Author: FX

Earlier this week we’ve seen a major whipsaw in crude oil, as WTI spiked above $119 per barrel then crashed right back below $100 in a single trading session. This kind of 25% intraday swing doesn’t happen without a serious reason. And the reason still revolves around the Strait of Hormuz, the narrow waterway through which roughly 20% of the world’s oil supply, which is effectively closed due to the ongoing war in Iran. This is likely why G7 finance ministers held an emergency call on Monday to discuss releasing hundreds of millions of barrels of oil from their strategic…

Our response depends on the size and persistence of the price shockFor now, that is all very uncertainThere will be very genuine policy debate at the board meeting with arguments on both sidesRise in oil prices clearly an upside risk to our inflation projection, but still in a state of fluxA 5% peak for inflation probably looks a little on the pessimistic sideUncertainty over developments in Iran is extremely highRecent data seems to have confirmed even more decisively that economy has limited spare capacityNot all domestic data came in strongly as expected though, including consumptionAustralian economy in many ways is…

Gold prices rose in Pakistan on Tuesday, according to data compiled by FXStreet.The price for Gold stood at 46,434.98 Pakistani Rupees (PKR) per gram, up compared with the PKR 46,215.18 it cost on Monday.The price for Gold increased to PKR 541,608.40 per tola from PKR 539,044.80 per tola a day earlier.Unit measureGold Price in PKR1 Gram46,434.9810 Grams464,349.70Tola541,608.40Troy Ounce1,444,289.00FXStreet calculates Gold prices in Pakistan by adapting international prices (USD/PKR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge…

The MT4 moving average crossover indicator offers a systematic approach to this timing challenge. By tracking when two moving averages intersect, it generates specific entry and exit signals that remove guesswork from trend-following trades. While no indicator solves every problem, this tool gives traders a clear framework for identifying momentum shifts in real-time. Here’s what you need to know about using it effectively. What the Moving Average Crossover Indicator Actually Does This indicator plots two moving averages—typically one fast and one slow—on your price chart. When the faster MA crosses above the slower one, it signals potential upward momentum. When…

Japanese Household Spending January 2026-2.5% m/mexpected +0.8%, prior -2.9%-1.0% y/yexpected +2.5%, prior -2.6% This article was written by Eamonn Sheridan at investinglive.com. Source link

NZD/USD rose about 0.6% on Monday, closing near 0.5950 after knocking on 0.5850 in the early session. The pair found support near the 200-day Exponential Moving Average (EMA) before recovering to close above the 50-day EMA, producing a candle with a long lower wick, suggesting buyers are defending the 0.5850 to 0.5900 zone. Since peaking near 0.6090 in early February, the pair has been grinding lower, forming lower highs while holding above the 0.5850 area.Monday’s better-than-expected Chinese Consumer Price Index (CPI) data (1.3% YoY versus 0.8% consensus) provided a lift across antipodean currencies, though the Strait of Hormuz crisis continues…

Markets whipsawed through a dramatic Monday session as oil prices first surged above $100 per barrel on escalating Middle East conflict fears before crashing more than 20% after President Trump signaled the Iran war could conclude sooner than expected. The wild intraday reversal sent equities from deep losses to modest gains while the U.S. dollar traded mixed against major currencies despite sustained safe-haven demand throughout Asian and early European hours. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: China CPI Growth Rate for February 2026: 1.0%…

The AUDUSD moved lower earlier in the session, extending toward support before buyers stepped in and pushed the pair back higher. The bounce has helped stabilize price action after the earlier downside pressure, but the broader technical picture still leaves the pair battling between key levels.On the downside, the pair tested support near [insert swing area or key level], where buyers leaned and helped slow the decline. That area remains an important floor in the short term. Holding above it keeps the buyers in the game and prevents the sellers from gaining stronger downside momentum.To the upside, the price has…

Australia printed another upbeat data point as the headline growth figure for Q4 2025 came in at 0.8% versus the 0.4% consensus. However, underlying GDP metrics painted a more concerning picture of spending and inventory buildup, triggering bearish AUD setups amid a complex market environment with tense geopolitical developments. Let’s see how it all played out! Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high-quality discretionary trade idea before working on a risk & trade management plan. If you’d like to follow our “Watchlist” picks right when they…

ING’s Frantisek Taborsky argues that Central and Eastern European markets remain highly exposed to the US–Iran conflict and rising Oil prices. While local data from Hungary, Turkey and Poland are due, he expects geopolitics to dominate. After Friday’s sharp rates sell-off, he sees renewed pressure on regional FX, especially EUR/HUF, where long HUF positioning is being unwound.Geopolitics and energy risks hit CEE assets”On Tuesday, Hungary will release its February inflation, which is expected to fall to this year’s lows of 1.5% YoY, below both market and National Bank of Hungary expectations. Of course, this is old news after the start…