Author: FX
Will the BOE’s June decision keep pound traders in wait-and-see mode, or will a surprise vote split give Sterling something bigger to work with? Source link
Summary:US weighing naval escorts and insurance mandates to unblock nearly 500 stranded tankers at Hormuz despite MOU signing; oil prices lower on supply return expectationsNew Zealand consumer confidence hit a two-year low of 80.4 in Q2; Q1 current account deficit narrowed sharply to NZ$1.008B from NZ$5.984B priorJapan Reuters Tankan: manufacturers +13 from +8, non-manufacturers +32 from +29; Nikkei clawed back losses to print a fresh all-time high near 70,000Singapore NODX surged 38.4% in May, a 20-year high, on AI electronics demand; US 12.5% tariff proposal clouds the outlookChina vice premier announced CNY 300bln special bond issue to recapitalise banks and…
EUR/JPY depreciates after three days of gains, trading around 186.20 during the Asian hours on Wednesday. The currency cross holds a constructive bullish bias as it remains above both the nine-day and 50-day Exponential Moving Averages (EMAs). This positioning suggests the recent advance is supported by underlying demand.The 14-day Relative Strength Index (RSI) near 60 hints at firm but not yet overextended upside momentum. Additionally, the technical analysis of the daily chart suggests the EUR/JPY cross is remaining within the ascending channel pattern, suggesting an ongoing bullish bias.The EUR/JPY cross may explore the region around the all-time high of 187.95,…
The I-Sessions Indicator MT4 is a visual session-based tool designed for the MetaTrader 4 platform. It marks different trading sessions—typically Asian, London, and New York—using colored boxes or background shading on the chart. Unlike momentum indicators such as RSI or MACD, this tool doesn’t generate buy or sell signals. Instead, it provides context. It shows when the market is most active, helping traders align their strategies with high-probability trading hours. For example, a trader watching EUR/USD will often notice that strong trends begin during the London session. The indicator highlights this time window, making it easier to focus on high-volume…
Two consecutive months of improving manufacturer sentiment adds to the case for the BoJ to proceed with its projected tightening path, with chip-sector strength providing a demand-side cushion against broader geopolitical headwinds. The chemicals and electronics sub-indices leading the gains suggest semiconductor capital expenditure cycles remain intact, a positive signal for regional supply chains. However, the sharp expected deterioration in transport machinery sentiment to minus-13 in September, from plus-13 now, flags that automakers remain exposed to supply chain disruption risks that a US-Iran framework alone may not quickly resolve. Non-manufacturers’ forward guidance dropping to plus-19 from plus-32 introduces some caution…
Tuesday played a wild card: the Iran deal firmed, crude cracked to ~$76 through every level we’d drawn, and the BOJ hiked — the reset before Wednesday’s Fed. Source link
The USD/JPY advances steadily on Tuesday as market participants brace for the Federal Reserve’s monetary policy decision, as the meeting kicked off during the day. At the time of writing, the pair trades at 160.47, within the intervention zone.USD/JPY Price Forecast: Technical outlookThe USD/JPY has bounced off 159.50 since last week, but it has failed to gain traction amid investor fears of a potential Japanese FX market intervention. From a momentum standpoint, the uptrend should continue as the Relative Strength Index (RSI) is bullish.Worth noting that the Bank of Japan (BoJ) raised interest rates on Tuesday by 25 basis points…
World Bank readies $2 billion loan for Argentina, Ambito reports Source link
The component pieces of the auction all were better than the averages with the exception of the domestic buyers who are squeezed out by the international buyers who exerted strong demand for the issue. The 20 year issue is not a major interest for investors. High YieldThe high yield is the highest yield accepted at the auction and becomes the yield awarded to all successful bidders.Higher-than-expected yield = weaker demand.Lower-than-expected yield = stronger demand.Tail The tail measures the difference between the auction’s high yield and the yield where the bond was trading just before the auction (the “when-issued” yield).Positive tail…
Australia’s RBA held its cash rate at 4.35% in June 2026, pausing after three hikes. Inflation is still above target, and the U.S.–Iran peace deal clouds what comes next. Source link