Author: FX

I’m on board with the reversal in markets today.I think there is something of a news overload that the market is dealing with. Obviously, there were parts of the market that didn’t like what Powell said yesterday but it shouldn’t have been a surprise. If anything, the dots should matter and they still show a rate cut but market pricing has now moved to unchanged.I tend to think the market is one day behind right now and is realizing the scope of the Iranian attack on Qatar LNG and other gulf facilities. What’s worrisome about this is that Iran clearly…

There were 205K Initial Jobless Claims in the week ending March 14, a decrease of 8K from the previous week’s unrevised level, the US Department of Labor (DOL) reported on Thursday. This reading came in better than the market expectation of 215K.In this period, the 4-week moving average declined by 750 to 210,750.”The advance number for seasonally adjusted insured unemployment during the week ending March 7 was 1,857,000, an increase of 10,000 from the previous week’s revised level,” the DOL noted in its press release.Market reactionThe US Dollar Index stays in the lower half of its tight daily range after…

Forward Industries to repurchase 6.16M shares for $27.4M in private deal Source link

As such, our willingness to intervene has increasedThe upward pressure on the franc has increased once againThe franc is sought after as a safe haven in times of uncertaintyIt is 2.5% stronger on a trade-weighted basis since the middle of DecemberWe are ready to counter a rapid and excessive rise of the franc currencyAppreciation of franc in recent weeks is typical during times of uncertaintyHigher energy prices mean inflation likely to rise more strongly in coming quartersBut medium-term inflationary pressure is virtually unchangedWe are still ready to use negative rates if necessary to meet our targetOur mandate is clear in…

The Bank of England (BoE) is on track to leave the benchmark Bank Rate unchanged at 3.75% for the second meeting in a row on Thursday, as the macro context has completely shifted in the past three weeks. Prior to the Iran war, markets were leaning toward a near-term rate cut, but the surge in Oil prices has changed expectations and currently, investors broadly expect the BoE to take a wait-and-see approach. The Monetary Policy Committee (MPC) policymakers are seen voting 7-2 to keep rates on hold, following the conclusion of the March monetary policy meeting. In the past meeting, the committee…

The MT5 Trading Sessions Indicator solves this by marking exactly when Asian, London, and New York markets are active. It displays colored boxes or vertical lines on charts, showing traders when institutional money flows into the market. This simple visual tool helps avoid dead zones and positions traders for high-probability setups during peak hours. Understanding the Trading Sessions Indicator The MT5 Trading Sessions Indicator is a visual overlay that marks the opening and closing times of the three major forex trading sessions on any chart. Unlike complex oscillators or moving averages, this tool doesn’t analyze price—it organizes time. Here’s what…

Thailand’s Anutin returns to power with broad backing and nationalist push Source link

You might expect that when the Federal Reserve leaves interest rates exactly where they were, nothing much happens. Same rates. Same policy. No drama. But this week, the Fed held rates unchanged — and stocks still fell to session lows, Treasury yields jumped, and the U.S. Dollar Index surged back above 100. Traders weren’t reacting to what the Fed did. They were reacting to what the Fed said. That’s the power of forward guidance, and understanding it is one of the most useful things a trader can learn. What Happened: The March 2026 FOMC Decision The Federal Open Market Committee,…

After breaking below a long-term floor, is GBP/CAD about to find resistance on a pullback? Or will the pair find itself back inside the range again? Better keep your eyes on these inflection points on the daily chart! GBP/CAD Daily Forex – Chart Faster with TradingView Surging crude oil prices have given the commodity-related Loonie enough energy to bust through its range support against the pound. Meanwhile, less-hawkish BOE expectations and risk-off flows appear to have weighed on the British currency in the past weeks. Are more GBP/CAD sellers ready to hop in soon? Remember that directional biases and volatility…

The Bank of Japan left policy unchanged, with the decision passed by an 8–1 majority, though dissent highlighted a more hawkish undercurrent within the board.Board member Takata called for a rate hike to 1.0% from 0.75%, arguing that Japan had effectively achieved its price stability target and that inflation risks were now skewed to the upside, particularly from second-round effects linked to overseas price pressures. His proposal was rejected by the majority. Takata also opposed the Bank’s assessment of the inflation outlook, maintaining that underlying price growth was already broadly consistent with the 2% target. Fellow board member Tamura echoed…