Author: FX
Some Bank of Japan members call for faster rate hikes, summary shows Source link
AUD/CAD tests the .9750 support after cooler Aussie CPI, but softer oil prices may limit Loonie pressure and slow the breakdown. Source link
easyMarkets, the global CFD broker with more than 25 years of experience, has expanded its product offering with a range of new financial instruments, now available to clients on its proprietary trading platform.The new additions, broaden access to regional and global markets through a single trading environment. They include instruments linked to one of the world’s most closely watched private companies, leading listed businesses across Saudi Arabia, the UAE and Qatar, as well as new additions across indices and commodities.The launch reflects growing trader interest in accessing a wider range of global markets without changing the trading environment or risk…
With the FOMC leaning more hawkish in its latest statement, will the Fed’s preferred inflation metric further stoke tightening expectations? Here’s what to look out for. Source link
USD/JPY appears to be taunting Japanese officials, as the pair keeps breaking one resistance level after another despite intervention threats. Will we see a major move soon? Source link
Gold (XAU/USD) drifts lower for the second straight day – also marking the fifth day of a negative move in the previous six – and drops to a nearly two-week low during the Asian session on Wednesday. Despite easing inflationary concerns in the face of the recent fall in Crude Oil prices, traders have been pricing in a greater chance of a rate hike by the US Federal Reserve (Fed). This, in turn, pushes the US Dollar (USD) to a fresh high since May 2025 and turns out to be a key factor that continues to drive flows away from…
The SL TP Values Indicator MT4 was designed to solve that problem. Instead of guessing where to place stop loss and take profit levels, the indicator calculates practical price targets using market volatility, recent highs and lows, or predefined risk settings. That helps traders avoid emotional decisions during fast-moving sessions. The issue becomes worse during volatile events like Non-Farm Payroll releases or CPI data. Price can spike 30 to 50 pips within minutes, creating fake-outs and sudden reversals. Without structured exit planning, many traders end up overtrading or widening stops after entering. This indicator gives traders a more organized approach…
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade within a prescribed band around a central reference rate, or midpoint, set each trading day by the PBOC. The current trading band permits the currency to move plus or minus 2% from the official midpoint during onshore trading hours. Each morning, the PBOC determines the…
Gold price (XAU/USD) loses momentum to around $4,100 during the early Asian session on Wednesday. The precious metal extends the decline as traders cement views on the US Federal Reserve (Fed) hiking interest rates this year.Gold has faced some selling pressure since the outbreak of the US-Iran war on February 28. The recent agreement between Washington and Tehran has eased pressure on energy prices, but the inflationary impact may linger, leading to solidified market views on the Fed raising rates this year to tackle elevated costs.Also, an unexpectedly hawkish Fed meeting chaired by Kevin Warsh last week boosted expectations for…
EUR/USD breaks below the 1.14 area as selling pressure intensifies. Could buyers step in, or will the downtrend continue? Source link