Author: FX
Roland Magnusson/iStock Editorial via Getty ImagesAstraZeneca (AZN) announced on Thursday that a combination regimen containing its antitumor agent, Imfinzi, was successful in a late-stage trial for a subset of patients with hepatocellular carcinoma, the most common type of liver cancer. The EMERALD-3 Phase 3 trial Source link
FUNDAMENTAL OVERVIEWOil prices rose back to the weekly highs after Trump disappointed the market in today’s speech. Earlier in the week, crude oil came under pressure after Trump basically confirmed the WSJ report in a Truth Social post that he would be open to end the war with Iran without the Strait of Hormuz opening condition. Later that day we also had Iranian President saying that they were ready to end the war but wanted guarantees.It looks like the market wrongly ignored yesterday’s news though. In fact, Trump posted this on his Truth Social:“Iran’s New Regime President, much less Radicalized…
Silver price (XAG/USD) slumps to around $70.60 during the early European session on Thursday. The white metal faces some selling pressure after comments from US President Donald Trump on the Iran conflict. Trump said during a primetime televised speech from the White House on Thursday that his core “objectives are nearing completion” in Iran. Nonetheless, he added that the US would hit Iran “extremely hard” for the next two to three weeks.These remarks have pushed crude oil prices higher and reduced expectations of interest rate cuts. Silver is often used amid geopolitical uncertainty but does not yield interest, making it less attractive when…
The Forex Power MT5 Indicator is a strength-based technical analysis tool designed for MetaTrader 5. It tracks the relative power of major currencies such as USD, EUR, GBP, JPY, and AUD. Instead of analyzing a single pair in isolation, it compares multiple pairs at the same time. Most versions display colored lines or bars that represent each currency’s strength. When EUR rises while USD falls, the EUR/USD pair naturally becomes more attractive for long trades. Traders see this shift before it shows clearly on price charts. Compared to classic indicators like RSI or MACD, this tool looks at the market…
Genius Group reports Q1 results Source link
This week showed how markets move on expectations first, then reprice quickly when reality challenges what traders had already priced in. Source link
USD/CHF continues to respect its uptrend, as support holds and safe haven demand keeps the dollar bid against a softer Swiss franc. Source link
South Korea scrambles for oil supply as Hormuz disruption forces sourcing shift.Summary:South Korea secures ~50m barrels of alternative oil for April Hormuz disruption cuts access to Middle East crude flows Government taps multiple suppliers and manages demand Shortfall remains versus normal import levels Australia LNG curbs seen as limited impact South Korea has moved to secure alternative oil supplies as disruption to flows through the Strait of Hormuz constrains access to Middle Eastern crude, underscoring the growing strain on global energy logistics. Info via Yonhap. Officials said around 50 million barrels of replacement supply have been arranged for April, compared…
Even though the market spotlight is mainly on the US-Iran war these days, US economic data could still make big waves since the Fed’s hawkish bias is being put in question. Here’s what to look out for in the NFP release. Source link
The GBP/USD pair meets fresh supply during the Asian session on Thursday. It retreats further from the weekly high, which was around the 1.3345 area touched the previous day. Spot prices decline to the mid-1.3200s after US President Donald Trump’s comments. These comments stall a two-day recovery move from a four-month low set on Tuesday.Addressing the nation, Trump reiterated the 2-3 week deadline. He also threatened to hit Iran’s energy infrastructure if no deal is reached. Trump added that negotiations with Iran are going well. However, Tehran quickly rejected the claim. Additionally, reports say the United Arab Emirates (UAE) is…