Author: FX
The dollar flexed broad muscle this week as Middle East escalation and tariff headlines drove majors, while the yen and franc oddly sat out the safe-haven rally. Source link
The Iran war, an AI-spending scare from Alphabet and Tesla, and climbing Treasury yields drove the dollar, gold, stocks, Bitcoin, and oil this week. Source link
The MTF Heiken Ashi Indicator MT4 was designed to help solve that problem by showing the trend from higher timeframes while traders work on lower charts. Instead of reacting to every small price movement, it encourages patience and helps traders focus on trades that match the broader market direction. That simple change can reduce unnecessary entries during sideways conditions and improve trade selection.No indicator can predict every market move, but using higher timeframe confirmation has been part of many successful trading approaches for years. The following sections explain how this indicator works, where it performs well, and the situations where…
Bitcoin (BTC) appears to be entering the early stages of a potential bottoming process, with on-chain data showing signs of accumulation amid broader market pressure, according to Glassnode in a Friday report.The Q3 report, written in collaboration with Coinbase Institutional, maintains a neutral outlook for the quarter. The firms suggest that Bitcoin is transitioning from a corrective phase toward accumulation while a firmer macro liquidity backdrop continues to weigh on the market.Glassnode stated that the market remains under pressure from a firmer macro liquidity backdrop, with Bitcoin’s price staying more dependent on the liquidity cycle than on crypto-specific catalysts.The report…
Ethereum price today: $1,860Ethereum’s decline to a yearly low against Bitcoin has sparked calls of an ETH bottom, which eventually expands into an altcoin season.However, ETH/BTC valuation metrics have yet to reach extreme levels that historically align with an ETH bottom.ETH risks a decline to $1,800 if it fails to bounce off the 20- and 50-day EMAs.Ethereum (ETH) is showing early signs of a market bottom relative to Bitcoin (BTC), but has to confirm several other key bottoming signals before an outperformance can be expected, according to CryptoQuant.In a report released late Thursday, the analyst at the on-chain analytics firm…
investingLive Americas FX news wrap 24 Jul: Geopolitics remain the focus for traders. !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
OCBC’s Sim Moh Siong and Christopher Wong expect the Monetary Authority of Singapore (MAS) to leave the Singapore Dollar (SGD) Nominal Effective Exchange Rate (S$NEER) policy unchanged at Monday’s meeting despite a modest rebound in core Consumer Price Index (CPI) to 1.6% year-on-year in June. They argue the move does not yet signal a broad or persistent inflation impulse, and say a balanced hold should limit SGD reaction, though emphasis on imported inflation could keep S$NEER firm.Policy pause but watch statement tone”Our base case for upcoming MAS MPS looks for a hold at Monday’s meeting.””The modest rebound warrants some caution,…
The EUR/JPY consolidates around 186.00, edges down by 0.06% amid a souring of risk appetite amid the escalation of the US-Iran war, and strengthens safe-haven assets like the Japanese Yen.EUR/JPY Price Forecast: Technical outlookThe EUR/JPY trades sideways after reaching the year-to-date (YTD) high of 187.95. The cross-pair dipped toward the 183.00 area following the Bank of Japan’s (BoJ) last intervention, and since then buyers have reclaimed key resistance levels to reach the 186.00 mark.At the time of writing, the EUR/JPY remains capped within the 186.00-187.00 range, amid fears that Japanese authorities could intervene in the foreign exchange markets. But bulls…
The major stock indices are closing the day with mixed results. The Dow industrial average was the best performer with a gain of 235.04 points or 0.45% at 51952.20. The S&P index rose 3.68 points or 0.05% at 7411.97.NASDAQ index fell -161.87 points or -0.64% at 24975.82The small-cap Russell 2000 fell -0.35% . For the trading week, each of the major indices were lower:The Dow industrial average -0.38%The S&P index -0.61%NASDAQ index -2.13%While the major indices ended the week mixed, individual stock performance was anything but, with several high-profile technology names suffering sharp declines even as a handful of semiconductor,…
DBS Group Research economist Chua Han Teng argues that Malaysia’s financial markets reflect confidence in the country’s solid domestic fundamentals despite lingering Middle East geopolitical risks. The Malaysian Ringgit has outperformed regional peers, government bond yields remain stable, and resilient growth data have led DBS to upgrade its 2026 real GDP forecast to 5.2% from 4.7% previously.Ringgit strength and resilient GDP outlook”Malaysia’s financial markets are signalling investor confidence in the economy’s solid domestic fundamentals, even as geopolitical risks in the Middle East linger.””The Malaysian ringgit has outperformed its regional peers so far this year, reflecting resilient bond portfolio inflows, although…