Author: FX

Goldman Sachs is noting that even if the US-Iran conflict were to end soon, there will be lasting impact from the surge in energy prices on markets. And that is something that perhaps currency traders have not quite fully grasped just yet.For some context, the firm is arguing that the latest jump in energy prices will not be a temporary “blip”. Instead, it is looking more and more akin to a “genuine physical disruption”. And the risk of that becoming more embedded in markets will grow as the conflict drags on for longer.The firm has already raised its TTF gas…

Deutsche Bank’s Marc Schattenberg notes that the German labor market shows little evidence of a spring recovery, with unemployment still slightly above 3 million and seasonally adjusted figures flat. He highlights that the German economy started the year weakly, structural changes in key industries continue, and recent data show job losses in manufacturing outweighing gains in services.Labor market lacks spring recovery signs”There’s not much sign yet of a spring upturn in the labor market. While the number of unemployed did decrease in March, following the seasonal pattern, it remains slightly above the 3 million mark. Adjusted for seasonal influences, the…

Microsoft plans to invest over $1B in Thailand for cloud, AI infrastructure Source link

The Bank of Japan (BOJ) has long been the outlier of the global financial world. While other central banks were aggressively hiking interest rates to battle post-pandemic inflation, Japan stayed anchored to its ultra-low rate policy. However, the tides are shifting. The summary of the BOJ’s March meeting, released this week, paints a picture of a policy board in the midst of an identity crisis: Should they raise interest rates to defend the Japanese yen? Or keep them low to protect a fragile economy, even if it means watching the currency “burn?” The Setup: A Yen Squeezed From Two Directions…

The Long Short MT5 indicator is a trend-following tool that signals potential market entries for long (buy) and short (sell) positions. Unlike simple moving averages or oscillators, it combines price action with momentum analysis. It works by evaluating recent candlestick patterns alongside a weighted calculation of market strength. Traders see green markers for potential long entries and red markers for potential shorts directly on the chart. These signals don’t repaint—they remain anchored to the candle where conditions were met—so traders can evaluate historical performance accurately. For example, on GBP/JPY 4-hour charts during a trending period, the indicator might mark a…

After sliding from its .7200 highs, AUD/USD is now closing in on a key support zone. Does the pair find its footing here and bounce from this major area of interest? Or do the bears stay in control long enough to push through a couple more support levels? AUD/USD Daily Forex Chart Faster with TradingView The U.S. dollar has been making it rain as the U.S.-Israel war on Iran and a higher-for-longer interest rate outlook keep demand for the Greenback well supported. Meanwhile, the risk-sensitive Australian dollar is struggling to attract buyers, as traders brush aside hawkish RBA expectations and…

There are a few to take note of on the day, as highlighted in bold below.The first being for EUR/USD at the 1.1500 level. The expiries are large in size and so could act as a bit of a ceiling to price action on any upside extensions. The dollar has been keeping firmer since last week already, with the pair poised for six straight days of declines. So, the trend does reaffirm that the downside pressure appears to be more persistent currently.Even as risk sentiment may be faring better today after the Wall St Journal report on Trump mulling over…

Earlier this week, Federal Reserve (Fed) Chair Jerome Powell walked into a Harvard University introductory economics class and handed markets one of the clearest policy signals of the year: the Fed is not going to raise interest rates to fight inflation caused by the Iran war’s oil shock. Before he’d finished speaking, market odds of a Fed rate hike by December had collapsed from above 50% to just 2.2%. Treasury yields dropped 10 basis points across the curve. The U.S. dollar softened, and gold firmed. All from a guest lecture. Not bad for a Monday morning. But why does the…

Silver price (XAG/USD) jumps 3% to near $73.00 in the Asian trading session on Tuesday. The white metal strengthens after a report from the Wall Street Journal (WSJ) showed that United States (US) President Donald Trump is ready for peace with Iran even without the reopening of the Strait of Hormuz, the gateway of 20% of global energy supply.The WSJ reported that US President Trump told aides he is willing to end the US military campaign against Iran even if the Strait of Hormuz remains largely closed. The report also stated that administration officials assessed that forcing the waterway back…

The TTM Squeeze is a technical analysis tool primarily used to detect periods of market consolidation and potential breakouts. Developed by John F. Carter, it identifies when the market is “squeezing”—essentially when volatility contracts, usually followed by a significant price move. At its core, the indicator combines Bollinger Bands and Keltner Channels. When the Bollinger Bands contract inside the Keltner Channels, it signals a low-volatility phase, commonly referred to as a “squeeze.” Once the bands break outside, it often signals the market is ready to move, either up or down. Traders use this to anticipate breakouts rather than chase them.…