Author: FX

No direct talks with the US took place, only messages via intermediaries Proposals conveyed to Iran have mostly been ‘unrealistic, unreasonable and excessive’Tehran is dismissing reports of direct negotiations with Washington, clarifying that recent diplomatic exchanges have been limited to messages conveyed through third-party intermediaries. Iranian Foreign Ministry spokesperson, Esmaeil Baghaei, emphasized that these communications do not constitute formal “talks,” reiterating the long-standing refusal to engage in direct dialogue under current conditions.According to the Foreign Ministry, the proposals received from the US via these mediators have been largely characterized as “unrealistic, unreasonable, and excessive.” Iranian officials suggest that the terms…

EUR/JPY depreciates after registering modest gains in the previous trading day, hovering around 183.60 during the European hours on Monday. The technical analysis of the daily chart suggests the currency cross remains within the upper boundary of the ascending triangle pattern, reflecting rising buying pressure.The near-term bias is mildly bullish as the EUR/JPY cross holds above the 50-day Exponential Moving Average (EMA) while the nine-day EMA rises above it, signaling short-term upside pressure. The pair has rebounded from the 180.81 support area and continues to print higher lows, keeping the broader uptrend intact.The Relative Strength Index (RSI) has slipped back…

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USD/JPY is teetering around one of the most-watched levels in currency markets: the 160.00 yen-tervention barrier. While the U.S. dollar is struggling with a shifting Fed narrative, the Japanese yen pressure from a surging oil import bill and a slow-moving central bank. Something has to give, and this week has the catalysts to force the issue. Source link

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The Strait of Hormuz is often called the world’s jugular vein, and for good reason. Just 21 miles wide at its narrowest point, this strip of water between Oman and Iran usually carries 20% of the world’s liquid energy every single day. Since the outbreak of the Iran war on February 28, that vein has been pinched shut. With tanker traffic down over 90%, we are witnessing the most significant energy supply disruption in modern history. You could say that the global oil markets are in… dire straits. Here’s how the silent strait is rewriting the rules for oil and…

Israel may invite U.S. to relocate Middle East bases after warTrump touts destruction in Iran, Ackman looks forward to a whopping victory dividendAustralia to cut taxes on petrol and diesel use as part of National ‘Fuel Security’ planReserve Bank of India FX intervention move after hours on Friday. INR chaos day ahead?PBOC sets USD/ CNY reference rate for today at 6.9223 (expected was 6.9205)Japan signals readiness for FX intervention. Yen weakened past 160, has since had a bounceBank of Japan Governor Ueda says will closely watch FX moves (USD/JPY drops)After Tehran had weekend blackouts (strike hits) Trump ups the ante:…

The AUD/USD pair is down 0.3% around 0.6850 during the Asian trade at the start of the week. The Aussie pair faces selling pressure as risk-off impulse, driven by fears of escalating conflicts in the Middle East, is acting as a key drag on the Australian Dollar (AUD). Australian Dollar Price Today The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the weakest against the Japanese Yen. USDEURGBPJPYCADAUDNZDCHFUSD0.02%0.08%-0.29%-0.00%0.31%0.38%0.01%EUR-0.02%0.04%-0.29%-0.02%0.33%0.36%-0.02%GBP-0.08%-0.04%-0.36%-0.07%0.27%0.32%-0.06%JPY0.29%0.29%0.36%0.29%0.62%0.66%0.29%CAD0.00%0.02%0.07%-0.29%0.32%0.32%0.00%AUD-0.31%-0.33%-0.27%-0.62%-0.32%0.05%-0.31%NZD-0.38%-0.36%-0.32%-0.66%-0.32%-0.05%-0.38%CHF-0.01%0.02%0.06%-0.29%-0.00%0.31%0.38% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while…

The TTM Squeeze indicator is a volatility-based technical tool. It compares Bollinger Bands with Keltner Channels to identify periods when price volatility contracts and then expands. When Bollinger Bands move inside the Keltner Channels, the market is considered to be in a squeeze. On MT4, the indicator usually appears as a histogram below price, often paired with colored dots or bars. These visual elements show whether the market is compressed or releasing energy. Traders don’t use it to predict direction by itself. Instead, it highlights when a strong move is more likely. This concept matters in forex because many major…

Via Reuters:Trump says US could ‘take the oil in Iran’ – FT Trump says US could seize the export hub of Kharg Island – FT Trump says number of Pakistan-flagged oil tankers Iran had permitted through the Strait of Hormuz had now been doubled to 20 – FTAlso:Trump says could take Kharg Island ‘very easily’: FT Trump thinks Irans have no defense on Kharg Island: FT Trump says indirect talks via emissaries progressing well: FT Trump says a deal could be made ‘fairly quickly’: FT****Also, via Wall Street Journal:SummaryPresident Donald Trump is weighing a direct military operation to seize Iran’s…