The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade…
Dollar strengthens as peace talks falter, US blockade of Iran’s ports to begin Source link
GBP/USD halts its five-day winning streak, trading at a gap down around 1.3390 during the Asian hours on Monday. The risk-sensitive pair faces challenges on renewed risk aversion following the failure of the United States (US)-Iran peace talks. The safe-haven demand boosted the US Dollar (USD) against its major peers after Vice President JD Vance…
Della Keable could not hold back the tears as she explained how her family had lived in the forest for centuries, making a living among the trees, loving the tight-knit feel of the place. “I’m sorry,” she said as the emotion got too much. “But the forest is part of our souls.” Keable is among…
Most indicators give signals, but do not provide an understanding of which ones are actually worth trading. Owl Smart Levels was originally the same. Now it is a full-fledged trading system. Why signals do not produce results With experience came the understanding — the issue is not in the indicator itself. Any indicator works within…
XTB ended March less than 9,000 accounts shy of a million in its home market, according to fresh data from Poland’s Central Securities Depository (KDPW), setting up the Warsaw-listed broker to cross the milestone when April figures are published next month. Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!)…
Peace talks collapsed, Trump declared a Strait of Hormuz blockade, and the ceasefire trade died over the weekend — here’s your scenario guide for the week ahead. Source link
By InvestMacro Open Interest (OI) is the amount of contracts that are currently live in the marketplace. OI Strength shows the current strength compared to the past 3-years. Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data…
By InvestMacro The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on Tuesday April 7th. This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category and is a current snapshot of how…
Richard Tice’s company has been accused of breaking the law by allegedly failing to pay tens of thousands of pounds in tax on dividends that were paid to him and his offshore trust. Reform UK’s multimillionaire deputy leader is alleged to have received at least £91,000 in excess payments as a result, the Sunday Times…