Author: FX

Danske Bank analysts highlight the newly finalised EU–India trade agreement, which will remove tariffs on over 90% of traded goods within seven years. India currently represents just 1.5% of Euro area exports but is projected to grow around 6.5% annually to 2030. The deal notably cuts car tariffs from 110% to as low as 10% and eliminates duties on car parts.Tariff cuts open structural export potential”The EU and India have finalised a trade agreement 20 years in the making. The deal will eliminate tariffs on over 90% of goods traded between the regions within seven years.””While short-term economic changes are…

USD/JPY is down heavily for the second straight day following Takaichi’s election win. The two-thirds majority in the lower House gives her wide latitude to govern and has led to a flood of money into Japanese equities. The Nikkei is up 7% in two trading days and USD/JPY reflects some of that enthusiasm as money flows out of dollars and into yen.Japan faces a debt problem but a strong government gives Takaichi stability and the ability to structurally reform the economy where necessary, including making unpopular moves. She had campaigned on more stimulus though, so the market will be carefully…

JPMorgan enters Q1 with strong capital, rising earnings, and steady loan growth. The bank beat expectations with net income of $14.6B, EPS above $5, and revenue near $46B, showing resilient consumer activity and solid trading performance. Credit costs increased, but capital ratios stayed strong, keeping risk well‑contained.For this quarter, expect stable revenue, firm profitability, and cautious credit management. Markets may stay volatile, but JPMorgan usually benefits from active trading conditions. Deposits and loans continue to grow modestly, supporting liquidity and earnings. Overall, JPMorgan should deliver steady performance with mild upside despite macro uncertainty.Elliott Wave outlook: JPM weekly charts August 2025In…

Kyrgyzstan president fires powerful security chief, a longtime ally Source link

FUNDAMENTAL OVERVIEWCrude oil continues to consolidate between key technical levels as traders await new developments from the US-Iran negotiations. Yesterday, Iran’s atomic energy chief said that Iran would be open to dilute its highly enriched uranium if the United States lifted all sanctions. The rangebound price action is clearly showing indecision in the market as the focus remains on the geopolitical risk. Nonetheless, the macro backdrop has also been supporting higher oil prices.In fact, OPEC+ continues to hold output steady, and demand is expected to improve as last year’s uncertainty fades. This should continue to support the oil market unless…

ING’s Frantisek Taborsky notes quiet Central and Eastern European trading, with EUR/PLN and EUR/CZK staying in usual ranges, while EUR/HUF breaks to two-year lows below 377. Taborsky attributes Forint strength to a weaker Dollar, hopes over Ukraine-Russia peace, and Hungary’s relatively high key rate, with cautious National Bank of Hungary guidance seen supporting stability.EUR/HUF pressured by external and carry”EUR/HUF remains a different story and yesterday we saw another gap lower with new more than two-year lows below 377. We see the forint benefiting from the external situation of a weaker US dollar and some hopes for a peace agreement between…

JLR to recall 2,278 electric SUVs in US over fire risk warning, NHTSA says Source link

Divergence occurs when price action and a momentum oscillator move in opposite directions. The MT4 divergence indicator automates the process of spotting these discrepancies across multiple timeframes and currency pairs. Instead of manually drawing trendlines on both price and oscillator windows, the indicator does the heavy lifting. Most MT4 divergence indicators scan for four types: regular bullish, regular bearish, hidden bullish, and hidden bearish. Regular divergence signals potential trend reversals. Hidden divergence suggests trend continuation after a pullback. Traders who understand this distinction avoid confusing signals that occur during different market phases. The calculation logic varies by indicator, but most…

AUD/USD is back at a familiar inflection point that acted as resistance in late January! Will the pair turn lower from the previous area of interest? Or will AUD/USD bust through its pattern faster than we can learn how to say, “Tití Me Preguntó?” AUD/USD 4-hour Forex Chart Faster with TradingView In case you missed it, the U.S. dollar got clobbered on the charts earlier this week as dovish Fed speculation dragged the Greenback lower. The Australian dollar, meanwhile, picked up a few pips thanks to a wave of risk-taking across markets. That was earlier in the week, though. With…

Uncle Sam is dropping its first labor market numbers for the year! Our Event Guide for the January U.S. Non-Farm Payrolls report leans toward softer job growth, a setup that could strengthen the case for further Fed rate cuts down the road. If the NFP release comes in dovish for the Greenback, price action on USD/JPY and GBP/USD could start flashing opportunities for dollar bears. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™…