Author: FX

A sharp reversal in crude oil prices drove a broad risk-on shift on Monday, with equities rallying, Treasury yields declining, and the US dollar sliding to its worst daily performance among the major currencies, as diplomatic efforts to ease the Strait of Hormuz shipping crisis offered markets a partial reprieve from the geopolitical anxiety that had dominated last week. Sentiment was potentially further supported by stronger-than-expected Chinese activity data and by US officials signaling that Iranian oil shipments remain permitted and that energy prices are expected to normalize in the months ahead. With the Federal Reserve widely expected to hold…

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Here is what you need to know for Tuesday, March 17:The US Dollar (USD) reversed its four-day positive streak on Monday after markets assessed the United States (US) strike on Kharg Island, a strategic Iranian Oil outpost in the Persian Gulf, and warned that if Tehran continues to disrupt naval activity in the Strait of Hormuz, the US could target Oil infrastructure next. President Trump also urged allies to help secure that key shipping lane, but as of yet there are no takers.The US Dollar Index (DXY) is trading near the 99.80 price region, coming down from the 100 mark…

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Trading is 90% preparation and 10% execution so let’s spend some time preparing for an end to war. The market is clearly optimistic today but that could just be an unwind of fears of weekend escalation. There are so many moving parts here and iterations of how it could end but let’s make one simple assumption: The free flow of oil through Hormuz is re-established. Whether that’s a Trump TACO or Iran capitulation is largely irrelevant in terms of most market moves.So let’s say the oil gets moving again and the headline hits. What are the trades you want to…

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TD Securities’ Senior Commodity Strategist Ryan McKay analyzes how disruptions around the Strait of Hormuz and Bab El-Mandeb are reshaping Saudi crude export risks and bypass capacity, with implications for Oil supply tightness. The report details flows via Yanbu, Very Large Crude Carrier (VLCC) routing, Suez Canal and SUMED pipeline constraints, and potential exposure of Saudi barrels to Houthi attacks.Saudi bypass flows and Houthi disruption risk”Up to 16-17m b/d of crude flow through the Strait of Hormuz has been halted. Roughly 7m b/d of those flows are able to bypass the Strait. Saudi Arabia has approximately 5-5.5m b/d of spare…

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It will be a busy week for the FX market in terms of economic events, starting with Canadian inflation data on Monday. Tuesday, the highlight will be the RBA monetary policy announcement while the U.S. will publish pending home sales m/m data. Wednesday brings the BoC monetary policy announcement, the U.S. PPI m/m release and the highly anticipated FOMC meeting. New Zealand will also publish its GDP q/q data. Thursday will be particularly eventful with monetary policy announcements from the BoJ, SNB, BoE, and ECB. Australia will release its employment change figures and unemployment rate; the U.K will publish labour…

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Brown Brothers Harriman’s (BBH) Elias Haddad expects the Reserve Bank of Australia to deliver a second consecutive 25 bps hike to 4.10%, though it is described as a close call. Futures imply slightly better than even odds of a move. Haddad’s base case is that a hike would provide some support to the Australian Dollar against a backdrop of elevated domestic inflation.Back-to-back RBA hike seen likely”Reserve Bank of Australia (RBA) is expected to deliver a back-to-back 25bps cash rate target hike to 4.10%, but it’s a close call. Cash rate futures imply 53% odds of a hike.””Our base case is…

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The Volumatic Vidya Indicator MT4 solves this by combining two powerful concepts: volume-weighted price data and adaptive smoothing. Instead of treating every candle the same, it adjusts its sensitivity based on both volatility AND trading volume. This creates a moving average that responds quickly during genuine moves but filters out the noise during choppy, low-conviction periods. What Makes the Volumatic Vidya Different from Standard Indicators The Volumatic Vidya Indicator isn’t just another moving average clone. It’s built on the VIDYA (Variable Index Dynamic Average) foundation, which already stands out by adjusting its smoothing factor based on market volatility. But here’s…

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