Author: FX

Gold (XAU/USD) clings to modest intraday gains through the Asian session on Thursday, albeit the lack of follow-through buying warrants caution before positioning for any meaningful recovery from a fresh monthly low set the previous day. The US Dollar (USD) enters a bullish consolidation phase following Wednesday’s relatively hawkish Federal Reserve (Fed)-inspired rise to a two-and-a-half-week high and is seen as a key factor acting as a tailwind for the commodity.As was widely expected, the US central bank held its key policy rate unchanged at 3.50%-3.75%. Notably, the decision saw the highest number of dissents since 1992, with three policymakers…

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The Bank of Canada kept its policy rate on hold for the fourth straight time this April, but with tariffs squeezing growth and an oil-driven inflation spike on the way, the Loonie story is anything but simple. The decision came alongside the BOC’s quarterly Monetary Policy Report (MPR), which is the central bank’s full economic report card, published four times a year alongside select rate decisions. During the event, Governor Tiff Macklem delivered an opening statement that laid out three core messages: Canada’s economy is growing, inflation is being temporarily pushed up by higher global energy prices, and monetary policy…

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Earnings Call Insights: KLA Corporation (KLAC) Q3 2026 Management View “KLA delivered strong results across the board for the March quarter with revenue of $3.415 billion, up 4% sequentially and 11% year-over-year” (President, CEO & Executive Director Richard Wallace). “Highlights Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does…

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The MT5 Keltner Channel Indicator is a volatility-based technical analysis tool that plots three lines on the chart: A middle line (usually an Exponential Moving Average) An upper channel band A lower channel band The middle line commonly uses a 20-period EMA. The upper and lower bands are calculated using the Average True Range (ATR), typically multiplied by a factor such as 2.0. Unlike Bollinger Bands, which expand and contract based on standard deviation, Keltner Channels rely on ATR. That means they measure real market range movement rather than statistical dispersion. Many traders prefer this because ATR reflects actual price…

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The EUR/USD pair loses ground to near 1.1680 during the early European session on Thursday. The US Dollar (USD) strengthens against the Euro (EUR) after the US Federal Reserve (Fed) left interest rates unchanged. The attention will shift to the European Central Bank (ECB) interest rate decision later on Thursday. Fed officials decided to hold the benchmark federal funds rate steady in a range of 3.5% to 3.75% at its April policy meeting. Four officials voted against the decision, including three who objected to language in their post-meeting statement that suggested the central bank would eventually resume cutting rates. The 8-4…

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