Author: Admin

EUR/USD drops by some 0.17% during the North American session as a possible resolution of the US-Iran conflict seems far from ending, while Durable Goods Orders data in the US suggest that the economy remains solid. At the time of writing, the pair trades at 1.1684 after reaching a daily high of 1.1720.Euro weakens as yields jump before Fed and ECB rate decisions nowHigh energy prices are underpinning the US Dollar, which, of late, has been correlated with WTI, posting back-to-back bullish days and rising 0.27% in the day, according to the US Dollar Index. The DXY, which measures the…

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OCBC strategists Sim Moh Siong and Christopher Wong describe USD/SGD as slipping on broad USD weakness and expects two‑way, range‑bound trading in the near term, with resistance around 1.2780–1.2850 and support near 1.2720–1.2670. They note that Singapore Dollar (SGD) is likely to behave as a regional defensive currency, holding up better than higher‑beta FX if geopolitical uncertainties persist, supported by stronger domestic data.Defined range and defensive SGD”USD/SGD slipped amid broad USD pullback. Pair was last at 1.2745 levels. Daily momentum and RSI indicators are not showing a clear bias. 2-way trades likely in the interim. Resistance at 1.2780/1.28 levels (100…

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Newsquawk Week Ahead – 27th April – 1st May 2026: Highlights include Fed, BoJ, BoE, ECB, BoC, US PCE, GDP and ISM Manufacturing PMIWEEK AHEAD Markets Next Week   US-IRAN PREVIEW : The week ahead centres on four key watchpoints. First, the Strait of Hormuz “red line”: President Trump has warned the US Navy could actively engage IRGC vessels suspected of laying mines or interfering with traffic, shifting from shadowing to potential direct strikes, particularly after an IRGC-escorted Iranian ship defied the blockade. Second, the nuclear deal standoff: Washington is pushing for a comprehensive deal, while Tehran insists the nuclear…

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West Texas Intermediate (WTI), futures on NYMEX, trades 1.5% higher to near $95.00 during the European trading session on Monday. The Oil price gains as the Strait of Hormuz, a critical passage to almost 20% of global oil supply, remains closed, due to stalled peace talks between the United States (US) and Iran.The US-Iran diplomacy stalemate has deepened as Washington called off the US envoys’ visit to Islamabad with Iran, which was scheduled over the weekend, Axios reported. US President Donald Trump canceled the US envoys’ visit to Pakistan, calling it a waste of time, as the counteroffer by Iran’s…

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  How Headlines Drive Financial Markets Stock market news today   Traders don’t react to headlines by accident. They do it because it works. As long as market participants and automated systems respond instantly to breaking news, ignoring headlines simply isn’t an option. The real challenge isn’t whether to pay attention, but how to decide when to follow the initial reaction and when to push against it. This dynamic is especially visible during periods of geopolitical tension, such as the recent U.S.–Iran developments, where a constant stream of headlines has repeatedly triggered sharp market moves. Why Headlines Hold So Much…

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