Asia FX muted with Iran talks in focus; dollar steady ahead of Warsh hearing

Certainty is a fool’s errand in recent market dynamics. The most seasoned traders would even admit that trading has never been about certainty. Still, more about careful planning and risk-taking – the former part is quite a daunting task with fundamentals changing by the minute. The latter, however, is where traders can extract alpha by…

Donald Trump and Volodymyr Zelenskyy had a “very good telephone call” on Wednesday, according to Trump, in the first conversation between the US president and his Ukrainian counterpart since their disastrous showdown in the White House three weeks ago. Zelenskyy described the call as “positive, very substantive and frank”, and said he had signed up…

The US Dollar Index (DXY) is now available to trade via CFDs at FXOpen. We don’t even need to say that it’s one of the most influential benchmarks in global currency markets. The index, which measures the value of the US dollar against a basket of six major currencies, experiences heightened volatility and presents potential…

UK factories pick up a bit of speed but outlook worries remain Source link

Introduction The beginning of the new trading week has placed the U.S. dollar at the center of attention, with investors exercising caution as global developments threaten to shape near term market direction. Monday opened with the dollar trading in a relatively stable range, showing restraint after recording declines in the previous week. Traders across Asia…