Author: FX
The news, ICYMI:TRUMP HAS AGREED TO SUSPEND IRAN BOMBING FOR TWO WEEKSIran confirms US talks, says ceasefire hinges on finalising 10-point dealJoy for now, with difficult negotiations ahead. How long will this tentative ceasefire last? Some are giving it 48 hours. Don’t touch that dial! This article was written by Eamonn Sheridan at investinglive.com. Source link
US President Donald Trump revealed via a post in Truth Social that he’s suspending the attacks by two weeks on Iran. His full post in his account in Truth Social said: Based on conversations with Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, of Pakistan, and wherein they requested that I hold off the destructive force being sent tonight to Iran, and subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz, I agree to suspend the bombing and attack of Iran for a period of two weeks. This…
Large-cap consumer discretionary stocks with A grade EPS revisions Source link
U.S. crude stockpiles rose 3.7M barrels last week, API says Source link
Brown Brothers Harriman’s (BBH) Elias Haddad anticipates the RBI, NBP, BCRP and BOK will all leave policy rates unchanged at upcoming meetings. However, the bank flags asymmetric risks: RBI could turn restrictive, NBP may validate hike expectations, BCRP faces upside inflation risks, and BOK could shift hawkish in its rate projections over the next six months.Asia and EM central banks balance inflation risks”The Reserve Bank of India (RBI) is widely expected to keep the policy rate unchanged at 5.25% for a second consecutive meeting (Wednesday). The risk is the RBI shifts its neutral stance to restrictive because of the worsening…
Following a series of successful cashback promotions in 2025, leading broker XM has launched a new cashback promotion that pays clients for their trades. In spring 2026, it amps up its offering rewarding active traders up to $7 back for every lot traded and giving them the option to unlock an unlimited amount of cash. For a limited time, from 7 April to 7 May 2026, verified XM traders globally can increase their cashback earnings per lot, as they trade popular markets. Designed to boost client engagement and introduce XM’s award-winning products to a wider audience, the event rewards consistent…
The Euro (EUR) extends losses against the British Pound (GBP) for the second consecutive day on Tuesday, approaching the bottom of its near-term horizontal range at 0.8700, from Monday’s highs at 0.8735.The pair has been unfazed by the moderate upward revision of the Eurozone’s HCOB Services Purchasing Managers’ Index figures, which were revised up on Tuesday.Mixed Eurozone services dataBusiness activity in the countries sharing the Euro expanded at a 50.2 pace, according to final estimations, an inch higher than the 50.1 preliminary reading but well below the 51.9 reading seen in February.Spain’s services sector has been the main driver of…
The MT4 Daily Pivot Point Indicator is a technical analysis tool that calculates and displays daily pivot levels directly on a MetaTrader 4 chart. These levels act as potential support and resistance zones for the current trading day. Unlike dynamic indicators that change with every candle, daily pivots stay fixed until the next session. At its core, the indicator plots a central pivot point (PP) along with support levels (S1, S2, sometimes S3) and resistance levels (R1, R2, sometimes R3). Many traders treat these as decision areas rather than exact prices. Price reactions near these zones often reveal whether buyers…
There are just a couple of expiries to take note of on the day, as highlighted in bold below.They are for EUR/USD at the 1.1500 and 1.1525 levels. They don’t tie to any technical significance but could play some role in terms of limiting price action in the session ahead, depending on the market mood.For now, risk optimism is starting to fade once again as we near the deadline of US president Trump’s ultimatum towards Iran. He threatened that all hell will break loose if Iran fails to agree to ceasefire terms and reopen the Strait of Hormuz. And for…
NZD/JPY is in correction mode, with geopolitical developments and an upcoming RBNZ decision possibly setting direction. Source link