Author: FX

The Swiss Franc (CHF) regains traction against the US Dollar (USD) on Monday, with USD/CHF pulling back after opening the week with a bullish gap as the Greenback gives up part of its earlier gains while traders continue to monitor developments in the Middle East.At the time of writing, the pair is trading around 0.7773 after touching an intraday high near 0.7795, though it remains up about 0.12% on the day.The pullback in USD/CHF appears largely technical in nature as traders partially fill the bullish opening gap. However, the US Dollar’s downside remains limited as fading hopes for a near-term…

Trump and China’s Xi set for talks spanning Iran, nuclear, trade and AI Source link

HSBC economists note that “risk-on” G10 currencies, including the Australian Dollar (AUD), have outperformed the US Dollar (USD) this quarter on improved risk sentiment linked to Middle East de-escalation hopes. They highlight the Reserve Bank of Australia’s (RBA) third consecutive 25bp hike to 4.35%, keeping it an outlier among G10 central banks, and expects a wait-and-see stance unless further domestic fiscal support prompts additional tightening.Australian Dollar benefits from RBA stance”So far this quarter, “risk-on” G10 currencies, such as the AUD, NOK, and NZD have outperformed against the USD, helped by renewed optimism around a potential de-escalation of tensions in the…

It’s worth waiting to see how the US-Iran war develops before deciding whether to hike interest ratesInflation risks are skewed entirely to the upsideSluggish economy and loose labour market should limit second-round effects from energy shockBoE’s Greene has been one of the most hawkish members in the MPC for a while as she kept warning on upside inflation risks even before the US-Iran war started. More recently, she’s been curiously neutral despite the energy shock adding to the upside inflation risk argument. In fact, she preferred keeping rates steady because in her view, the sluggish economy and loose labour market…

The German Sniper Indicator is a custom MT5 tool that plots visual buy and sell signals directly on the chart. It blends elements of trend detection, momentum filtering, and support/resistance awareness into a single overlay — which is part of its appeal. Traders don’t need to juggle five separate windows to get a read on market direction. At its core, the indicator uses a multi-condition approach: it checks trend alignment across a short and longer lookback period, then filters signals based on momentum thresholds. A buy arrow appears only when multiple conditions align in favor of upward movement. Same logic…

Oil rises $4 after Trump rejects Iran’s response to US peace proposal Source link

When U.S. President Donald Trump rejected Iran’s latest peace proposal over the weekend, calling it “totally unacceptable,” oil markets and the U.S. dollar didn’t just shrug. The Strait of Hormuz, the narrow waterway through which roughly 20% of the world’s traded oil flows, had been at the center of tense negotiations in the past week. That rejection slammed the door on hopes for a quick resolution, and for traders, the implications ripple well beyond the price of crude. What Actually Happened? Let’s rewind a little. For much of last week, markets were buzzing with cautious optimism that the U.S. and…

Weekend:Summary:Trump rejected Iran’s peace response as totally unacceptable; Iran’s counter-proposal demanded war compensation, Hormuz sovereignty and sanctions relief before nuclear talks can beginIran laid out a three-phase framework with sweeping pre-conditions; the U.S. is demanding nuclear concessions upfront, leaving the two sides fundamentally opposedNetanyahu confirmed removal of Iranian nuclear material remains a war priority; reports indicate Trump told him he wants to go in on Iranian nuclear sitesSaudi Aramco warned a Hormuz reopening would take months to normalise markets; Qatar sent its first LNG cargo through the strait since the war beganChina’s April PPI hit a 45-month high of 2.8%,…

The USD/CAD pair attracts some dip-buying following Friday’s late pullback from the vicinity of the 100-day Simple Moving Average (SMA) and climbs back closer to the 1.3700 during the Asian session on Monday. This marks the fourth straight day of a positive move – also the sixth in the previous seven – and is sponsored by a modest US Dollar (USD) strength.The recent optimism over a potential US-Iran peace deal and the de-escalation of conflict faded rather quickly in the wake of renewed hostilities in the Strait of Hormuz. Adding to this, US President Donald Trump and Iran both rejected…

The no repaint arrow indicator for MT4 was built to solve exactly this. Unlike many signal tools that redraw historical arrows to look more accurate than they actually were, a true no repaint indicator locks its signals in place the moment they form. What appeared on the chart stays on the chart — permanently. For traders who’ve been misled by backtests that look flawless but fail in live trading, this distinction matters more than almost anything else. What No Repaint Actually Means Here’s the thing — a lot of indicators advertise themselves as no repaint, but the term gets thrown…