Author: FX
Gold (XAU/USD) remains pressured on Tuesday, remaining near its opening price amid heightened tensions in the Middle East, as the Wall Street Journal reported that the Pentagon plans to deploy a brigade combat team from the Army’s elite Airborne Division. The XAU/USD pair trades at $4,404, after hitting a daily low of $4,306.Bullion struggles for direction as rising energy prices and firm US yields offset persistent geopolitical tensionGeopolitics remain in the driver’s seat in financial markets, amid worries that hostilities would resume if the US and Iran talks fail to provide an agreement in four days. Meanwhile, high energy prices…
Trump: Iran offered the U.S. a ‘present’ to show good faith in war resolution negotiations Source link
The U.S. Treasury will auction off 2-year notes at the top of the hour. The auction is the 1st of 3 coupon auctions this week. Tomorrow the treasury will auction off of 5 year notes and on Thursday 7 year notes.Below are a review of the major components that the market will compare the actual results to the 6 month averages to determine strength or weakness from the buyers today:High Yield: 6 month average: 3.516% Tail: 6 month average: -0.2 bps Bid-to-Cover: 6 month average: 2.62x Dealers: 6 month average: 10.7% Directs (a measure of domestic demand): 6 month average:…
The Euro (EUR) recovers modestly against the US Dollar (USD) on Tuesday, helping EUR/USD trim part of its earlier losses as the Greenback pulls back slightly from intraday highs following the latest S&P Global Purchasing Managers Index (PMI) release.At the time of writing, the pair trades near 1.1590, down about 0.20% on the day after hitting an intraday low of 1.1567. Meanwhile, the US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, is holding near 99.30 after easing from around 99.50.The latest PMI releases, the first since the escalation of the Middle East…
FUNDAMENTAL OVERVIEWUSD:The US dollar weakened across the board yesterday after Trump announced on his Truth Social account a five-day ceasefire for negotiations toward “a complete and total resolution of the hostilities.”However, the selloff in the greenback was short-lived as Iran quickly denied the claims. Most notably, Iranian Parliament Speaker Ghalibaf, who is reportedly the key figure handling negotiations with the US, stated that no talks had taken place with Washington.These conflicting reports have kept markets largely rangebound after the initial spike, with traders waiting for clearer developments. For now, the US dollar is likely to remain supported until there is…
Commerzbank analyst Michael Pfister notes that despite low Hungarian inflation and February’s initial 25 bp cut, the Iran war has shifted priorities, with markets and the bank expecting the central bank of Hungary, Magyar Nemzeti Bank (MNB) to hold rates today. He sees scope for a cut next month if Oil falls, but warns that election risks and a weaker Euro (EUR) could weigh on the Hungarian Forint near term.MNB cautious as markets price hikes”However priorities have shifted in recent weeks due to the war in Iran, causing European central banks to exercise heightened vigilance despite hopes for a swift end.…
Erebor Bank lands VCX funding to grow its tech lending platform Source link
The MBFX Timing Indicator MT4 is a momentum-based technical tool used to identify potential reversal points in the market. It plots a colored line or dots near price extremes, often at the top or bottom of the chart window. Traders treat these signals as alerts for possible buy or sell opportunities, not as automatic trade commands. At its core, the indicator blends concepts from oscillators and price smoothing. It reacts faster than classic tools like the 14-period RSI but slower than raw price action. This balance makes it useful for timing entries after price reaches short-term exhaustion. Many traders use…
The oil market is currently navigating a period of extreme volatility as geopolitical headlines clash with rapid shifts in diplomatic sentiment. Just a day after crude oil futures plunged over 10%—settling near $88.13 following a temporary postponement of strikes on Iranian energy assets—the narrative has shifted back toward escalation. Fresh reports suggest that Gulf states are edging toward war with Iran as Saudi Arabia signals a potential move toward direct military involvement. By opening key air bases for U.S. use, Riyadh is signaling a firm shift toward re-establishing deterrence, creating a high-stakes environment for traders where technical supports are being…
Silver (XAG/USD) resumes its broader downside trend on Tuesday after Monday’s firm recovery move, as Iran denies involvement in talks with the United States (US) regarding the resolution of the war in the Middle East. During the press time, XAG/USD is down 3.2% to near $66.90.Iranian officials downplayed the prospect of negotiations with the US after Parliament Speaker Mohammad Bagher Ghalibaf said no talks have been held with it. Also, Iran’s Foreign Ministry reiterated that its stance on the Strait of Hormuz and conditions to end the war remain unchanged, adding that Tehran has not responded to messages relayed by…