Author: FX
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The Pound Sterling (GBP) revisits the almost 12-week high to near 1.3500 against the US Dollar (USD) during European trading hours on Tuesday. The GBP/USD pair gains as the US Dollar faces intense selling pressure, with traders remaining confident that the Federal Reserve (Fed) will deliver at least two interest rate cuts in 2026.At the time of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.16% lower to near 98.00. The DXY is not very far from revisiting the 97.87 low posted last week.According to the CME FedWatch tool, the odds of…
Versus Trade has reported a strong market entry, reaching $75 billion in trading volume and over 100,000 registered accounts within its first six months of operation. The brokerage’s early performance reflects a launch strategy focused on differentiated products, infrastructure readiness, and early regulatory alignment rather than short-term promotional activity.The broker entered the market with full MetaTrader 5 (MT5) infrastructure and a product suite designed to support relative-performance trading, positioning itself distinctly within the competitive trading landscape.Early Market Performance and ExpansionFrom day one, Versus Trade attracted traders from over 45 countries, enabled by a streamlined onboarding process that averages just two…
It seems like former central bankers in Japan are not shying away from the press, amid intense scrutiny against the BOJ and the government. I guess it’s easier when you’re not the one in the hot seat, eh?Adachi says that the government’s fiscal policy ambitions have driven markets to sell Japanese bonds and the yen currency. Adding that things could worsen further for domestic assets come next year.For some context, Adachi was part of the BOJ up until March this year. So, he’s one of the more recent policymakers to comment but then Takaichi’s reign is something that the central…
The BB MT4 Indicator helps solve this problem by showing clear volatility levels and potential breakout zones. By using its upper, middle, and lower bands, traders can better understand price behavior and make more confident decisions. This article explains how it works and how anyone can apply it effectively. What the BB MT4 Indicator Does The BB MT4 Indicator is designed to measure market volatility and help traders see how far the price can stretch before it becomes overbought or oversold. It displays three bands that move with price an upper band, a middle moving average, and a lower band.…
Japanese Prime Minister Sanae Takaichi said on Tuesday that national debt level is still high, adding that it may be possible to cut the amount of new bond issuance for fiscal year 2026 budget. Key quotes Responsible proactive fiscal policy does not mean irresponsible bond issuance or tax cuts. Japan national debt level is still high. It may be possible to curtail the amount of new bond issuance for fiscal year 2026 budget. Bank of Japan rate hike was carried out to stably and sustainably achieve 2 percent inflation target. Market reactionThe USD/JPY pair is losing 0.59% on the day to trade at 156.07 at the press…
The latest move in USD/JPY has pushed momentum into overbought territory just as price pulls back from recent highs. This development hints at a possible shift in short-term sentiment after an extended climb. If you’re looking for mean-reversion or exhaustion setups, you may find this a timely signal to reassess risk. What MarketMilk Has Detected MarketMilk has detected that the Stochastic(14,3,3) on USD/JPY has closed today into overbought momentum territory, reaching 85.38 and crossing above the 80.00 threshold. This has occurred after a multi-week rise from the 148.50–150.00 region in late September to recent highs above 157.50 on 2025-12-18. Price…
SummaryStarlink said its global customer base has exceeded 9 million users.The figure is up from 8 million reported just a month earlier.Growth reflects expanding satellite capacity and global rollout.Starlink is a key revenue pillar within SpaceX’s long-term strategy.Rapid adoption underscores strong demand for low-orbit broadband.Satellite internet provider Starlink, owned by SpaceX (to go public soon in an unusual way?) , said its global customer base has surpassed 9 million users, marking a sharp increase from 8 million just one month earlier and underscoring accelerating demand for its broadband services.The milestone highlights the pace at which Starlink has expanded since moving…
The Fractals Price MT4 Indicator is designed to highlight key points where the market changes direction. It shows small arrows or markers above and below candles to identify potential swing highs and swing lows. These fractals act as natural support and resistance levels. Traders like this indicator because it keeps the chart simple while still giving useful information. Instead of guessing where the market might turn, they can rely on fractal signals to confirm areas of interest. Why This Indicator Matters for Traders This tool is especially helpful for traders who struggle with timing. Fractal levels reveal the structure of…
The USD/JPY pair attracts some sellers to around 157.00 during the early Asian session on Tuesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) after Japanese officials warned against “one-sided and sharp” currency moves, raising fears of intervention. Japan’s top foreign exchange official, Atsushi Mimura, said on Monday that recent foreign exchange moves were one-sided and sharp. Mimura added that he is concerned about the foreign exchange move and that the government will take appropriate action against excessive actions. Some verbal intervention from Japanese authorities could provide some support to the JPY and act as a headwind for the pair. Markets expect…