Asia FX ticks lower with US jobs data in focus; rupee bounces from record lows

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…

The Auto Envelope MT4 Indicator is designed to create a price channel that adapts automatically to market conditions. It calculates the upper and lower envelope bands around a moving average, showing potential reversal points or areas where prices may stabilize. This gives traders a clear visual idea of price extremes—ideal for…

Across the Pacific, Australia’s economic calendar also draws attention. The AUD/USD is in the spotlight on Monday, May 5, with labor market and inflation data in focus. Economists forecast ANZ-Indeed Job Ads to rise 0.3% in April month-on-month (MoM), following a 0.4% increase in March. Stronger job ads may signal robust labor demand, potentially boosting…

Although Scandinavian currencies are part of the G10, their trading behaviour often resembles that of emerging market currencies more than G7 majors. They are highly flow driven and even medium-sized transactions can significantly impact exchange rates. Seasonality also plays a role, as corporate flows dominate liquidity in Scandi pairs. This is particularly evident in the…

Oil prices have started 2025 strong, defying expectations of a downturn fueled by worries about slowing demand. Cold weather, coupled with US policy decisions on offshore drilling, have contributed to the upward price movement. Brent Crude has broken through key resistance levels, is $80 a barrel a matter of time? Most Read: Global Market Outlook…

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