Author: FX

The EURUSD is pushing to new session highs, with the move supported by softer oil prices and a modest easing in geopolitical tensions. Headlines out of the Middle East have helped sentiment, after Israel’s Benjamin Netanyahu signaled a shift toward diplomacy—directing his cabinet to focus on Hezbollah disarmament and potential normalization talks with Lebanon. This follows a conversation with Donald Trump, who urged restraint in military activity as cease-fire and broader negotiations with Iran continue.From a technical perspective, the pair has reclaimed a key cluster of levels. Price is now back above the 50% midpoint of the move down from…

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Commerzbank economists Bernd Weidensteiner and Christoph Balz highlight that recent US labor market indicators, especially nonfarm payrolls and hours worked, have become unusually volatile and subject to larger revisions. They argue this complicates Federal Reserve assessment of labor conditions and monetary policy timing, suggesting greater reliance on the unemployment rate and broader datasets to identify underlying trends.Volatility and revisions cloud US jobs picture”US jobs data has been unusually volatile for several months now, and figures are often revised significantly. This makes it harder to interpret new data, which also poses challenges for the Fed.””To make matters worse, the job data…

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FUNDAMENTAL OVERVIEWSilver prices jumped yesterday after the announcement of a two-week ceasefire as easing financial conditions supported a broader risk-on sentiment. However, those gains were later wiped out when Israel launched an attack on Lebanon, triggering backlash, with Iran insisting that Lebanon was included in the ceasefire agreement.For now, the ceasefire is still holding, at least until tomorrow, when the US-Iran negotiations are set to take place in Islamabad. The talks could also be extended if both sides agree.There’s still a risk that the conflict could restart at any moment, since the US and Iran have not officially ended the…

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The US Dollar (USD) has trimmed some losses to consolidate right above the 99.00 level on Thursday, after bouncing from lows at 98.50 on Wednesday. The safe-haven US Dollar has picked up as investors come to terms with the fragility of the ceasefire in Iran.A few hours after the ceasefire was announced, Iranian authorities closed the Strait of Hormuz in retaliation for a massive attack by Israel in Lebanon. The US and Israel affirmed that Lebanon was not included in the deal, but Tehran issued a statement reporting the violation of three key clauses of the agreement, and casting doubts…

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The Accurate Reversal Indicator MT4 aims to solve this timing problem. This tool helps traders identify high-probability reversal zones by combining price action analysis with momentum shifts. Instead of guessing where price might turn, traders get visual signals when multiple reversal conditions align. Let’s examine how this indicator actually works and whether it lives up to its name. What Is the Accurate Reversal Indicator MT4? This indicator is a technical analysis tool designed to spot potential trend reversals on MetaTrader 4 charts. It plots arrows or dots on the chart when it detects a shift in market momentum that suggests…

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Goldman cuts Q2 oil to $90/$87, keeps $82/$80 Brent and $77/$75 WTI outlookAustralia to underwrite fuel imports via Ampol, Viva amid supply risksPerth Mint gold, silver sales drop sharply in March after price slideCeasefire may reduce case for Fed cuts as inflation risks persist: TimiraosAUD seen capped near 0.7150 as Hormuz uncertainty clouds outlook: WestpacPBOC sets USD/ CNY mid-point today at 6.8649 (vs. estimate at 6.8315)Trump blasts NATO after Rutte meeting, raises doubts over alliance unityRBNZ says prior cuts still support growth, sees upside if conflict easesNo oil or gas tankers have traversed the Hormuz strait since the cease-fireUS oil…

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Reserve Bank of New Zealand (RBNZ) Governor Anna Breman said that domestic economy could see stronger growth this year if there was a swift resolution to the conflict in the Middle East, Reuters reported on Thursday. She added that the previous rate cuts were still providing some stimulus.”The difficult issue now is to know how long this conflict will last and how big the consequences will be because it’s also supply disruptions,” said Breman.Market reaction  At the press time, the NZD/USD pair is up 0.13% on the day to trade at 0.5830. New Zealand Dollar FAQs The New Zealand Dollar (NZD), also known as…

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Friday’s March CPI report will offer the first real look at U.S. inflation since the Iran conflict sent energy prices surging, and it could be hot enough to keep the Fed on hold for the rest of the year. Here’s what to look out for. Source link

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