There are just a few to take note of on the day, as highlighted in bold below. The first being for EUR/USD at the 1.1750 level. The expiries hold close by to the 200-hour moving average of 1.1740 and may yet just play a role in terms of keeping price action more sticky in European morning trade. However, trading…
Gold prices fell in Saudi Arabia on Monday, according to data compiled by FXStreet. The price for Gold stood at 577.83 Saudi Riyals (SAR) per gram, down compared with the SAR 582.54 it cost on Friday. The price for Gold decreased to SAR 6,739.74 per tola from SAR 6,794.59 per tola on Friday. Unit measure Gold Price in SAR…
Spread betting and CFDs may look similar, but key differences in tax, costs, and execution can impact your profits—especially for UK traders
Summary: South Korea’s Lee visits India for first time in eight years Target to double trade to $50bn by 2030 Focus on shipbuilding, AI, finance, defence cooperation Supply chain risks driving closer ties Korea seeks more naphtha from India Trade imbalance remains a key issue South Korean President Lee Jae Myung is set to meet Indian Prime Minister Narendra…
The GBP/USD pair opens with a bearish gap at the start of a new week and moves further away from a two-month high, around the 1.3600 mark, touched on Friday. Spot prices, however, recover a few pips from a one-week low set during the early Asian session and currently trade just below the 1.3500 psychological mark, still down over…
New Zealand’s quarterly inflation report is lined up for release this week, likely influencing RBNZ policy expectations and NZD direction. Here’s what to look out for.
Summary: US seizes Iranian cargo ship attempting to breach blockade Iran threatens retaliation, labels move “armed piracy” Tehran rejects second round of peace talks Pakistan mediation efforts continue but outlook weak Hormuz transit remains unstable despite brief reopening Oil rebounds sharply as disruption risk persists Earlier: Weekend developments in the US–Iran conflict reinforced just how fragile the ceasefire remains,…
United Kingdom Rightmove House Price Index (YoY): -0.9% (April) vs previous -0.2%
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 invest money that you…
S&P 500 ran on Hormuz open, Iran giving up enriched uranium and similar fancy headlines that though got dialed back after the closing bell. Bullish talk as a prelude to weekend jawboning?
