Author: FX

Even with the dollar’s recent slump, the yen is unable to get off the floor too as Japan continues to suffer heavily from the Middle East conflict. The closure of the Strait of Hormuz is hitting Asian countries hard and Japan is one to be impacted quite badly in all of this. That has already seen the country push for a release of emergency oil reserves, with a second round likely to follow next month.The fact that Japan relies so heavily on oil imports is a major dampener for the economy, not least with surging energy prices. That will feed…

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According to a report from The Wall Street Journal (WSJ), the United States (US) has suspended shipments of US Dollars (USDs) to Iraq, which were proceeds from Federal Reserve Bank of New York accounts against oil sales, in an attempt to cripple an Iran-backed military group in Baghdad.A cargo plane delivery of nearly $500 million was blocked by officials from the US Treasury Department.The US had already warned that it would halt the delivery of oil proceeds to Baghdad if it didn’t form the next government and arrest militia members for attacking the US embassy and troops in Iraq. Risk…

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The Footprint Indicator MT5 tackles this blind spot head-on. It breaks open each candlestick and shows the actual volume traded at every price level, split between buyers and sellers. Instead of guessing who’s in control, traders can see it. That shift from assumption to observation changes how entries and exits get managed. Let’s break down exactly how this tool works and where it fits in a real trading plan. What Is the Footprint Indicator MT5? At its core, a footprint chart is an advanced volume visualization tool. Unlike traditional candlestick charts that show open, high, low, and close, the Footprint…

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JPMorgan says the U.S.-Iran ceasefire is bearish for the dollar, re-entering selective USD shorts and favouring high-yielding currencies like AUD, NZD and EM FX as geopolitical risk eases.Summary:JPMorgan sees U.S.-Iran ceasefire as USD-negative Re-enters USD shorts with more selective approach Focus shifts to carry-efficient positioning Sticky inflation supports high-yielding currencies Commodity FX and EM currencies favoured Reduced geopolitical risk weakens USD demand Gradual, not broad-based, USD downside expected JPMorgan sees the U.S.-Iran ceasefire as a negative catalyst for the U.S. dollar, arguing that easing geopolitical tensions reduces the currency’s safe-haven appeal while reopening opportunities to position for renewed weakness in…

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The NZD/USD receded during the American session, recovering toward the 0.5880 area as the US Dollar (USD) lost some traction despite ongoing geopolitical risks and political pressure on the Federal Reserve.While the Greenback initially held firm on safe-haven demand linked to tensions around the Strait of Hormuz, momentum faded earlier in the Asian session. A pullback in US yields and a modest improvement in risk sentiment allowed currencies like the Kiwi to gain ground.Markets also digested fresh comments on United States (US) monetary policy, as President Donald Trump reiterated his preference for lower interest rates, stating he would be “disappointed”…

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