Author: FX

The MMI, or Market Momentum Index, is a technical indicator designed specifically for the MetaTrader 4 platform. It helps traders identify when a currency pair or asset might be overbought or oversold by measuring the strength of price movements. Unlike some complicated indicators that require a PhD to understand, the MMI keeps things simple. It uses a scale from 0 to 100, where readings above 75 typically signal overbought conditions and readings below 25 suggest oversold territory. This straightforward approach makes it perfect for both newcomers and experienced traders who want quick, actionable insights without the headache. How Traders Use…

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US President Donald Trump is weighing a series of potential military options in Iran following deadly protests in the country, CNN reported on Sunday. The sources said Trump considers following through on his recent threats to strike the Iranian regime should it use lethal force against civilians.Officials said a number of different agencies have been involved in helping prepare options for the president. More formal briefings are scheduled in the coming week, including one on Tuesday, when Trump is expected to meet senior national security officials to discuss how to proceed. Market reactionAt the time of writing, the West Texas Intermediate (WTI)…

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Summary:Daily Mail reports Trump has ordered US special forces to prepare invasion plans for Greenland.Senior US military leaders are resisting the plan, calling it illegal and lacking congressional backing.Advisers led by Stephen Miller are said to be pushing the idea after the Venezuela operation.British diplomats see a possible political motive ahead of US mid-term elections.European officials warn extreme scenarios could fracture NATO.For markets:Escalatory Greenland rhetoric raises geopolitical tail risks in the Arctic region.Any strain on NATO cohesion would be negative for European security confidence.Heightened geopolitical uncertainty typically supports safe-haven assets.FX volatility could rise if US-Europe relations deteriorate.Energy and defence sectors…

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Mon: Japanese Holiday (Coming of Age Day); M2 & New Yuan Loans (Dec)Tue: EIA STEO; US NFIB (Dec), CPI (Dec)Wed: NBP Policy Announcement; US PPI (Nov; Oct-cancelled), US Retail Sales (Nov)Thu: UK GDP Estimate (Nov), EZ Trade (Nov), US Export/Import Prices (Dec; Nov-cancelled), NY Fed Mfg survey (Jan), Weekly Claims (w/e 3rd Jan), Chinese House Prices (Dec)Fri: US Industrial Production (Dec)US Earnings Season:Writing at the end of Q4, FactSet said the earnings season is expected to show continued, albeit moderating, growth. S&P 500 earnings are forecast to rise 8.3% Y/Y, marking a tenth straight quarter of expansion, while revenues are…

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