Author: FX
CPI +2.6% vs +2.6% y/y prelimPrior +2.9%HICP +2.7% vs +2.7% y/y prelimPrior +2.9%More to come.. This article was written by Justin Low at investinglive.com. Source link
USD/IDR extends its gains for the third consecutive day, trading around 17,950 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) receives support amid renewed risk aversion following fresh military friction in the Middle East, which tempered recent diplomatic optimism.Fox News reported that US forces intercepted and shot down two Iranian one-way attack drones near the critical Strait of Hormuz after they attempted to target commercial vessels. Conversely, Iranian state media attributed explosion sounds in Sirik to a confrontation with a vessel breaching the waterway. They claimed the Islamic Revolutionary Guard Corps (IRGC) issued a…
EUR/GBP is testing long term support near 0.8620, where bullish wicks could signal a bounce toward the 0.8670 pivot area. Source link
WTI crude has shed more than $30 from its March peak. Now it is sitting at a major technical crossroads, and whether it holds or breaks likely depends on a diplomatic decision more than a chart pattern. Source link
The Forex Market Sentiment Indicator MT5 tackles this head-on. By translating market sentiment into visual signals, it helps traders understand when buyers or sellers dominate. That clarity allows for more precise entries and exits, reducing costly mistakes. While no tool guarantees success, this indicator can give traders a structured view of market pressure. Next, we’ll explore exactly how it works, how to use it in practice, and what settings can optimize its performance across currency pairs. What the Forex Market Sentiment Indicator Is At its core, the Forex Market Sentiment Indicator MT5 measures the balance of bullish versus bearish activity.…
The delay is unlikely to move broad markets but adds to a pattern of Trump-era trade friction with Canada, alongside tariff hikes and threats not to renew the trade deal with Mexico and Canada. For cross-border freight and logistics operators, a further postponement of capacity relief on the busiest US-Canada freight corridor extends existing bottleneck costs, though officials frame the delay as a matter of weeks rather than a structural setback.—The US and Canada have delayed the opening of the $4.7bln Gordie Howe bridge between Detroit and Windsor after Trump raised objections, with PM Carney saying Canada agreed to take…
Trump canceled Iran strikes and signaled a deal was near, driving a reversal that sent equities surging, oil down nearly 6%, and the dollar broadly lower. Source link
AUD/USD bounces from recent lows as Stochastic turns up from oversold territory. Will buyers confirm a move toward resistance? Source link
The British Pound spent most of Thursday doing what everything else did, leaking lower while Washington and Tehran traded fire, then exploding higher when President Trump canceled the evening’s planned strikes just after 17:30 GMT and declared a deal all but done. GBP/USD gained more than a full big figure off the lows, and not one pip of it was earned in the UK.That matters more for Cable than most, because the Pound now has to defend a borrowed rally through one of the heaviest scheduled stretches on the calendar. What the geopolitical whipsaw handed over on Thursday, the data…
Trump writes:Based on the fact that discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and approved, I have, as President of the United States of America, cancelled the scheduled strikes and bombings against Iran this evening. Discussions and final points have been, in both concept and great detail, approved by all parties involved, including the United States, Israel, Saudi Arabia, UAE, Qatar, Turkey, Pakistan, Bahrain, Kuwait, Jordan, Egypt, and others. The Naval Blockade will remain in full force and effect until this Transaction is finalized — Time and place of the…