Author: FX
It’s looking rough out there and there is not much of any room for shelter. There is a rout in bonds, stocks, and precious metals all put together as surging oil prices and the Middle East conflict drags on. This is when you have to start thinking of margin calls as pointed out last week here.US futures are down in the dumps again today, extending losses as we get into European trading. S&P 500 futures are now down 1.0% with Nasdaq futures down 1.3%. That follows from the Friday dump, which was a significant one in reaffirming the technical breakdown…
The MT4 horizontal line indicator solves this by letting traders mark exact price levels that persist across sessions and timeframes. These visual reference lines stay locked at specific prices, creating a permanent map of where buyers and sellers have shown interest before. When price approaches these pre-marked zones, traders get clear visual alerts without needing to memorize numbers or keep separate notes. What Makes This Tool Different From Regular Chart Markings The horizontal line indicator isn’t fancy or complex. That’s actually its strength. Unlike oscillators that bounce around or moving averages that shift with price, these lines stay fixed at…
Commerzbank’s Thu Lan Nguyen argues that despite what is described as the greatest threat to energy security in history, implied EUR/USD volatility remains unusually low. She links expected FX volatility to monetary policy expectations and notes that similar-sized rate repricing in US and Eurozone limits expected differential moves. Nguyen is less optimistic than markets about ECB responsiveness, seeing scope for corrections and stronger EUR/USD swings.Options market underpricing EUR/USD risk”… the implied exchange rate volatilities currently priced into the options market are almost shockingly low. The 3-month implied volatility for EUR/USD is trading significantly lower than it was at the start…
Air Canada Express plane hits ground vehicle at New York’s La Guardia airport, FlightRadar24 says Source link
With war breaking out in the Middle East and an energy crisis ongoing, global economic uncertainty has been through the roof these days. So why has gold been crashing? Gold hit an all-time high of $5,589 in January 2026, then proceeded to fall about 22% below $4,400 by late March. That’s one of the worst weekly routs for the metal since 2011! If you assumed “conflict = gold up forever,” the past week just proved that rule has some very big exceptions. Here’s what actually happened and why it matters for how you think about safe-haven assets going forward. The…
If you were hoping for a quiet start to the trading week, you might want to brew an extra pot of coffee. On Friday, March 20, President Trump posted that the U.S. was “getting very close” to winding down military operations in Iran. Oil eased, and markets exhaled. Then, less than 24 hours later, Trump flipped the script entirely — threatening to “obliterate” Iranian power plants unless the Strait of Hormuz is fully reopened within 48 hours. The global markets are currently staring down a ticking clock that’s set to expire Monday night around 7:44 PM ET. Iran’s parliament responded…
Fitch’s note from Friday. Scenarios highlight the scale of upside risk to oil prices, with prolonged Hormuz disruption potentially driving Brent toward $120 and keeping markets volatile.Summary:Fitch outlines oil price scenarios tied to duration of Hormuz closure Brent seen averaging $120/bbl in 2026 under six-month disruption Three-month closure scenario points to ~$100/bbl average Base case remains $70/bbl, assuming only temporary disruption Prices could spike to $130–$170/bbl during extended closure Estimated loss of ~15mb/d in transit volumes through Hormuz Demand destruction expected in prolonged disruption scenarios IEA reserve releases seen cushioning near-term supply shockFitch Ratings has outlined a range of oil…
The AUD/USD pair opened with a modest bearish gap on Monday and touched a one-week low during the Asian session, though it lacked follow-through selling. Spot prices currently trade around the 0.7000 psychological mark, down 0.25% for the day,A further escalation of tensions in the Middle East, along with reduced bets for more rate cuts by the US Federal Reserve (Fed), acts as a tailwind for the US Dollar (USD) and weighs on the AUD/USD pair. However, the Reserve Bank of Australia’s (Fed) hawkish stance offers some support to the Aussie and helps limit the downside for the currency pair.From…
Goldman Sachs raises oil forecasts as extended Hormuz disruption and structural supply risks lift long-term price expectations.Summary:Goldman Sachs lifts oil price forecasts on prolonged Hormuz disruption Bank now assumes flows operate at ~5% capacity for six weeks Recovery expected to take an additional month thereafter Structural risks seen driving higher long-term oil prices Concentration of supply and spare capacity flagged as key concern Strategic stockpiling likely to increase globally Brent 2026 forecast raised to $85 (from $77) WTI 2026 forecast lifted to $79 (from $72)Goldman Sachs has raised its oil price forecasts for 2026, citing an extended disruption to flows…
Markets on edge as U.S.-Iran conflict deepens, energy risks mount Source link