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There is not much on the data calendar to move around FX today. All the data goes into the mix, of course, but this is a lower-tier stuff. For a catch up on a huge geo-political weekend:Calendar ahead:This snapshot from the ForexLive economic data calendar, access it...

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,...

It was a big weekend for geopolitics (read from the bottom up for the chronology):Despite this major FX is not a lot changed. There are multiple 'hot takes' doing the rounds, the one with most credence as to why markets are, relatively, calm is that Iran gave wide...

UPCOMING EVENTS:Monday: New Zealand Services PMI, Eurozone Industrial Production, US Retail Sales, US NAHB Housing Market Index, PBoC MLF.Tuesday: China Industrial Production and Retail Sales, UK Labour Market report, Eurozone ZEW, Canada CPI, US Housing Starts and...

Israeli PM NetanyahuUS President Joe Biden told Israeli prime minister Benjamin Netanyahu during a call today that the US will oppose any Israeli direct counterattack against Iran, according to an Axios report that cited a 'senior White House official.' Two things:1)...

Iran's IRGC says it has "successfully hit important military targets" of Israeli army and "destroyed them", according to Iranian press. The Iranian government's newspaper also said that Tehran successfully targeted Israel's most important military base in Nagev using...

Here is a tweet showing what appears to be two fast-moving ballistic missiles landing.It's getting very difficult to imagine that Israel/US won't respond however an Al Jazeera report, citing Israeli security sources, they succeeded in intercepting 99% of the Iranian...

On Israel TV, a senior Israeli official was cited as saying there will be a 'significant response'.It don't think it was ever realistic to think that Israeli would let it end here. So now we wait for the response, and then the response to the response, etc.If you want...

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,...

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,...

Iran supreme leader Ali KhameneiWhen the drones were launched, there was still some hope that it would be a token retaliation and that we wouldn't be headed towards a regional war.That's now looking considerably less likely.The Israeli military says more than 100...

Iran has launched drones -- perhaps hundreds -- toward Israel. The drones were launched in the last hour but could take several more hours to arrive.Iran's revolutionary guard confirmed the attack. Israeli will attempt to intercept the drones before they arrive. “We...