Crude Oil – 16.01.2025 – Orbex Forex Trading Blog

The MTF High Low Indicator MT4 is an informational indicator for MetaTrader 4 and is designed to draw high and low levels on the chart. The Indicator draws previous and current daily, weekly, and monthly high and low levels on the main chart. Additionally, it marks daily, weekly, and monthly pivot lines, providing crucial reference…

Risk-on mood returns on fragile Israel-Iran truce  Oil prices tank almost 15% as supply fears ease, gold dims, dollar sinks  Equities stage sharp rebound, Bitcoin closes above $105,000 Fed Chair Powell says Fed in no rush to cut rates during testimony  US PCE report on Friday could spark fresh market volatility  Global stocks surged on…

The session is not over yet for AUD traders, who have the most significant domestic data release of the quarter on deck. The evening session will turn the eyes towards Australian GDP (Q3) at 19:30 ET. Growth is expected to tick up to 0.7% QoQ. A strong print here is essential to maintain the RBA’s…

As London/European traders look for the exits, the major indices are closing sharply lower. The tariff news and threats of global slowdown (highlighted by the US jobs report) helped to push prices lower. A snapshot of the closing levels shows: German DAX, -639.50 points or -2.66% at 23425.98. France’s CAC, -225.80 point or -2.91% at…

Bessent says Korean won’s depreciation not in line with fundamentals Source link