Author: FX
Chris Waller’s campaign for Fed Chair is increasingly looking like it was a blatant effort to tell Trump what he wanted to hear.Around this time last year, as he entered the race, the Fed Governor began to float dovish talking points before swinging towards a fully dovish position. He repeatedly highlighed that inflation would come down after tariffs, talked about AI deflation and focused on risks to the jobs market.Skip ahead to him losing the race and now it’s back to the sale ‘ole Waller: A predictable hawk.He was asked about how it’s difficult to make decisions based on one…
Crude Oil is repricing the death of a framework rather than any single missile exchange. West Texas Intermediate trades near $75.00, up close to 5%, with Brent near $80.00, after Trump declared the United States will reinstate its blockade of Iranian shipping and collect 20% of the value of every cargo it allows through the Strait of Hormuz. Barely a week ago the barrel had bled back to pre-war levels near $67.00 as the market priced three weeks of partial normalization; it has now un-priced nearly all of it.A toll both sides swore was illegalThe memorandum of understanding (MOU) signed…
August is watching these stocks as he teaches the basics of the Bollinger Band indicator !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
UOB’s Quek Ser Leang and Lee Sue Ann observe that AUD/USD has been range‑trading slightly higher than expected, with intraday levels seen between 0.6920 and 0.6960. The earlier tentative upside momentum has faded, and for the next 1–3 weeks the pair is expected to trade between 0.6890 and 0.6975. On a 1–3 month horizon, AUD/USD remains negative, with focus below 0.6835 toward 0.6707.Aussie Dollar stuck in tight range”24-HOUR VIEW: We expected AUD to range-trade between 0.6920 and 0.6955 last Friday. However, AUD traded within a higher range of 0.6934/0.6969. AUD closed at 0.6950 (+0.12%), but it opened on a soft…
The ceasefire is over, the mediator just got hit, and a cargo ship is disabled in the strait. Here’s what a war premium looks like when it finally has to stick. Source link
AI memory, chip stocks fall as South Korean peers tumble after SK hynix's US debut Source link
The Fire Rider Indicator MT4 aims to reduce those mistakes by helping traders recognize trend direction and momentum before making a trading decision.Poor entries often lead to unnecessary losses, emotional trading, and missed opportunities. After two or three losing trades, many traders start doubting their strategy and begin chasing the market. That usually makes the situation even worse. A reliable trend-following indicator can’t remove risk, but it can provide better structure for deciding when to enter and when to stay out.The Fire Rider Indicator MT4 offers visual trend signals that help traders focus on higher-probability setups instead of reacting to…
So much for the great “reopening”, eh?It seemed like both sides would try to at least close one eye on hostilities to play to the optics of a deal. But alas, that didn’t even last two weeks. And with that, Iran is back to placing the Strait of Hormuz in de facto closure.However, was this part of their plan all along? Perhaps so.But then again, one would think that they would have wanted to bait the US for a bit longer and drag out any negotiations for a bit more before feigning innocence in an excuse to halt talks. Whatever…
Gold prices fell in Malaysia on Monday, according to data compiled by FXStreet.The price for Gold stood at 532.01 Malaysian Ringgits (MYR) per gram, down compared with the MYR 540.62 it cost on Friday.The price for Gold decreased to MYR 6,204.98 per tola from MYR 6,305.65 per tola on friday.Unit measureGold Price in MYR1 Gram532.0110 Grams5,319.86Tola6,204.98Troy Ounce16,547.35FXStreet calculates Gold prices in Malaysia by adapting international prices (USD/MYR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly.…
Looking for a US dollar setup to kick off the trading week? USD/CAD is testing key mid-channel resistance! Source link