Category Archives: Forex News

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 […]

The GBP/USD moved lower during the Asian and European sessions but found support near the converged 100- and 200-hour moving averages (MAs). Sellers turned into buyers at this critical area, and the pair began to rotate back to the upside. The upward momentum has now pushed the price toward the 50% retracement level of the […]

Europe held firm once again as Trump’s tariff talk focuses elsewhere. On the day: Stoxx 600 +0.4% German DAX +0.2% Francis CAC +0.5% UK’s FTSE 100 +0.4% Spain’s IBEX -0.2% Italy’s FTSE MIB -0.3% US stock markets are also at the highs of the day with the S&P 500 up 0.6%. This article was written […]

During his speech at the presidential parade following Donald Trump’s inauguration, Elon Musk made a suspiciously familiar gesture, which the telecast quickly cut off. But, as always, the Internet never forgets, and the video quickly spread through social media. In the past (under the previous administration), such an incident would probably have sparked a major […]

Trudeau will remain Prime Minister until a new Liberal leader is chosen in March, so he will be the one dealing with tariffs if they’re imposed on Feb 1. Our government has already acted to address Trump’s concerns about the border Golden age of US will require Canadian resources Trump is a skilled negotiator who […]

Prior y/y reading was +1.9% CPI m/m % versus -0.4% expected Prior m/m reading was 0.0% Core CPI m/m % versus 0.4% last month CPI median % versus 2.4% expected . Last month 2.6% CPI trim % versus 2.5% expected . Last month 2.7% CPI common % versus 2.0% last month CPI BOC Core y/y […]

TradeCompass for Russell 2000 Futures (RTY) – January 21, 2025 Current Overview:Russell 2000 Futures (RTY) are trading at 2298, slightly below the psychological 2300 round number, an area that often attracts price fluctuations. With a tight range defined by bullish momentum above 2307 and bearish sentiment below 2301.5, today’s trading session offers clear levels for […]

Fundamental Overview The USD has been marginally weaker recently due to lower than expected US inflation figures last week that sent Treasury yields lower and made the market to price in higher chances of a second rate cut by the end of the year. Yesterday, the greenback weakened across the board following a WSJ report […]

Fundamental Overview The USD has been marginally weaker recently due to lower than expected US inflation figures last week that sent Treasury yields lower and made the market to price in higher chances of a second rate cut by the end of the year. Yesterday, the greenback weakened across the board following a WSJ report […]

Fundamental Overview The USD has been marginally weaker recently due to lower than expected US inflation figures last week that sent Treasury yields lower and made the market to price in higher chances of a second rate cut by the end of the year. Yesterday, the greenback weakened across the board following a WSJ report […]