Author: FX

The Pound Sterling (GBP) trades lower against its major currency peers, slides 0.3% to near 1.3360 against the US Dollar (USD) during the European trading session on Tuesday. The GBP/USD pair tumbles as risk-off market sentiment is prompted due to the war in the Middle East between the United States (US), Israel, and Iran, which has dampened the demand for riskier assets. Pound Sterling Price Today The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the weakest against the Japanese Yen. USDEURGBPJPYCADAUDNZDCHFUSD0.21%0.35%-0.03%0.03%0.04%0.31%0.22%EUR-0.21%0.15%-0.26%-0.18%-0.17%0.09%0.00%GBP-0.35%-0.15%-0.38%-0.31%-0.31%-0.04%-0.13%JPY0.03%0.26%0.38%0.08%0.09%0.34%0.26%CAD-0.03%0.18%0.31%-0.08%0.00%0.27%0.17%AUD-0.04%0.17%0.31%-0.09%-0.01%0.26%0.17%NZD-0.31%-0.09%0.04%-0.34%-0.27%-0.26%-0.09%CHF-0.22%-0.00%0.13%-0.26%-0.17%-0.17%0.09% The heat map shows percentage changes of major…

An upside surprise in Australia’s GDP would add fuel to the Aussie’s bullish momentum, already supported by rising gold prices and hawkish RBA remarks. Our Event Guide for Australia’s GDP Report suggests the risks lean to the upside, with business and trade activity showing improvement. But if GDP misses, traders may use the disappointment to pull back from recent AUD strength. In that case, pairs like EUR/AUD and AUD/CHF could offer tactical pullback opportunities. Source link

Paramount’s $110 billion Warner Bros deal poised to win FCC backing, FT reports Source link

Can Australia’s GDP figure confirm the possibility of another RBA interest rate hike? Our Event Guide for Australia’s GDP Report points out that investment and trade activity picked up during Q4 2025, likely contributing to stronger economic expansion. Here’s what I’m watching on AUD/USD and GBP/AUD in this scenario. Source link

Expectations for a March RBA rate hike are running pretty high these days, so will the upcoming Australian GDP release cast doubts or seal the deal? Here’s what to look out for. Source link

Gold jumped at the weekly open due to uncertainty around the Iran war but that quickly gave way to profit taking and it sagged down to $5300. Then a second and third wave of bids arrived in Europe and the US leading to a session high of $5419 before selling into the US close and a drop to $5260.In Asian trading today, bids returned but in the past few minutes, that’s been met by aggressive sellers. Gold 5 minsLike everyone, the gold market is trying to figure out where the Iran war leads. For US adversaries, there is already one…

The Gann Swing indicator identifies and marks swing highs and swing lows on a chart. These aren’t just any price peaks or valleys—they’re significant pivot points where price has demonstrated a clear change in direction. W.D. Gann, the legendary trader from the early 1900s, developed specific rules for defining these swings, and this indicator applies those rules automatically. A swing high forms when price makes a higher high that’s then followed by a lower high. Conversely, a swing low occurs when price makes a lower low followed by a higher low. The indicator plots lines connecting these pivots, creating a…

A commander in Iran’s Revolutionary Guard Corps (IRGC) said that the Strait of Hormuz is closed and Iran will fire on any ship trying to pass, Reuters reported on Tuesday.”The strait (of Hormuz) is closed. If anyone tries to pass, the heroes of the Revolutionary Guards and the regular navy will set those ships ablaze,” said Ebrahim Jabari, a senior adviser to the Guards’ commander-in-chief.Market reactionAt the time of writing, the Gold price (XAU/USD) is trading 1.32% higher on the day to trade at $5,331. Meanwhile, the West Texas Intermediate (WTI) is down 0.31% on the day at $71.10. Risk sentiment…

Dave Q4 2025 slides: revenue surges 62%, EBITDA margin hits 45% Source link

Markets digested the reverberations of escalating US-Israeli military strikes on Iran that began over the weekend, with oil surging and safe-haven flows dominating price action as traders weighed inflation risks from potential energy disruptions against manufacturing data showing persistent price pressures. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: Military conflict erupts in the Middle East this weekend after U.S. and Israel attack Iran, followed by regional attacks by Iran on U.S. bases and allies.  Australia S&P Global Manufacturing PMI Final for February 2026: 51.0 (51.5…