Author: FX

Weekend – Bloomberg reporting that Binance and Kraken are said to have been targets of Coinbase-like hack attacks.The firms appear to have lost some customer data in the attacks. Reports are conflicting, though, with other reports noting that both platforms repelled the attacks ensuring no customer data was lost,BTC update, hourly candles: Later this year, ForexLive.com is evolving into investingLive.com, a new destination for intelligent market updates and smarter decision-making for investors and traders alike. Source link

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A viral AI imageThe weekend started off with a bang as the US credit rating was downgraded by Moody’s late in the day. That will start things on a soft footing but a few developments afterwards also aren’t promising:1) Bessent’s reaction to the downgradeWhen he campaigned for the job of Treasury Secretary, Scott Bessent repeatedly highlighted the poor US fiscal trajectory as his defining reason for taking the jobs. Something about politics seems to have changed that. In an interview today he said he wouldn’t put much creedence in Moody’s. He also said that GDP growth will outrun the deficit,…

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The PA Adaptive MACD is a modified version of the traditional MACD, designed to be more responsive to real-time price behavior. Instead of using fixed periods, it adapts its settings based on the pace and direction of the market. This makes it better at tracking momentum and detecting early signs of trend changes. It’s especially helpful during high volatility when other indicators might become unreliable. The indicator plots adaptive MACD lines and signal lines, making it easier to interpret trends without second-guessing. Why Is Adaptability Important in Trading Markets are constantly changing—sometimes they move fast, other times they’re stuck in…

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The Pivot Star MT4 Indicator is a simple yet powerful tool that shows pivot levels directly on your chart. These levels act like guideposts, helping traders see where price might reverse or continue. It uses past price data to calculate support and resistance zones, offering a clearer view of the market’s possible turning points. It’s great for day traders, swing traders, and even those who just want a second opinion on trend direction. How It Helps With Trading Decisions This indicator takes the guesswork out of planning trades. When price approaches a pivot level, traders can decide whether to buy,…

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The UK Times (gated) interview with Prime Minister Starmer. From the report (bolding is mine):The prime minister is expected to ­announce broad plans for a youth mobility deal on Monday as part of a wider agreement with the European UnionThe deal will bring Britain into the closest alignment with the EU since Brexit and will cover trade, agriculture, security and defence. Starmer said that the deal, to be ­announced at a meeting at Lancaster House in London, would be a “really ­significant moment”. He added that the effects would be “measured in the ­pockets of working people” in the form…

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

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ECB President Christine Lagarde says the euro’s recent appreciation against the dollar—despite global uncertainty—is “counterintuitive, but justified” by a growing loss of confidence in U.S. policymaking.Lagarde spoke in an interview with French media, La Tribune Dimanche, published on Saturday:“It’s impressive to note that in a period of uncertainty when we should normally have seen the dollar appreciate significantly, the opposite happened. It’s counterintuitive, but justified by the uncertainty and loss of confidence in US policies among certain segments of the financial markets.”Lagarde framed this as an opportunity for Europe to strengthen integration citing:the bloc’s perceived stabilityindependent central bankcredible institutionsComparing the…

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