Asia FX muted as dollar heads for weekly gains; yen fragile ahead of elections
Asia FX muted as dollar heads for weekly gains; yen fragile ahead of elections Source link
Asia FX muted as dollar heads for weekly gains; yen fragile ahead of elections Source link
Yuan heads for longest weekly winning streak against dollar in 13 years Source link
NZD/CAD is approaching a key area of interest after breaking above its established uptrend. Is the pair starting a bearish reversal? Or are we looking at a pullback opportunity in the making? NZD/CAD Daily Forex Chart Faster with TradingView Falling gold prices and unexpectedly soft quarterly labor market data from New Zealand have weighed on…
The RBI held rates and its neutral stance as expected, signalling confidence in domestic growth while flagging rising external headwinds. The Reserve Bank of India held policy steady as expected, with the MPC unanimously keeping the repo rate at 5.25%. SDF (standing facility rate) rate, which is the floor of the monetary policy corridor, unchanged…
The European Central Bank (ECB) kept interest rates unchanged at 2.00% on Thursday for a fifth consecutive meeting, signaling confidence in its inflation trajectory even as headline prices fell below the 2% target. President Christine Lagarde reinforced the message that monetary policy remains “in a good place,” while acknowledging a stronger euro could push inflation…
The EUR/USD pair attempts to regain ground near 1.1770 during the Asian trading session on Friday. The major currency pair attracts slight bids as the US Dollar ticks down amid an improvement in speculation that the Federal Reserve (Fed) could cut interest rates in the March policy meeting As of writing, the US Dollar Index…
EUR/CAD has been pacing back and forth between support at the 1.6100 major psychological mark and resistance around 1.6300. Is it due for another bounce this time? Better keep tabs on these inflection points on the 4-hour time frame! EUR/CAD 4-hour Forex Chart Faster with TradingView Weakening inflationary pressures in the eurozone have dragged EUR/CAD…
The Bank of England maintained its policy rate at 3.75% in a closely contested decision, with four members voting for an immediate cut. The divided vote and dovish guidance suggest mounting pressure for easing as inflation approaches target. Key Takeaways Policy Decision: MPC voted 5-4 to hold Bank Rate at 3.75%, with four members preferring…
The Golden Line MT5 Indicator is a trend-following tool that plots a dynamic line on price charts, adjusting its position based on recent price momentum and volatility. Unlike simple moving averages that just calculate average prices, this indicator weighs recent data more heavily and incorporates volatility measurements to adapt faster during trending markets while staying…
Crash on all markets? Trump and Xi on call before negotiation of tariffs Data: 1) Global Rates / Yields — Key Benchmarks United States: UST 2Y 3.63–3.65% | 10Y 4.27–4.30% | 30Y 4.90–4.93%, yields remained elevated as markets reassessed Fed easing expectations after mixed labor signals. United Kingdom: 10Y Gilt ~4.52–4.56%, supported by sticky services…