Forex

Fed speak – Not broken, not cutting

“Don’t fix what isn’t broken” seems to be the Fed’s current stance. Two Fed officials made that clear over the last 24 hours....

Is the oil market signalling de-escalation?

After an initial 6% spike at the open, U.S. crude oil futures reversed sharply—falling into negative territory—as markets priced in the possibility that Iran's latest retaliation may be more symbolic than escalatory....

Oil panic buying after Iran Strikes?

President Donald Trump has confirmed that the U.S., in coordination with Israel, has conducted three strikes on Iranian nuclear facilities....

Strait of Hormuz risk priced in—or not yet?

Technically, recent WTI candles suggest that the risk premium may be fading. Price action near $74 shows hesitation, raising the risk of a developing double top—particularly if support at $70 fails....

Goldman and BofA agree: The dollar is losing its edge

Goldman Sachs now expects the EUR/USD to hit 1.20 by the end of the year. While this prediction draws comparisons to the 2017 rally in the pair, Goldman notes a key difference....

Markets rally as missiles fly | How long can risk be ignored?

Despite continued fighting—including high-impact strikes and rising casualties—global equities moved higher to start the week....

Central banks dominate trading calendar this week: Could the Fed surprise?

A pack of central bank decisions is set to drive market direction this week, with the Bank of Japan (Tuesday), Federal Reserve (Wednesday), Swiss National Bank (Thursday), and Bank of England (Thursday) all scheduled to announce their latest interest rate...

Iran tensions rise: a setup brewing for gold and oil

Geopolitical tensions surrounding Iran might fuel safe-haven demand for gold. A break above $3,403 might open the door for a test of the May high at $3,437....

EUR/USD tests three-year ceiling

Aside from a brief spike in April, EUR/USD has remained below 1.1500 for over three years....
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