Author: FX
Yemen’s Houthis are considering fees for ships sailing through the Red Sea – Reuters !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
The Euro (EUR) is nursing moderate losses against the British Pound (GBP) on Wednesday, as bulls failed to find acceptance above the 0.8575 resistance area on Tuesday. The pair, however, remains within the upper range of the 0.8500s with the near-term bullish bias intact, and the focus shifting towards the Bank of England’s (BoE) monetary policy meeting, due on Thursday.Rabobank’s FX strategists warn that the Pound could come under pressure as markets reassess the UK policy outlook. They argue that “the potential for disappointment over a lack of rate rises from the Bank this year, coupled with the likelihood of…
Landstar System declares $0.44 dividend Source link
Many traders have experienced this situation. They enter a trade on EUR/USD after a strong breakout, only to see the move slow down a few minutes later. The price barely moves, then reverses before reaching the profit target. The setup looked good, but one key detail was missing. The market had already traveled most of its normal daily distance.This is where the MT4 Average Daily Range Indicator becomes useful. Instead of guessing how much room price has left, traders can measure the average number of pips a currency pair moves each day. That simple information helps avoid chasing exhausted trends…
There isn’t all too much on the expiries board for the day ahead, with the full list seen below.The only notable one perhaps is for EUR/USD at the 1.1415 level. Even then, the expiries don’t tie to any technical significance so I would not attach too much impact from it on price action. The dollar remains in a push and pull mood as markets continue to digest US-Iran developments as well as the continued selloff in tech shares.Coming up later today, there will be the Fed meeting to add to the mix. As such, expect broader markets to hold a…
Gold prices remained broadly unchanged in Saudi Arabia on Wednesday, according to data compiled by FXStreet.The price for Gold stood at 486.01 Saudi Riyals (SAR) per gram, broadly stable compared with the SAR 486.25 it cost on Tuesday.The price for Gold was broadly steady at SAR 5,668.74 per tola from SAR 5,671.56 per tola a day earlier.Unit measureGold Price in SAR1 Gram486.0110 Grams4,860.11Tola5,668.74Troy Ounce15,116.67FXStreet calculates Gold prices in Saudi Arabia by adapting international prices (USD/SAR) 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…
Earnings Call Insights: Ford Motor Company (F) Q2 2026 Management View “In the quarter, we delivered a strong performance, generating $48.3 billion in revenue and $2.5 billion in adjusted EBIT.” (President, CEO & Director James Farley) “We are also raising Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does…
The pound found firmer ground against the Aussie this week! Can bulls push this pair back to the top of its channel ahead of the BOE event? Source link
The Swingarm ATR Trend Indicator MT4 was designed to help reduce that problem by combining trend direction with market volatility. Instead of reacting to every price fluctuation, it highlights meaningful trend changes while filtering out much of the normal market noise.The challenge becomes even bigger during active trading sessions like London or New York, where volatility rises quickly. Traders who rely only on moving averages or simple crossover signals often find themselves caught in fake breakouts. This indicator attempts to solve that issue by adapting its trend calculation to changing volatility through the Average True Range (ATR). As a result,…
The day is starting decidedly quieter in South Korea today with the Kospi up 1.3%. It comes after a 10.8% decline yesterday.For now this looks like a dead-cat bounce.Eyes are on SK Hynix after reporting earnings that didn’t look great on the surface.For the bigger picture,SK Hynix says in the call that in the call that major customers continue to request more memory and that tight memory supply will continue for a considerable period of time. Does that mean it’s time to buy Micron at 5.5x forward earnings? Source link