Author: FX
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
Gold price (XAU/USD) rises to a weekly high during the Asian trading hours on Monday. The precious metal rebounds after the United States (US) and Iran had reached a deal to end their conflict, easing concerns about inflation and higher interest rates.Washington and Tehran said on Sunday that they have reached an agreement that will take effect on Friday. US President Donald Trump stated that the US is lifting its naval blockade on Iranian ports and that the Strait of Hormuz will reopen after the agreement is signed. Trump added that the agreement he reached with Iran would ultimately assure…
AUD/CAD just broke above a resistance, but a former ceiling ahead could test whether buyers have enough fuel for the next push. Source link
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. How does it do that? More here. more to comeps, Bloomberg report:”Chinese municipalities are intensifying property support measures by expanding housing subsidy programs and optimizing provident fund rules, moves aimed at lowering home-buying costs and stabilizing a sluggish real estate market..” This article was written by Eamonn Sheridan at investinglive.com. Source link
The Candle Volume Indicator MT4 is a technical tool that displays trading volume directly on candlesticks. Instead of showing volume in a separate histogram below the chart, it integrates volume data into each candle, often using color or size variations. In simple terms, it answers one question: How strong is this price move? Unlike standard volume bars, this indicator links volume to specific price action. For example, a bullish candle with high volume suggests strong buying pressure, while a bearish candle with low volume may indicate weak selling interest. In the forex market, volume is typically tick-based rather than actual…
US President Trump said that the agreement he reached with Iran would ultimately assure that the Strait of Hormuz is “permanently toll free,” the New York Times reported on Sunday. Trump added that despite the objections of Prime Minister Benjamin Netanyahu of Israel, he had saved Israel from nuclear obliteration.Trump insisted that if Iran failed to reach a final nuclear accord with the US, he would resume military strikes on Tehran or make the US “the guardian of the Middle East” in return for 20 percent of the region’s revenues.Market reactionAt the time of writing, the West Texas Intermediate (WTI)…
US, Iran reach peace deal, signing set for Friday, Pakistan says Source link
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: investingLive is not an investment advisor, investingLive provides references and…
Kevin Warsh’s first Fed meeting headlines a packed central-bank week, while an announced-but-unsigned Iran deal could move oil at any moment. Three scenarios, exact levels inside. Source link
Trump says Israeli strike on Lebanon should not have happened, but Iran deal close Source link