Author: FX
After the record highs in Wall Street yesterday, the mood music is switching around as we get into the new day. With markets turning their attention to Trump’s visit to China, the war in the Middle East continues to rage on. While there might have been some hopeful optimism about maybe expecting Trump to push Beijing to take action on Iran, that doesn’t seem to be coming as we draw closer to the weekend.And that is arguably why we’re starting to see markets get caught by another risk-off wave as we approach the final stretch of the week.US-Iran talks remain…
The U.S. inflation shock is lifting Greenback demand, but Canada’s oil linked economy is pushing back. At some point, one of these forces has to blink. Source link
US President Donald Trump said that he had struck “fantastic trade deals” with Chinese President Xi Jinping as he wrapped up his Beijing visit on Friday, Reuters reported.On Iran, Trump said, “we’ve settled a lot of different problems that other people wouldn’t have been able to solve.””We feel very similar about (how) we want it to end, we don’t want them to have a nuclear weapon, we want the Strait open,” he further noted.Market reactionAs of writing, the AUD/USD pair is down 0.41% on the day at 0.7190. US-China Trade War FAQs Generally speaking, a trade war is an economic conflict…
GBP/JPY looks ready to bounce from a major support zone! Will the bulls hold the line in the next trading sessions? Source link
After years of regulatory fog, the United States may finally be drawing clear lines around how digital assets are classified and overseen. The U.S. House of Representatives finally passed the Digital Asset Market Clarity Act (also known as the CLARITY Act), and bitcoin didn’t wait around for a second opinion. The OG crypto surged sharply higher as markets digested what the legislation implies. You see, crypto companies, investors, and institutions have been operating in a legal grey zone for more than a decade. Nobody could say with certainty whether bitcoin, ether, or any other token was a “security” or a…
The Liquidity Swing Indicator for MT4 is built around this exact behavior. It identifies swing highs and lows where liquidity tends to cluster — areas where retail stop orders sit just beyond obvious price levels. Once you understand how these zones work, you stop chasing fake-outs and start anticipating them. This indicator won’t make trading simple, but it does help traders see the market through a more institutional lens. What the Liquidity Swing Indicator Actually Measures At its core, this is a swing detection tool — but with a specific focus on liquidity pools rather than just price pivots. Standard…
USTR Greer said an agricultural deal worth double-digit billions is expected from the US-China summit, with China meeting soybean commitments, though no tariff rate commitment was offered.Summary: US Trade Representative Jamieson Greer:A deal for double-digit billions of dollars in US agricultural sales to China is expected to emerge from the summit, with China said to be fulfilling existing soybean purchase commitmentsGreer described the summit as having delivered significant successes in rebalancing trade with China, though he declined to commit to any specific tariff rate on Chinese goodsTrade investigation findings are expected to be released within weeksNvidia H200 chip purchases by…
GBP/USD fell 0.9% on Thursday, breaking below 1.3500 in a sharp staircase decline from session highs to a low close to 1.3395. The move extended a multi-week downtrend from the early-March peak, with bearish momentum building through the European afternoon. The daily candle closed near session lows.The Pound Sterling came under heavy pressure on Thursday as the political crisis around Prime Minister Keir Starmer deepened. After Labour’s heavy losses in the 7 May local elections, four cabinet ministers resigned this week, including Safeguarding Minister Jess Phillips, and close to 100 Labour MPs publicly called on Starmer to resign or set…
GBP/CHF’s pullback has pushed Stochastic into oversold territory, but could sellers stay in control despite stretched momentum? Source link
Artificial intelligence enthusiasm, a landmark Trump-Xi summit in Beijing, and stronger-than-expected U.S. retail sales combined to push the S&P 500 above 7,500 for the first time, while the U.S. dollar advanced progressively through the day to close as the top-performing major currency. Gold declined as risk appetite improved, and Bitcoin surged past $80,000, correlating with a significant regulatory advance in Washington on digital asset legislation. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: New Zealand Visitor Arrivals for March 2026: 15.1% y/y (17.0% y/y forecast; 15.2% y/y…