Author: FX
GBP/CAD looks ready to form another higher low after its sharp drop earlier this week. Think the pair can extend its longer-term uptrend? Source link
Gold prices rose in India on Thursday, according to data compiled by FXStreet.The price for Gold stood at 14,548.90 Indian Rupees (INR) per gram, up compared with the INR 14,483.50 it cost on Wednesday.The price for Gold increased to INR 169,695.40 per tola from INR 168,932.70 per tola a day earlier.Unit measureGold Price in INR1 Gram14,548.9010 Grams145,488.90Tola169,695.40Troy Ounce452,509.80FXStreet calculates Gold prices in India by adapting international prices (USD/INR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge…
Thursday’s Economic Calendar Source link
Most standard arrow indicators calculate signals based on real-time price. As the candle develops, the signal updates — which means an arrow might appear mid-candle and vanish before close. That’s repainting. A true no repaint arrow indicator MT5 only confirms a signal after candle close. The logic is baked into the code: the arrow plots on the previous closed candle, not the current live one. This one distinction separates useful tools from misleading ones. The underlying logic varies by indicator, but most versions combine two or more of the following: moving average crossovers, RSI divergence detection, ATR-based volatility filters, and…
UBS and Morgan Stanley have turned positive on Chinese equities, citing earnings recovery, AI momentum and China’s low sensitivity to oil price swings, as the Shanghai Composite climbs to an 11-year high. Summary:UBS and Morgan Stanley have issued positive outlooks on Chinese equities, citing earnings recovery, improving liquidity and the growing appeal of AI, new energy and advanced manufacturing themes, according to strategy notes from both banksThe Shanghai Composite has risen above 4,200 points, an 11-year high, while China’s economy grew 5% year-on-year in Q1, beating forecastsUBS equity strategists noted that China’s power sector relies on oil and gas for…
EUR/USD shows a bearish MACD crossover, signaling fading upside momentum and possible pullback risk. Will price confirm weakness or rebound? Source link
Lightwave Logic GAAP EPS of -$0.04 Source link
BNP Paribas explains that Thailand shifted from broad price freezes to targeted subsidies for vulnerable households and firms. While subsidies slow fiscal consolidation, Thailand’s government debt is mostly in local currency and held by residents, with a low interest burden, making it the least exposed among peers to a potential rise in US long-term interest rates.Selective support and robust debt structure”Meanwhile, Thailand, after leaving its prices unchanged in the early weeks of the conflict, has ultimately decided to target only the most vulnerable households and businesses by providing them with partial direct subsidies.””India, like Indonesia, Malaysia and Thailand, has the…
Fed Pres. Kashkari is speaking and saysInflation is too highA huge question mark about how long Strait of Hormuz will be closed, that will have a big effect on inflation.Fed needs to get back to 2% inflation, should not move the goalposts.Before the Iran conflict, had confidence that the inflation was heading back down to 2%.Labor market moving sideways, lukewarmIran shop has upended inflation environmentLabor market looks like it’s hanging in thereNot sure if it’s policy rate decisions will have much effect on mortgage rates.Even if the Strait of Hormuz reopens, it will be months before supply chains reach normality.Not…
Silver (XAG/USD) advances on Wednesday and trades around $88.65 at the time of writing, up 2.40% on the day. The white metal remains supported by strong Asian demand, despite the rebound in the US Dollar (USD) and higher US Treasury yields, which generally limit the appeal of non-yielding assets.The bullish move in Silver comes amid persistent geopolitical tensions in the Middle East, as negotiations between the United States (US) and Iran remain deadlocked. Concerns over disruptions to energy supply continue to fuel global inflationary pressures, reinforcing investor interest in precious metals.The latest US inflation data also strengthened expectations that the…