Author: FX
Kotak Q1FY27 presentation: 23% profit growth, asset quality improves Source link
The CSM Indicator MT4 helps solve this by measuring the relative strength of individual currencies rather than only analyzing one currency pair. It gives traders a wider market view before they enter a position. Instead of guessing which side has more momentum, they can compare the strongest and weakest currencies first. That extra confirmation often improves trade quality and helps avoid low-probability setups. The sections below explain how the indicator works and how traders can use it in real market conditions.What Is the CSM Indicator MT4?The CSM Indicator MT4, short for Currency Strength Meter, measures the strength of the eight…
The Weis Wave Indicator MT4 helps traders read market pressure by measuring waves of buying and selling activity instead of focusing only on individual candles.Poor timing often leads to unnecessary losses, emotional trading, and repeated attempts to recover from bad entries. A few losing trades caused by fake breakouts can quickly reduce confidence and increase account drawdown. Traders need a way to judge whether price movement has real strength behind it.This is where the Weis Wave Indicator MT4 becomes useful. It combines price movement with volume-based wave analysis to show whether buyers or sellers are controlling the market. Instead of…
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/CNH is currently consolidating in a narrow range around 6.77. In their 1–3 week view, they maintain a downside bias toward 6.7600 as long as strong resistance at 6.7820 remains intact. Over 1–3 months, they see tentative upside potential if key technical resistance is broken.Short-term consolidation, medium-term downside bias”24-HOUR VIEW: After USD fell as we expected on Wednesday, we highlighted the following yesterday: “Our view was not wrong, as USD subsequently rose to 6.7781 and then fell to a low of 6.7653. Downward momentum continues to…
DBS Group Research economist Ma Tieying analyzes the latest Bank of Korea (BoK) decision, noting a hawkish shift as the base rate is raised to 2.75%. The report now anticipates a faster tightening cycle, with the policy rate reaching 3.25% by year-end 2026. Growth is expected to benefit from the AI-driven semiconductor sector, while Consumer Price Index (CPI) inflation is projected to overshoot target.BoK signals accelerated tightening cycle”The Bank of Korea raised the base rate to 2.75% from 2.50% at its July 16 meeting, marking the first rate hike since January 2023. The BOK maintained a hawkish stance and signaled…
Silver price recovered some ground on Friday, up 0.84%, but it is poised to finish the week down over 6.50%. At the time of writing, XAG/USD trades at $56.00 per troy ounce, after reaching a new year-to-date (YTD) low of $54.77. Source link
Oil ripped, stocks slipped, and the dollar couldn’t pick a lane. Iran tensions, cool U.S. inflation, and a Chinese AI scare drove a wild week across markets. Source link
Commerzbank’s Dr. Henry Hao argues China’s housing market remains in structural stagnation five years after the Evergrande crisis. National prices follow an L-shaped path, with a K-shaped divergence between Tier-1 and lower-tier cities. Weak demand, tighter funding and demographics mean real estate will no longer be China’s primary growth engine as Beijing redirects capital to new sectors.L-shaped prices, fractured construction cycle”China’s property downturn marks its fifth anniversary in July 2026. Despite localized price stabilization in top tier cities, the national housing market remains locked in stagnation. Our analysis of the construction cycle indicates structural stagnation will persist as Beijing pivots…
The Mexican Peso loses traction against the Greenback, dropping over 0.65% during Friday’s North American session as the American currency benefits due to its safe-haven appeal as the US-Iran conflict is far from ending, despite holding talks to finish the war. The USD/MXN trades at 17.53, after bouncing off a daily low of 17.41.USD/MXN rises as Oil risks revive Dollar and Fed supportMarket sentiment deteriorated amid a sell-off on chip stocks. The rise in Oil prices fueled speculation that the Federal Reserve could hike rates and narrow the interest rate differential, which favoured the Mexican Peso, as it began its…
Scotiabank’s Shaun Osborne and Eric Theoret note USD/JPY is little changed despite strong verbal intervention from Finance Minister Katayama, who warned of decisive action at any time. Markets remain unimpressed, given repeated rhetoric and limited impact from actual Yen buying. They recall recent data showing a significant sentiment shift toward the Japanese Yen among local retail FX traders, who may be more attuned to intervention risks.Katayama warnings and intervention expectations”The JPY is little changed despite Finance Minister Katayama deploying aggressive verbal intervention in its support earlier.””Katayama threatened “decisive action at any time”. That ranks as one of the strongest warnings…