Author: FX
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…
The Golden Arrow MT5 Indicator is a custom signal-based technical analysis tool designed for the MetaTrader 5 platform. It plots directional arrows directly on the chart when certain market conditions align. A buy arrow usually appears below price, while a sell arrow appears above it. Technically, this indicator blends trend detection with momentum filters. Most versions use a combination of moving averages, volatility measures, and oscillator logic. The goal is to avoid signaling during sideways chop and focus on structured moves. Traders often compare it to tools like SuperTrend or Moving Average crossover systems. The difference is in presentation. Instead…
Slightly stronger U.S. data boosted the dollar, but war driven uncertainty and rising input costs continue to cloud the broader outlook. Source link
EUR/GBP shows a bearish Stochastic crossover on the daily, implying a conditional cooling of upside momentum and pullback risk. Will price confirm the rollover with a pullback, or will buyers reclaim momentum? Source link
Risk-on optimism over a potential U.S.-Iran conflict resolution drove equities higher and crude oil sharply lower on Wednesday, as the dollar weakened broadly against most major currencies. Source link
US-Iran backchannel diplomacy intensifies, but prospects for a deal remain limited.Summary:US engaging Iran via intermediaries including Pakistan Vance leading backchannel efforts tied to Hormuz reopening Iran confirms message receipt but denies direct negotiations US intelligence sees low willingness from Iran to engage Ceasefire discussions remain early-stage and highly uncertain The United States is intensifying backchannel diplomatic efforts with Iran, using intermediaries including Pakistan to relay messages, as Washington explores a potential ceasefire framework tied to reopening the Strait of Hormuz.US Vice President JD Vance has been at the centre of these efforts, engaging regional mediators as recently as this week…
BNY’s Geoff Yu highlights Latin America as the most resilient region across assets, with regional currencies overheld and equities attracting net inflows despite broader risk-off conditions. Within the region, Brazil is framed as a diversified, high-yield “hedge” market, while Peru is seen as a concentrated, single-commodity play tied closely to Silver and risk-on sentiment.Brazil seen as hedge, Peru as high beta”Latin America remains the most resilient region across all asset classes. On a holdings basis, all currencies in the region remain comfortably overheld. LatAm was also the best-performing equity region, and our data show that it was the only regional…
The broader market is optimistic about a resolution in Hormuz and Iran despite mediocre and mixed signals from Washington and Tehran. The S&P 500 is up 1.2% in a continued rally from yesterday and it’s tough to hang it on any headline.Trump has repeatedly indicate that the US is ready to declare ‘mission accomplished’ and leave Hormuz for others to clean up. That’s not exactly a great sign about reopening.A report today said other countries could threaten Iran with sanctions if they don’t reopen but it’s hard to imagine that breaking the back of a country that’s been hit by…
The Pound Sterling (GBP) advances over 0.70% on Wednesday as risk appetite improved amid speculation of an end to the Middle East conflict, following US President Donald Trump’s statement, “We’re going to be out of Iran pretty quickly.” GBP/USD trades above 1.3300 after bouncing off daily lows of 1.3216.Sterling advances as risk-on mood dents US Dollar despite hot pricesOn Tuesday, rumors surfaced that Trump was considering withdrawing from the conflict, even though the Strait of Hormuz would remain shut. Nevertheless, a Daily Mail columnist reported that sources at the White House said Trump is “considering taking Kharg Island.”Risk appetite improved…
Trust Stamp GAAP EPS of $2.76 beats by $3.86, revenue of $3.18M misses by $3.07M Source link