Author: FX
GBPUSD breaks lower as sellers regain momentumThe GBPUSD is once again pushing lower and trading to new session lows, extending the bearish momentum seen earlier in the day. The pair had already broken below the previous low for the year at 1.3252, but the initial move lacked follow-through and briefly corrected higher.That corrective bounce, however, proved short-lived. Sellers quickly stepped back in and reversed the modest recovery, pushing the price back to the downside with increasing momentum. The renewed selling pressure suggests traders are once again leaning toward the bearish side of the market.The pair is currently trading near 1.3235,…
The WSJ reports that the US is moving additional warships to the Middle East, citing three US officials. It says that Defense Secretary Pete Hegseth has approved a request from U.S. Central Command, responsible for American forces in the Middle East, for an element of an amphibious ready group and attached Marine expeditionary unit.Such a unit would typically include several warships and 5,000 Marines, the officials said. The Japan-based USS Tripoli and its attached Marines are now headed for the Middle East, two of the officials said.On that ship:She is a America-class amphibious assault ship — essentially a flat-deck vessel…
EURUSD falls to new 2026 lows before corrective bounceThe EURUSD moved sharply lower earlier in the day, extending its bearish momentum and breaking to new lows for 2026. In the process, the pair also traded to its lowest level since August 2025, highlighting the continued downside pressure in the currency pair.The move lower forced the price through two key support levels from November 2025. The first level came in at 1.14912, the low from November 21, followed by the November 5 low at 1.14687. Those levels had served as an important support area for months, but once broken, they helped…
TD Securities analysts expect the Canadian Dollar (CAD) to show relative resilience versus non-USD peers thanks to Oil links, lower beta to risk-off and cleaner positioning. However, they still anticipate USD strength and see USD/CAD moving higher as geopolitical uncertainty and risk premia stay elevated, with BoC communication not a major driver.CAD resilience but USD/CAD upside risk”As the conflict approaches its third week, CAD has continued to demonstrate relative resilience. With a more dovish assessment of recent data flow balanced by hawkish risks posed by higher energy prices, we expect BoC to strike a cautious tone and keep all options…
Trump reportedly told G7 leaders during a virtual summit on Wednesday that Iran was on the verge of a total military and political collapse. According to a report by Axios, which cited three officials from G7 countries briefed on the call, Trump expressed supreme confidence in the outcome of the ongoing conflict, stating that the Iranian regime was “about to surrender.”That stands in stark contrast to the real situation on the ground, where we continue to see daily strikes and disruption in the Strait of Hormuz. The report added that Trump’s remarks to the G7 leaders were characterized by his…
Commerzbank economists Jörg Krämer and Marco Wagner argue that the ECB is likely to keep its deposit rate at 2.0% next week and, in their main scenario of a short Middle East war, throughout 2026. They highlight futures pricing for at least one hike, but stress that inflation near 3% and a dovish Governing Council argue against tightening, even if Oil stays elevated.ECB weighs war shock against doves”The ECB will leave its key interest rates unchanged next week. The futures markets are pricing in more than one rate hike for the remainder of the year. However, in our main scenario…
Firm Capital Mortgage Investment GAAP EPS of $0.24 Source link
The Fibonacci Trend Indicator for MT4 tackles this head-on. By combining Fibonacci ratios with trend-following logic, it helps traders distinguish between noise and genuine directional shifts. Rather than relying on gut feeling, traders get visual confirmation when trend strength aligns with key Fibonacci levels. Let’s explore how this tool works and whether it deserves a spot on your charts. What Is the Fibonacci Trend Indicator? The Fibonacci Trend Indicator is a technical analysis tool designed for the MetaTrader 4 platform that merges Fibonacci retracement principles with momentum-based trend detection. Unlike static Fibonacci tools where you manually draw levels, this indicator…
Number crunchers are projecting weaker inflation for Canada in January, possibly supporting the dovish BOC bias. Although monthly headline and core figures are projected to tick higher, annual CPI readings could print notable dips. What else should we look out for in this top-tier report? Source link
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: investingLive is not an investment advisor, investingLive provides references and…