction and an inability to govern effectively. This can tarnish the appeal of a country's assets, including its currency. Initially, this is a clear negative for the dollar.
2. **Economic Drag:** A shutdown is not just political theater; it has real economic consequences.
* **Delayed Data:** Crucial economic reports, like the October 3rd jobs report that the market is eagerly awaiting, could be delayed. This blinds both the market and the Federal Reserve, making it harder to assess the economy's health and increasing investor anxiety.
* **Reduced Growth:** With hundreds of thousands of federal employees furloughed (not receiving pay), consumer spending takes a direct hit. The Congressional Budget Office (CBO) estimated that the 2018-2019 shutdown permanently cost the U.S. economy billions. This directly weakens the "strong US economy" narrative.
3. **Impact on the Federal Reserve:** This is the most critical point. The Fed's decisions are "data-dependent." A prolonged shutdown that starts to visibly damage consumer confidence and economic growth could force the Fed to adopt a more dovish stance. The threat of a shutdown alone might be enough to make them more cautious. If the market starts to price in a higher probability of rate cuts *because* of the shutdown's economic impact, it would severely undermine the primary pillar supporting the DXY's recent rally.

### How it Affects the Grand Scheme

Think of it as two powerful forces colliding:

* **Bullish Force (Existing):** Strong economic fundamentals and a hawkish Fed.
* **Bearish Force (New):** Political instability and a potential economic slowdown caused by the shutdown.

The outcome for the DXY depends on which force the market believes is more powerful and enduring:

* **If the shutdown is short-lived (a few days to a week):** History suggests the market will likely treat it as temporary political noise. The negative impact on the DXY would probably be shallow and brief. Once resolved, the focus would snap back to the strong economic fundamentals, and the dollar's uptrend would likely resume.
* **If the shutdown is prolonged (several weeks):** This poses a much graver risk to the dollar. A long shutdown would cause tangible economic damage, increase the chances of a dovish pivot from the Fed, and could lead to a significant correction in the DXY as the entire "US economic outperformance" story comes into question.

**In summary, the threat of a government shutdown has shifted the landscape.** It complicates the straightforward bullish narrative for the DXY by introducing a significant and unpredictable variable. For now, it will act as a headwind, likely capping the dollar's potential gains and increasing price volatility. The grand scheme now hinges on whether Washington can resolve this quickly or if political brinksmanship will be allowed to derail a resilient economy.

So in summary, fundamentally speaking based off economic data, the dxy is now bullish. But there's a stumbling block to the bulls due to US internal politics.

There's talk of a US government shutdown next week on the 30th of September if congress doesn't pass on some bills, due to this internal dispute, the US government may likely shutdown that's like saying that the US government is going on strike.

This is bad and bearish for the dollar and you can go back on the charts to 2018 when the US government shutdown, the dxy and stock indices sold off until the a deal was made and the shutdown was lifted then the dxy and stock indices rallied.

Also another implication for this shutdown on the markets is that economic data release will be delayed, therefore if the shutdown goes into effect on Oct 1, we may likely not get NFP data and other economic data for the week next week.

So in summary summary,
US government shutdown goes in effect: dxy bears
US government shutdown doesn't goes in effect due to a deal that was successfully made b4 the deadline: dxy bulls and market focuses on economic data again

DISCLAIMER: Anything I post here is strictly for informational purposes and not a trading advice, traders are as well encouraged to carry out their due diligence b4 using any information post here. Thank you...

What is a government shutdown?
Congress has to pass a series of 12 appropriations bills by Tuesday to finance government entities for the next fiscal year. But it has not passed any of the 12 bills ahead of that deadline.

If it cannot pass a short-term funding measure known as a "continuing resolution," the government will shut down.

There have been 14 such shutdowns since 1980, according to the Bipartisan Policy Center.

If Congress can only pass some, but not all, of the annual appropriations bills in time, the government will experience a partial shutdown.

That happened in late 2018 — during Trump's first presidential term — when the government partially shut down for a record five weeks amid disputes about the funding for Trump's U.S.-Mexico border wall.

Copied from CNBC

Hello bosses, please I want to ask a question, as there is dollar index, is there also British pounds index too


Someone should please give me an answer

blackman007:
Hello bosses, please I want to ask a question, as there is dollar index, is there also British pounds index too

Yes

JasonNOTStatham:
Yes

Please what is it called sir?

Beautiful weekend famz...
May the pips be in our favour...

Hello everyone, please what’s British pounds index called??

Is Fundix Real or Fake?

Watch https://youtube.com/shorts/jxJVF5EOeYs?si=CUrhTA7_lx987SiX

blackman007:
Hello everyone, please what’s British pounds index called??

It should still be the GBP symbol or code as you know it. Have you made any search for it on platforms like Tradingview, or Netdania, or other more advanced platforms compared to metatrader?

CaptainJune:
It should still be the GBP symbol or code as you know it. Have you made any search for it on platforms like Tradingview, or Netdania, or other more advanced platforms compared to metatrader?

Yes sir, I checked trading view, what I saw was BXY… I’m not sure if that’s it

blackman007:
Yes sir, I checked trading view, what I saw was BXY… I’m not sure if that’s it

Yeah. I think it is.

Oh my fada my Lord
When will the glory days of FTA return in her full might

blackman007:
Yes sir, I checked trading view, what I saw was BXY… I’m not sure if that’s it

Morning bossmi, yes bxy is like the pound index similar to the dollar index and you may wanna compare it with the pound futures chart, just search for 6B on tradingview and you will see the chart, looks exactly like gbpusd

🌙 Weekend Review

⚠️🇺🇸#shutdown #USA
Trump confirmed he will meet Democrats on Sept 29 to discuss a funding deal, warning: “If there’s no deal, the country will shut down.”

🌎#copper #forecast
Goldman: Europe’s power grids average 50 years old, U.S. grids 40 years — both nearing the end of their life cycles. Modernization will drive strong copper demand.

⚠️🇰🇷🇺🇸#tradewars #SouthKorea #USA
South Korea cannot prepay the $350B investment Trump requested under a tariff-cutting deal and is seeking alternatives — Reuters.


💵 Dollar dips ahead of US data, shutdown risk

The dollar index slipped 0.2% to 97.93 as traders awaited key US data and eyed the risk of a government shutdown that could delay Friday’s payrolls report. EUR rose to $1.173, GBP to $1.344, while USD/JPY eased to 148.94.

Markets now price ~40 bps Fed cuts by December; focus shifts to NFP and ISM data.
#USD #FX #Fed #shutdown

🥇 Gold smashes $3,800 record

Bullion surged to $3,812/oz, its 7th straight weekly gain, as a weaker dollar and looming US government shutdown fueled demand. Silver hit $46.7, platinum topped $1,600, and palladium rallied on tight supply and ETF inflows.

Weaker jobs data from a potential shutdown could push the Fed toward more cuts, while risks to Fed independence add to safe-haven flows. Barclays calls gold “a surprisingly good value hedge.”
#gold #silver #commodities #Fed


All copied

🌍 5 things to watch in markets this week

1️⃣ Stocks finish Q3 strong – World equities up 17% YTD ($15T in value), with gold and Chinese tech leading at +40%. Fed, China’s plenum, IMF/WB meetings, and Trump–Xi talks all ahead.

2️⃣ US jobs risk shutdown – Sept payrolls seen +39k, but data may not publish if Congress fails to avoid a government shutdown. Crucial ahead of October Fed decision.

3️⃣ BOJ tightening watch – Oct 1 Tankan survey could trigger rate hike signals. Uchida & Ueda speeches may prep markets for further hikes.

4️⃣ RBI’s dilemma – India faces US tariffs, weak rupee (–3.5% YTD), and lagging equities. RBI expected to hold rates, though some see scope for a 25 bp cut.

5️⃣ Africa trade cliff – AGOA duty-free deal expires Sept 30. 30+ African economies risk losing access to US markets, with no firm word from Washington.
#Fed #BOJ #RBI #Africa #markets #stocks #tariffs

Chfjpy buy
Sl:50 pips
Entry: 186.517

Sell
Entry: 1.13465
Sl: 50 pips