Author: FX
The Bank of Japan kept its policy rate unchanged at 0.5% today while announcing a more gradual approach to reducing its massive bond-buying program, signaling caution amid trade policy uncertainties and persistent inflation pressures. The decisions were largely in line with market expectations, though the slower pace of quantitative tightening provided a mildly dovish surprise. Key points from the BOJ statement: Policy rate held steady: The Board voted unanimously to maintain the uncollateralized overnight call rate target at 0.5%, keeping borrowing costs at their highest level in 17 years Slower bond purchase tapering: Starting April 2026, the central bank will…
AFP reports there are ‘massive’ blasts hitting Tehran.Separately, UK PM Starmer said there was nothing Trump said to indicate the US would soon get involved and that he has ‘no doubt’ Trump will stay out of the conflict.Oil continues to extend higher and is up $2.20 on the day. This article was written by Adam Button at www.forexlive.com. Source link
USD/CAD trades near 1.3575 as markets digest a mixed US Retail Sales ahead of Wednesday’s Fed rate decision.Elevated Oil prices and geopolitical risks in the Middle East limit losses for the Canadian Dollar.USD/CAD remains in a descending wedge, while the Relative Strength Index signals a pause in bearish momentum.The Canadian Dollar (CAD) is holding its ground against the US Dollar (USD) on Tuesday, with USD/CAD moving sideways near 1.3575.Mixed signals from the latest US Retail Sales data and escalating tensions in the Middle East on Tuesday continue to keep traders cautious as the Federal Reserve’s (Fed) policy meeting looms.The pair…
Gold moves toward $3,400 ahead of Wednesday’s Fed interest rate decision.Israel-Iran hostilities intensify, supporting Bullion’s safe-haven appeal.XAU/USD edges higher as the US Dollar remains under pressure.Gold moves higher against the US Dollar (USD) on Tuesday as traders digest mixed US Retail Sales data and monitor escalating tensions in the Middle East. At the time of writing, XAU/USD is trading around $3,392, supported by rising safe-haven demand amid renewed geopolitical risks.The latest US Retail Sales report delivered mixed signals. Headline sales fell 0.9% in May, a steeper drop than the expected 0.7% decline and the sharpest contraction since early 2024. Sales excluding…
The US Dollar (USD) is trading narrowly mixed amid subdued FX turnover, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret note.USD narrowly mixed versus majors “Markets have one eye tomorrow’s FOMC decision and the other on developments in the Middle East. Reports that Iran was keen to seek talks with Israel lifted risk appetite briefly yesterday but Israel is showing little interest in negotiations. President Trump left the G7 meeting early to return to Washington, citing the situation in the Middle East. Either he didn’t like the food or developments in the Israel/Iran situation are a worry. Global stocks…
The Euro is trapped in a tight range around 1.1550.Risk aversion is gripping markets ahead of the US Retail Sales release.EUR/USD wavers halfway through a small triangle pattern.The EUR/USD pair is showing marginal gains but remains within the previous days’ range near the 1.1550 level on Tuesday. Waning hopes of a truce in the Middle East have dampened risk appetite, yet with market volatility contained so far as investors look at the US Retail Sales release and Wednesday’s Federal Reserve (Fed) monetary policy decision.Israel and Iran have continued exchanging fire for the fifth day, and US President Donald Trump has…
B2BROKER has officially rolled out Perpetual Futures support in B2TRADER, its flagship multi-market trading platform. This major upgrade empowers brokers and exchanges to offer Crypto Spot and Perpetual Futures alongside FX, CFDs, and tokenised assets — all through a single, cloud-based system. Designed for institutional scalability, B2TRADER delivers the flexibility brokers need to launch or expand crypto operations rapidly.The adoption of perpetual futures in cryptocurrency markets has grown significantly in recent years. Estimates suggest that user engagement in crypto trading now substantially exceeds that of the traditional foreign exchange (FX) market, potentially by a factor of 20, according to some…
Crude prices have been capped at the $72.00 level but remain 12% above May’s range.Fears of escalating tensions between Israel and Iran are keeping downside attempts limited.Russia’s Deputy Prime Minister, Novak, is pressuring the OPEC+ to reconsider output hikes.The pullback in Crude prices witnessed on Monday found support on Tuesday as escalating tensions in the Middle East revived fears of an Oil supply disruption, while Russia is pressuring OPEC+ to reconsider further output hikes. The price of the West Texas Intermediate barrel bounced up from Monday’s lows near $68.00. Upside attempts have remained limited below the $72.00 level so far, but…
The Darma System Indicator (Beta) is a custom MT4 tool built for spotting trend shifts and key price levels. It combines multiple technical elements—like moving averages, momentum, and support/resistance detection—into one easy-to-read system. Although it’s still in beta, early feedback suggests that it’s quite accurate in identifying both short- and long-term trading setups. It appears on the chart with visual cues, making it beginner-friendly while still offering value to experienced traders. How It Works on MT4 Once installed on the MetaTrader 4 platform, the Darma System Indicator plots dynamic signals directly on the chart. These might include arrows, lines, or…
Trump leaves G7 summit early due to Middle East situation Source link