From the desk

SMC Terminal Blog

Smart Money Concepts, positioning, seasonality and session timing — written the way the terminal reads them, with the numbers behind every claim.

Showing posts tagged #macroAll posts →
Featured
Macro
Oct 24, 2026 6 min read

Forex Fundamental Analysis: Interest Rates, Inflation and Economic Growth

Fundamental analysis in forex reduces to three drivers and one transmission mechanism: inflation and growth set what a central bank is likely to do, the expected interest-rate path is what the currency actually trades on, and the differential between two countries' paths is what moves the pair. This guide explains each driver, how they feed the rate path, how to read the differential rather than the level, and the two situations where the model inverts.

Oct 19 6 min read

How to Use an Economic Calendar Before Trading Forex News

An economic calendar is the one input every forex trader has and most use badly: as a list to glance at rather than a schedule that decides when trades are allowed. This guide sorts releases into the three tiers that matter, explains what the forecast and previous columns actually tell you, sets out the before, during and after windows for a red release, and shows how to plan the post-release trade instead of gambling on the number.

AAdminRead →
Oct 17 5 min read

Real Yields and Gold Prices: Understanding the Relationship

Real yields are the single macro series that explains more of gold's price than any other, because they are the return an investor gives up by holding metal instead of an inflation-protected bond. This guide explains what a real yield is, where to read it, why gold moves inversely to it, the periods when the link breaks and why, and how to use it as a daily bias input rather than a forecast.

AAdminRead →
Oct 16 5 min read

How US Treasury Yields Influence the Dollar, Gold and Major Currencies

US Treasury yields are the price of the world's reserve currency over time, and they transmit into the dollar, gold and every major pair through a few mechanisms that can be watched directly. This guide explains the chain — 2-year yields and rate expectations, 10-year yields and term premium, real versus nominal — and how to read a yield move as a currency signal.

AAdminRead →
Oct 16 5 min read

How to Analyse Gold Prices Using Charts and Macroeconomic Data

Gold price analysis that holds up combines two things most traders keep apart: the macro drivers that set gold's direction over weeks (real yields, the dollar, central-bank buying, positioning) and the chart structure that times it. This guide lays out both halves, the order to read them in, and a weekly checklist.

AAdminRead →
Blog — SMC Terminal