Author: FX

Iran’s ‌parliament speaker, Mohammad Baqer Qalibaf, said in a post on X on Friday that two previously agreed measures, a ceasefire in Lebanon and the release of Iran’s blocked assets, must be implemented before negotiations begin.Qalibaf posted on X:“Two of the measures mutually agreed upon between the parties have yet to be implemented: a ceasefire in Lebanon and the release of Iran’s blocked assets prior to the commencement of negotiations.These two matters must be fulfilled before negotiations begin.”Market reactionThe US Dollar Index (DXY) fell towards 98.60 earlier in the day, but seems little changed by the news. US Dollar Price…

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FUNDAMENTAL OVERVIEWUSD:The US dollar sold off across the board on Wednesday after Trump announced on Truth Social a two-sided ceasefire agreement for two weeks while the US and Iran negotiate a lasting peace deal. Since then, the price action became more rangebound due to Israeli attacks against Lebanon which the Iranians have been saying was part of the ceasefire agreement. The good news is that Iran held off from retaliating ahead of the peace talks in Islamabad this weekend. But the uncertainty has been keeping the markets in check, nonetheless. Everything hinges on these peace talks as the restart of…

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Silver price (XAG/USD) trades in a tight range around $75.00 during the European trading session on Friday. The white metal consolidates as investors await the United States (US) Consumer Price Index (CPI) data for March and the outcome of negotiations between the United States (US) and Iran on a permanent ceasefire in the Middle East, which are scheduled in Pakistan over the weekend.According to estimates, the US headline CPI grew strongly by 3.3% Year-on-Year (YoY) against the previous reading of 2.4%. The core CPI – which strips off volatile food and energy items – rose at a faster pace of…

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The Sniper Entry Indicator is a technical analysis tool built for the MetaTrader 4 platform that generates buy and sell signals based on price momentum and trend direction. Unlike basic moving average crossovers, this indicator combines multiple data points to filter out weak signals and focus on entries that have a higher statistical chance of success. When conditions align, the indicator plots arrows directly on the chart—typically a blue arrow for long entries and a red arrow for short entries. These arrows appear at specific candles where the indicator’s algorithm detects favorable conditions. Traders don’t need to calculate anything manually…

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Australia seeks fuel security in Singapore as Hormuz disruption hits supplyJapan wholesale inflation jumps as BOJ flags stagflation risk from oil shockJapan to release more oil reserves, shift supply away from Hormuz routesChina inflation turns but signals “bad inflation” as energy costs rise and demand lagsBoJ flags stagflation risk if Middle East shock deepens, but says Japan not there yet.Japan finmin Katayama: govt ready to take decisive action but won’t elaborateChina March 2026 CPI 1.0% y/y (expected 1.2%) PPI 0.5% y/y (expected 0.4%)PBOC sets USD/ CNY reference rate for today at 6.8654 (vs. estimate at 6.8313)Bank of Korea holds policy…

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The USD/JPY pair gathers strength to around 159.15 during the Asian trading hours on Friday. Ongoing concerns regarding the Strait of Hormuz and the Middle East continue to lift the US Dollar (USD) against the Japanese Yen (JPY). Traders will keep an eye on the US March Consumer Price Index (CPI) inflation report, which is due later on Friday. US President Donald Trump said late Tuesday that he had agreed “to suspend the bombing and attack of Iran for a period of two weeks” on the condition that Iran re-opens the Strait of Hormuz. Earlier Friday, Trump accused Iran of doing a “very…

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