New tariff policy is one of the biggest economic shocks in decades March PCE 12-month inflation likely 2.3%; core PCE likely 2.7% In Q1: Economy grew modestly Labor market remained solid Inflation was too high but showing slow improvement Monetary policy is meaningfully restricting economic activity Hopes underlying inflation will continue to moderate Inflation expectations […]
Category Archives: Forex News
15
Apr
Apr
The market went into the weekend with considerable optimism about progress between China and the USA but what unfolded was: A dropping of tariffs on everyone regarding electronics A White House reminder that 20% fentanyl tariffs remained on Chinese electronics Lutnick saying that electronics (and other) tariffs were still coming soon Trump confirming what Lutnick […]
14
Apr
Apr
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 […]
14
Apr
Apr
USDCAD technicals The USDCAD broke below its 200-day moving average last Friday—a key technical development that marked the first sustained move under that level since October 7, 2024. The bearish break sparked increased downside momentum, driving the pair through multiple support zones. Most notably, the price fell below the 61.8% retracement of the rally from […]
14
Apr
Apr
oil daily Oil is green today, which has been a rare occurrence in April. WTI crude oil is up 83-cents to $62.33 as broad sentiment improves on hopes for a phone call between Trump and Xi. OPEC hasn’t wasted any time downgrading its economic view today as it cut its demand growth forecast to +1.3 […]
14
Apr
Apr
Headlines: Markets: GBP leads, CHF lags on the day European equities higher; S&P 500 futures up 1.6% US 10-year yields down 4 bps to 4.456% Gold down 0.4% to $3,222.04 WTI crude up 1.7% to $62.54 Bitcoin up 1.3% to $84,817 The market is holding on to some hopeful optimism to start the week, with […]
14
Apr
Apr
Trading success often depends on whether or not one can pinpoint potentially profitable assets before sharp price movement. This is particularly evident in crypto, where high volatility is the norm. Technical analysis—analysis is of historical price action and chart patterns—is one of the main methods to predict price direction. Candlestick analysis, a part of technical […]
14
Apr
Apr
If you take a look at the markets, you will notice that they pretty much haven’t moved. That’s probably because everyone is waiting for the Trump’s update on semiconductor tariffs. The decision on Friday to exempt electronic devices like smartphones, laptops and so on from tariffs turned out to be a temporary measure and those […]
14
Apr
Apr
US Treasury 30-year yields (%) daily chart This is still one of the more important spots to watch with regards to the whole trade war and tariffs saga at the moment. Yields blowing up in the past week was a key reason in prompting a U-turn from Trump on his reciprocal tariffs policy. And despite […]
14
Apr
Apr
Fundamental Overview The USD continues to lose ground against most major currencies although the fundamental backdrop remains unclear. The most popular narrative is that everyone is selling US assets, and the greenback is losing its reserve status as a consequence of the aggressive trade war. Such big claims are generally made at tops or bottoms, […]