Author: FX

The ECB decided to keep its three key policy rates unchanged at the July meeting, as expected, with the deposit rate at 2.25%. Lagarde said that the economic outlook was back to the baseline from the June meeting, following recent developments in energy prices. The risk assessment is also back to where it was in June, compared with the Sintra conference, where she said that risks were “more balanced”. Download the Full Report! Source link

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The technical chart is definitely looking ominous now as a firm break above $90 could easily light up the path towards $100 next. With the US continuing to launch strikes at Iran, we’re also seeing Iran step up attacks across the region and not just at US bases in the Gulf. The sporadic and spread out nature of Iran’s attacks mean that nothing is really safe in the region and they are also still keeping the Strait of Hormuz in de facto closure.To make matters worse now, there is the potential for shipping disruptions in the Red Sea too. That…

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Sterling’s rally has been driven more by positioning, carry and potentially some M&A flows than by a lasting improvement in UK fundamentals. With UK short-dated rates likely to drift lower and fiscal risks set to return ahead of the autumn, we expect sterling to hand back recent gains. Our central view remains for EUR/GBP to rise towards 0.88 by year-end.Not driven by a UK re-ratingSterling has had a pretty good summer so far. Even though it is off recent highs, sterling has still managed to rally about 2% against the euro over the last month and has generally performed well…

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The 4x Bheurekso Pattern Indicator MT4 was designed to reduce that uncertainty by highlighting recurring price patterns that can signal potential trend continuation or reversal areas. Instead of relying on guesswork alone, traders receive visual pattern signals that help them focus on higher-probability setups.The problem becomes even worse during volatile sessions such as the London open or major news releases. A single fake breakout can wipe out several winning trades and damage confidence. That’s why many traders combine pattern recognition with trend confirmation before entering the market. The 4x Bheurekso Pattern Indicator MT4 gives traders another layer of analysis by…

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investingLive Asia-Pacific market moving news: Oil holds near six week high !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link

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