Author: FX
USD/JPY appears to be taunting Japanese officials, as the pair keeps breaking one resistance level after another despite intervention threats. Will we see a major move soon? Source link
Gold (XAU/USD) drifts lower for the second straight day – also marking the fifth day of a negative move in the previous six – and drops to a nearly two-week low during the Asian session on Wednesday. Despite easing inflationary concerns in the face of the recent fall in Crude Oil prices, traders have been pricing in a greater chance of a rate hike by the US Federal Reserve (Fed). This, in turn, pushes the US Dollar (USD) to a fresh high since May 2025 and turns out to be a key factor that continues to drive flows away from…
The SL TP Values Indicator MT4 was designed to solve that problem. Instead of guessing where to place stop loss and take profit levels, the indicator calculates practical price targets using market volatility, recent highs and lows, or predefined risk settings. That helps traders avoid emotional decisions during fast-moving sessions. The issue becomes worse during volatile events like Non-Farm Payroll releases or CPI data. Price can spike 30 to 50 pips within minutes, creating fake-outs and sudden reversals. Without structured exit planning, many traders end up overtrading or widening stops after entering. This indicator gives traders a more organized approach…
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade within a prescribed band around a central reference rate, or midpoint, set each trading day by the PBOC. The current trading band permits the currency to move plus or minus 2% from the official midpoint during onshore trading hours. Each morning, the PBOC determines the…
Gold price (XAU/USD) loses momentum to around $4,100 during the early Asian session on Wednesday. The precious metal extends the decline as traders cement views on the US Federal Reserve (Fed) hiking interest rates this year.Gold has faced some selling pressure since the outbreak of the US-Iran war on February 28. The recent agreement between Washington and Tehran has eased pressure on energy prices, but the inflationary impact may linger, leading to solidified market views on the Fed raising rates this year to tackle elevated costs.Also, an unexpectedly hawkish Fed meeting chaired by Kevin Warsh last week boosted expectations for…
EUR/USD breaks below the 1.14 area as selling pressure intensifies. Could buyers step in, or will the downtrend continue? Source link
The U.S. dollar surged to a seven-month high on Fed rate-hike bets as a technology-led selloff dragged equities, Bitcoin, and gold lower in a sharply risk-off session. Source link
Shares of Wendy’s are down 78% from the June 2021 peak and it’s now valued at 0.6% of McDonald’s by market cap. It was once right in the race for fast food dominance but now it’s getting trounced.First here is the bull case:The market cap is just $1.2 billion, which isn’t even 0.5% of Elon Musk’s net worth. It has almost $4 billion in debt but currently has $300 million in cash. On a trailing basis the free cash flow yield is in the high teens and the current dividend yield (after last year’s cut) is 9.1%.On that basis, it’s…
DBS economist Radhika Rao reports that India and US are close to formalising an interim trade agreement under a new framework first agreed in February. She notes India’s push for tariff advantages versus regional peers, evolving US tariff structures, ambitious purchase commitments, and India’s aim to secure better terms to boost bilateral trade and investment.Interim agreement nears under new framework”The India–US trade framework, initially agreed upon in February, is now in the final stages of being formalized through an interim trade agreement.””The government has pushed for comparative tariff advantages vs regional manufacturing peers and sought assurances that the US administration…
Blackstone plans $30 billion investment in Japan AI data centres, Nikkei reports Source link