Author: FX
EUR/GBP looks ready to extend its gains after finding support from a long-term range floor! Here’s what we’re seeing on the 4-hour time frame. Source link
The AUD/USD pair holds positive ground around 0.7180 during the Asian trading hours on Thursday. The Australian Dollar (AUD) strengthens against the Greenback amid mixed economic data from Australian and Chinese dockets. Data released by the Australian Bureau of Statistics (ABS) on Thursday showed that Unemployment Rate held steady at 4.3% in March. The figure came in line with the market consensus. Additionally, the Australian Employment Change arrived at 17.9K in March. This reading followed 49.7K in February (revised from 48.9K), missing the forecast of 20K.On the Chinese front, the annual March Retail Sales increased by 1.7% versus 2.3% expected and 2.8% prior, while Industrial Production came…
The LWTI MT5 Indicator attempts to cut through this noise by offering a trend-weighted approach to price analysis. Rather than bombarding traders with conflicting signals, it aims to identify the underlying directional bias with adjustable sensitivity. Does it work? Let’s break down what this tool actually does and where it fits in a trader’s arsenal. What Is the LWTI MT5 Indicator? LWTI stands for Linear Weighted Trend Indicator, a technical analysis tool built specifically for the MetaTrader 5 platform. At its core, it’s a momentum-based oscillator that applies weighted calculations to price movement, giving more importance to recent data while…
US officials warn Iran may take months to yield under a naval blockade, despite Trump saying the war is near an end, with talks stalled and demands on uranium enrichment still far apart.Summary:Trump says the Iran war is “very close to over,” but negotiations remain stalled with wide gaps between both sides. The US is pressing for a 20-year enrichment freeze and removal of uranium, while Iran is offering far less. Officials and analysts warn Iran could take months or longer to feel enough economic pain from the blockade to concede. The US is prepared to sustain the naval blockade…
The S&P 500 hit a fresh record high on Wednesday as US-Iran ceasefire extension hopes fueled risk appetite while oil prices declined despite the ongoing Hormuz blockade. Source link
Gold price retreats during the session, down nearly 1%, as risk appetite improves and flows rotate toward US equities, pushing the S&P 500 index past the 7,000 figure, poised to test the all-time high at around 7.014. At the time of writing, XAU/USD trades below $4,800 after reaching a peak of $4,871.Bullion eases as equity gains and firmer yields sap safe-haven demandSpeculation that talks between the US and Iran could end the conflict is growing after US President Donald Trump commented that the war was close to over, adding, “I think you’re going to be watching an amazing two days…
This is nothing really new as AP reported hours ago that a two-week ceasefire was on the table. At the moment, all the headlines are pointing towards peace.Despite that, there are some more equity bids on this and oil is ticking lower. The Nasdaq is now up 1% in its 11th (!) day in a row of gains.About an hour ago, Axios reported that the US and Iran made progress in talks on Tuesday, moving closer to a framework agreement to end the war. This article was written by Adam Button at investinglive.com. Source link
ING’s Bert Colijn notes that Eurozone industrial production rose just 0.4% in February versus January, leaving output below most of 2025 levels. He highlights that higher energy prices and the Middle East war are set to weigh further on energy‑intensive industry and investment.War and energy costs threaten production outlook”Eurozone industry has been very resilient throughout 2025 despite significant trade turmoil. But the start of 2026 has not been encouraging. As front-loading by American businesses has eased, production levels have dropped again. And while manufacturers have become more optimistic on infrastructure and defence investment promises, the Middle East war has dashed…
Lumen Technologies providing network connectivity to AWS Source link
Morgan Stanley’s profit beats estimates on dealmaking surge, trading boost Source link