Author: FX
If you trade XAG/USD, silver CFDs, silver futures, or silver ETFs, here’s what moved silver this week and what to watch next week. Silver opened the week at $64.85 and dropped nearly 12% over Tuesday and Wednesday under hawkish rate expectations and a stronger dollar. PCE came in line with consensus on Thursday, the dollar fell, and silver recovered. Silver closed the week at $59.45, down 8.78%. The Week in Review Let’s take a look at what silver did this week. Monday: Iran Deal, Modest Gain US-Iran talks in Switzerland produced a 60-day peace roadmap. Oil sold off, easing inflation concerns…
If you trade XAU/USD, gold CFDs, gold futures, or gold ETFs, here’s a deeper dive into what moved gold this week and what to watch going into next week. Gold entered this week with three straight weekly losses. A 60-day Iran ceasefire agreed Monday gave gold a brief lift before continued repricing of Fed tightening expectations sent the dollar to a one-year high, and pushed gold through $4,000 for the first time since November 2025. Source link
FedEx reported earnings this week and it’s a company worth watching because freight demand is a great proxy for economic activity. Here is Brie Carere, EVP & Chief Customer Officer:“I was concerned a quarter ago that we maybe would see some demand destruction. That has not at all been the case.”Raj Subramaniam, President & CEO“We are growing revenue in the most premium segments of the global economy.”Combined, these two quotes highlight what is going on in the global economy and particularly in the US. Growth is surprisingly resilient to shocks like Trump’s tariffs and the Iran war. That’s a very…
Iran says it hits US-linked targets as Bahrain reports drone attack Source link
US strikes Iran in response to attack on cargo ship in Strait of Hormuz Source link
The Cvd Indicator MT4 becomes useful. Many traders struggle with false breakouts, weak trend continuation, and entries that look good but fail quickly. The result is frustration, emotional decision-making, and unnecessary account drawdown. The Cvd Indicator MT4 helps traders read market pressure by focusing on buying and selling activity rather than relying only on candles. It adds another layer of context that can improve timing and confidence when used correctly. Understanding how it works and where it fits into a trading plan makes a noticeable difference. What Is the Cvd Indicator MT4? The Cvd Indicator MT4 (Cumulative Volume Delta Indicator)…
HSBC portrays Vietnam as one of Asia’s fastest-growing economies, supported by booming electronics exports and import-intensive manufacturing. However, a widening trade deficit and elevated Oil prices are eroding the current account surplus and pushing inflation above the State Bank of Vietnam’s ceiling. The bank trims its external surplus forecast and raises its 2026 inflation projection.Fast expansion with external and price pressures”Despite moderating from last year’s 8%, the country saw rather decent growth of 7.8% y-o-y in 1Q26. This easily made Vietnam sustain its position asone of Asia’s fast-growing economies.””Nevertheless, a detailed look at trade data shows Vietnam’s trade resilience. Exports…
Zuckerberg asks Meta to explore working with Polymarket and Kalshi, NYT reports Source link
OCBC’s FX strategists Sim Moh Siong and Christopher Wong highlight that USD/SGD has eased as US Dollar (USD) momentum softened on core Personal Consumption Expenditures (PCE) Price Index data, with the pair around 1.2960. Bullish daily momentum remains, but Relative Strength Index (RSI) is turning lower from overbought, and they are monitoring whether this turnaround extends or attracts dip-buying. They flag potential distortion from quarter-end flows and outline nearby support and resistance levels.Pair eases as USD momentum softens”USD/SGD found reprieve overnight as USD momentum eased on core PCE data. Pair was last at 1.2960 levels.””Bullish momentum on daily chart remains…
HSBC notes that Thailand’s 1Q26 growth beat expectations on the back of strong electronics exports and robust private investment and consumption, supported by AI-related activity and fiscal stimulus. However, non-AI sectors face Chinese competition, and consumption is expected to cool as subsidies fade. The bank upgrades 2026 growth but cuts its 2027 forecast and sees inflation easing below 2%.Short-term boost, medium-term headwinds”Growth in 1Q26 exceeded expectations, accelerating to 2.8% y-o-y despite the turmoil in the Middle East. Sectors and industries that are part of the data centre and AI supply chains were particularly buoyant.””Goods exports from Thailand surged 15.5% y-o-y…