Author: FX

General business activity: +0.2 (prev. -1.2)Production: 12.5 (prev. 12.2)New orders: 11.1 (unchanged)Capacity utilization: 11.8 (prev. 6.8)Employment: 7.5 (unchanged)Hours worked: 6.1 (prev. 0.7)Finished goods prices paid: 17.9 (unchanged)Raw materials prices paid: 31.7 (prev. 36.7)Wages and benefits: 31.9 (prev. 17.4)Texas factory activity continued to expand in February, with the Dallas Fed’s production index holding largely steady at 12.5, pointing to an above-average pace of output growth. The broader picture from the Texas Manufacturing Outlook Survey was one of stability rather than acceleration, with most indicators suggesting the sector is maintaining its footing without breaking new ground.The capacity utilization index was a bright…

Everyone knows AI is changing the world. Most stock traders and investors are chasing the obvious plays: chip makers and the Big Tech giants. But there’s a part of the AI story that almost nobody is talking about. It involves trucks. Very large trucks. Or specialized trucks. And a problem that billions of dollars can’t easily solve. You Can’t Download a Data Center Every time you use ChatGPT, Claude, Gemini, or Grok, that request travels to a data center, which is a massive warehouse packed floor to ceiling with servers. And to handle the explosion in AI demand, companies like…

ING’s FX team maintains a bearish Dollar baseline for 2026, expecting lower front-end US rates and softer US growth in the second half of the year to support EUR/USD. With Eurozone data seen improving relative to the US and risks concentrated on the US side, the bank projects EUR/USD to grind higher into year-end.Fed cuts and Eurozone resilience support upside”Our baseline view for the dollar is a bearish one for the remainder of 2026. USD hedging should keep up at a good pace thanks to lower front-end rates (we expect two Fed cuts this year), and a slowdown in US…

FUNDAMENTAL OVERVIEWOil prices rallied all the way back to the resistance around the 66.50 level after a report from Axios suggested that a war between the U.S. and Iran appeared increasingly likely. Traders hedged into the weekend risk driving prices higher. There was no escalation over the weekend, on the contrary, we got some positive signals with the Oman’s Foreign Minister confirming a third round of talks between the two parties on Thursday in Geneva. Oil prices eased consequently as the market reopened. The market expectation is still skewed towards some type of military intervention which keeps the geopolitical risk…

ING analysts Warren Patterson and Ewa Manthey note that Oil, specifically ICE Brent, rallied strongly last week on rising geopolitical risks around potential US action in Iran, but is trading softer as further US-Iran talks are scheduled. They highlight renewed US tariff uncertainty and still-elevated speculative positioning in Brent.Brent eases after strong geopolitical rally”The oil market had a strong week last week. ICE Brent settled almost 6% higher over the period as uncertainty over potential US action in Iran builds, with the US continuing to move military assets into the region and US President Donald Trump giving Iran a deadline…

The Candle Pips Indicator for MT5 solves this by displaying the exact pip range of each candle directly on your chart. No guessing, no calculations just immediate visual feedback on price movement strength. Let’s explore how this simple tool can sharpen your trading decisions. What the Candle Pips Indicator Actually Measures At its core, this indicator calculates the high-to-low range of each candle and displays it in pips. That’s it. No complex formulas or lagging calculations just raw price movement data. The indicator subtracts the candle’s low from its high, then converts that value to pips based on the currency…

Leverage is one of the most emotionally charged words in trading, praised as the fast lane to big returns, blamed when accounts blow up. The reality is far less dramatic: leverage is just a tool. It doesn’t create losses or gains on its own; it amplifies whatever risk decisions you make. Treat it with intention, and it becomes a way to do more with less capital. Treat it casually, and it quietly accelerates your mistakes. This guide reframes leverage, margin, liquidation and risk of ruin as core parts of your risk architecture, not fine print. The goal isn’t to scare…

Traders who work in the forex market understand that achieving consistent results is a difficult proposition. The forex markets are some of the most complex and fast-moving markets in the world, with prices influenced by just about everything that happens across the world. In such markets, making use of intelligent automation can be key to achieving more consistent results. Anyone who has spent any amount of time trading on the foreign exchange (forex) market knows that it is a harsh environment to trade in. Of all of the different financial markets, the forex market might be the fastest and most…

At a glance:US Supreme Court struck down Trump’s IEEPA tariffs; Trump responded with flat 15% global tariffRefund uncertainty adds fresh legal and policy ambiguityUSD broadly sold; EUR/USD back above 1.18USD/JPY fell sharply toward 154.00Gold hit three-week high; oil eased on Globex reopenUS-Iran talks to resume Thursday, interim deal possibility flaggedCrypto slid sharply; Bitcoin back below US$65K amid liquidation chatterMarkets entered the session digesting Friday’s major development: the US Supreme Court struck down President Donald Trump’s IEEPA-based tariff regime. In response, Trump announced a new flat 15% global tariff, up from the 10% rate initially flagged. Uncertainty remains over potential tariff…

The USD/CAD pair drifts lower to near 1.3665 during the Asian trading hours on Monday, pressured by lower crude oil prices and US tariff uncertainty. Traders await the release of the US Producer Price Index (PPI) report for January, which is due later on Friday. The US Supreme Court struck down President Donald Trump’s sweeping tariffs that he pursued under the International Emergency Economic Powers Act (IEEPA), a law meant for use in national emergencies. Trump has responded by lashing out at the court and imposing a blanket 15% levy on imports, which undermines the US Dollar (USD). Economists said most Canadian exports…