Author: FX
Coinbase restores prediction markets trading after technical issue Source link
Gold poised for a recovery as many negatives already priced in – Credit Agricole !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
EUR/CAD gains ground after two days of losses, trading around 1.6210 during the European hours on Thursday. The currency cross remains stronger following stronger-than-expected trade data from Germany.Germany’s Trade Surplus widened to €19.1 billion in May, marking the largest surplus since February. This comfortably beat market forecasts of €14.8 billion and followed an upwardly revised €14.7 billion surplus in April. This expansion was driven by an unexpected 0.9% month-on-month surge in German exports, which hit a three-and-a-half-year high and defied expectations of a 0.3% decline. Conversely, imports dropped by 2.5% to a three-month low, missing the estimate for a 0.1%…
Biggest stock movers Thursday: AZN, AP, and more Source link
Hawkish central bank signals hit markets, but traders rewarded the Kiwi and sold the dollar anyway. What’s up with that?! Source link
The Point of Control Indicator MT4 helps solve that problem by highlighting the price level where the highest trading volume or market activity has taken place within a selected range. Instead of guessing where buyers and sellers are likely to react, traders can focus on levels that have already proven their importance. This often leads to better trade timing and more disciplined decision-making.Many experienced traders combine the Point of Control with support and resistance, candlestick confirmation, and trend analysis instead of relying on it by itself. The sections below explain how the indicator works, where it performs best, and how…
On June 18, Iran and the U.S. signed a memorandum of understanding intended to mark the beginning of the end of their military standoff. The deal included 14 points, among them the lifting of the U.S. naval blockade and other regional restrictions on Iran, while Tehran agreed to reopen the Strait of Hormuz.Fast forward a couple of weeks, and things aren’t exactly going according to plan: Two commercial vessels were struck by Iranian missiles while transiting the Strait of Hormuz late Monday. Earlier, on Friday and Saturday, at least eight vessels sailing off the coast of Oman suddenly changed course.…
An oil supply shock this week flipped the usual script for the Canadian dollar, as Trump declared the US-Iran ceasefire over. Can the Canadian employment report turn things around for USD/CAD? Source link
USD/CAD is sitting on a major support just as Canada is printing a top-tier economic update! Will bulls defend the floor, or are bears about to get their breakout? Source link
USD/IDR extends its gains for the second successive day, trading around 18,140 during the Asian hours on Thursday. The Indonesian Rupiah (IDR) holds losses ahead of May’s Retail Sales data due later in the day. US weekly Initial Jobless Claims will be eyed later in the North American session.The upside of the USD/IDR pair could be restrained as the US Dollar (USD) struggles following the release of Wednesday’s Federal Reserve (Fed) Meeting Minutes. The committee remains deeply divided over the trajectory of inflation, specifically whether it will remain sticky or begin to cool as geopolitical conflict in the Middle East…