Author: FX
Here is what you need to know for Tuesday, June 16:The US Dollar Index (DXY) lifted off 10-day lows to reach the 99.70 price zone even after Trump said it was “important that Oil is plummeting and stocks are rising.” However, caution remains as Trump also warned that there would be “no sanctions relief for Iran until they do what they are supposed to do.” US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the New Zealand Dollar. USDEURGBPJPYCADAUDNZDCHFUSD-0.18%-0.02%0.06%-0.01%-0.34%0.20%-0.28%EUR0.18%0.15%0.28%0.19%-0.17%0.38%-0.12%GBP0.02%-0.15%0.11%0.03%-0.32%0.25%-0.28%JPY-0.06%-0.28%-0.11%-0.06%-0.42%0.10%-0.38%CAD0.00%-0.19%-0.03%0.06%-0.34%0.18%-0.31%AUD0.34%0.17%0.32%0.42%0.34%0.56%0.08%NZD-0.20%-0.38%-0.25%-0.10%-0.18%-0.56%-0.51%CHF0.28%0.12%0.28%0.38%0.31%-0.08%0.51% The heat map shows…
Markets rallied on Monday after the U.S. and Iran reached an interim peace agreement, with a deal to reopen the Strait of Hormuz sending crude oil sharply lower while equities and crypto climbed and the dollar drifted broadly weaker. Source link
Senior US official says: U.S. has signed MOU with Iran Trump, Vance signed MOU, so did Iranian parliamentary speaker Deal provides for immediate opening of Strait of Hormuz and lifting of U.S. blockade on Iran There will be significant increase in traffic in Strait starting already U.S. has signed MOU with Iran Details of agreement will be put out within next 24-48 hours Going to launch technical discussions later this week Relief of frozen funds, sanctions relief tied to performance Plan is to keep current U.S. military force posture during next phase of negotiation Agreement is to contemplate reduction military…
The May U.S. CPI reflected hotter than expected headline inflation while core price pressures appeared subdued. Let’s look at which setup from our watchlist ideas had a path to a clean trade. Source link
The USD/JPY pair trades with a cautious tone as investors digest softer United States (US) industrial activity data while positioning for the Bank of Japan’s (BoJ) interest rate decision due on Tuesday.United States (US) Industrial Production rose 0.1% MoM in May, missing expectations of 0.3% and slowing sharply from the previous 0.9% increase. The weaker reading slightly limits support for the US Dollar (USD), as it points to softer momentum in the industrial sector.This data directionally confirmed the NY Empire State Index for June, which gave a reading a 5.7 that below both the consensus of 14 and the May…
Precious metals are seeing a good start to the new week with the mood music helped by the US and Iran agreeing to a memorandum of understanding (MOU) deal. The final details are yet to be confirmed but they are likely to reflect the speculated terms from last week here.That is seeing risk trades perk up to start the new week, with US futures also helped by the more positive showing from SpaceX’s debut on Friday.But as oil prices drop back amid hopes of the Strait of Hormuz reopening, that is seeing gold price climb higher on hopes that the…
USD/CHF depreciates nearly 0.5%, trading around 0.7930 during the European hours on Monday. The technical analysis of the daily chart indicates the pair is remaining within the ascending channel pattern, signaling an ongoing bullish bias.The USD/CHF pair holds a mildly constructive tone as it trades above the 50-day Exponential Moving Average (EMA), yet it remains capped by the nine-day EMA, underscoring a near-term consolidation bias rather than a clear trend. The 14-day Relative Strength Index (RSI) around 54 suggests modest positive momentum, hinting that dips may attract buying interest while the short-term EMA still acts as immediate overhead supply.The USD/CHF…
The MT4 Scalping Indicator Non Repaint is a technical tool designed for short-term traders who operate on lower timeframes like M1, M5, and M15. Its main purpose is to identify quick entry and exit points without altering past signals. Unlike repainting indicators, this tool locks its signals once a candle closes. That means if a buy arrow appears on a closed candle, it stays there—no disappearing or shifting later. Most versions combine multiple components: Moving averages for trend direction Momentum filters like RSI or stochastic Price action triggers (breakouts or pullbacks) For example, when testing on GBP/USD M5, traders often…
At this point, it feels like the US and Iran just want to put an end to the conflict. And after three-and-a-half months, it seems that both sides have had enough. That is good news for markets, to a certain extent at least.Couple that with what arguably was a very successful debut for SpaceX on Friday, the market mood to start the new week is looking good.There was much nervousness and anxiety on how SpaceX shares would’ve fared at the end of last week. The stock was indicated early to open at $175 before officially starting trade at $150. But…
Will Australia’s central bank hit the brakes when it comes to tightening? Or will they simply pause and keep the door open for more hikes? Here’s what traders need to know ahead of the decision. Source link