Author: FX
L3Harris confidentially files for missile unit IPO Source link
Japan’s industrial production fell 0.5% in March, missing the +1.1% forecast, as Hormuz-linked disruptions cut chemical and fuel output. Manufacturers see a further decline in April before a 2.2% rebound in May. investingLive Exclusive 10m ago Source link
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…
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…
Markets navigated a historic four-way Fed dissent and Trump’s indefinite Iran blockade extension Wednesday, with WTI topping $104 and the dollar closing as the strongest major currency. Source link
The oil market is in a bit of a panic today. The main catalyst is a Politico report saying:White House officials huddled with oil industry executives Tuesday to discuss steps to tamp down the surge in energy prices in the event the U.S. keeps its blockade of Iranian ships in place for months.There are also increasing reports about US military activity in the region and a report saying the US had planed for a short wave of strikes. Weighing against that is a report that a US aircraft carrier has left the region.The market appears to be concluding that the…
At the post-meeting press conference, Jerome Powell outlined the reasoning behind the decision to leave interest rates unchanged after the March meeting and fielded questions from reporters on the outcome.Powell’s press conference highlightsInflation remains elevated, in part reflecting increases in energy prices.The current policy stance is appropriate and is promoting progress towards our goals.Developments in the Middle East are contributing to uncertainty.We remain attentive to risks on both sides of our mandate.Consumer spending remains resilient.The unemployment rate has changed little.Slower job growth reflects slower labour force growth.Labour demand has also softened clearly.We see PCE inflation at 3.5% in March, with…
Two Jewish men stabbed in London, police treat attack as terrorism Source link
So the United Arab Emirates announced it’s leaving OPEC. After nearly 60 years of membership, Abu Dhabi looked at the cartel it helped build and basically said, “It’s not you, it’s me.” Then it packed its bags. The official statement cited the UAE’s “long-term strategic and economic vision.” Which is diplomatic speak for “we are SO done here.” Effective May 1, 2026, the UAE is out.✌️ This is a big deal. But a lot of the initial headlines are missing the full picture. Let’s actually understand what happened. Source link
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: investingLive is not an investment advisor, investingLive provides references and…