Author: FX
Silver price (XAG/USD) trades 0.7% lower to near $72.50 in the late Asian trade on Monday, but is broadly consolidating in a limited range. The white metal turns sideways as investors await Iran’s response to United States (US) President Donald Trump’s ultimatum.Over the weekend, US President Trump threatened to attack Iranian power plants and bridges if the nation doesn’t free the Strait of Hormuz by Tuesday, 9:00 PM Eastern time (ET).Latest comments from the Iranian foreign ministry signal that the Middle East nation won’t reopen the Hormuz and has warned of reciprocal attacks. “Iran will reciprocate attacks on its infrastructure…
Apr 06, 2026, 1:16 AM ETiShares China Large-Cap ETF (FXI), EWJ, DXJ, FXY, USD, EWH, GXC, CAF, PGJ, TDF, KBA, HSI, KWEB, MCHI, CQQQ, YINN, ASHR, YANG, CHIQ, CWEB, CXSE, KURE, AS51, SHCOMP, SENSEXBTC-USD, NKY:IND, AUD:USD, NZD:USD, USD:JPY, USD:CNY, USD:INR, USD:KRW, JPY:USD, CNY:USD, INR:USD, HKD:USDBy: Meghavi Singh, SA News EditorFollow us on Google for the latest stock newsFollow Seeking Alpha on Google for the latest stock newstadamichi Asian equity markets traded mixed in thin holiday trading as President Trump renewed his ultimatum to Iran, threatening to attack its civilian infrastructure if it does not open the Strait of Hormuz, a…
EUR/CHF is recovering, but traders face a tricky mix of resistance, risk-off flows, and an SNB ready to step in anytime. Source link
The U.S. economy added 178K jobs in March. That’s THREE TIMES as much as the consensus of a 60K increase and the strongest jobs reading since December 2024. Here’s why USD barely budged. Source link
“Don’t fight the Fed” is good advice — but what happens when a smaller central bank tries fighting everyone?” Source link
If you’re looking to trade a non-dollar pair these days, this potential reversal pattern brewing on the daily chart of EUR/GBP may be worth a look. Source link
The indicator scans price bars using a swing point detection algorithm. Here’s what happens behind the scenes: the tool identifies local highs and lows by comparing each bar’s high and low to surrounding bars within a specified lookback period. When two swing highs form within a price tolerance range (typically 5-20 pips depending on settings), the algorithm flags it as a potential double top. But detection alone isn’t enough. The indicator applies confirmation criteria to filter false positives. The two peaks must occur with sufficient separation—usually a minimum number of bars between them to avoid counting minor consolidation as patterns.…
The EUR/USD pair trades with mild gains around 1.1515 during the early Asian session on Monday. The stronger-than-expected US jobs data and heightened uncertainty in the Middle East boost demand for the US Dollar (USD) as a safe-haven. US President Donald Trump on Sunday appeared to set a new deadline for Iran to reopen the Strait of Hormuz on Tuesday. This came as Trump issued a profane message renewing threats to bomb power plants and other infrastructure if Tehran does not lift its effective blockade on the vital waterway.Iranian officials noted that Iran will reciprocate attacks on its infrastructure and target similar infrastructure owned…
Oil markets moved higher at the start of the week following the Easter holiday, as ongoing conflict between the U.S., Israel and Iran continued to disrupt global supply flows. Brent crude rose about 2% to trade above $111 a barrel, while U.S. West Texas Source link
The economic ripple effects of the Iran conflict are pushing mortgage rates higher, adding new pressure to the U.S. housing market even as conditions tilt in favor of buyers, the Associated Press reported Saturday. Rates on a typical 30-year mortgage Source link