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 […]
Category Archives: Forex News
14
Jan
Jan
Bloomberg with the info on a plan to gradually raise tariffs by 2 to 5% a month. In brief: Advisors on Trump’s incoming economic team are considering a gradual implementation of tariffs, increasing them incrementally each month. This approach is intended to strengthen their negotiating position while minimizing the risk of sudden inflation, according to […]
14
Jan
Jan
The major US stock indices are closing mostly higher with the NASDAQ index the laggard. Even the Russell 2000 is in positive territory. The gains come ahead of the US PPI final demand data on Tuesday. The CPI inflation data will be released on Wednesday. The final numbers are showing: Dow industrial average rose 358.67 […]
14
Jan
Jan
The S&P index has moved into positive territory. The high price just reached 5830.76. The current price is trading at 5827.41 up 0.41 points on the day. The Dow industrial average is extending its gains to 306 points or 0.73% at 42245.30. Much of the gain is as a result of gains in UnitedHealth, Caterpillar, […]
14
Jan
Jan
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
Jan
Jan
The major European indices are closing lower on the day with declines in the -0.30-0.40% range. A snapshot of the closing level shows: German DAX, -0.38% Frances CAC, -0.30% UK’s FTSE 100 -0.29% Spain’s Ibex, -0.28% Italy FTSE MIB -0.83% As the European traders had for the exits, the US major indices are mixed: Dow […]
14
Jan
Jan
The AUDUSD on Friday fell below a swing low going back to October 2022 at 0.61695 (red number 2 on the chart below). That took the price to the lowest level going back to April 2020 (see chart below). In trading today, the price has been waffling up and down with a new low reached […]
13
Jan
Jan
Prior month revise to 109.45 from 109.55 Employment trends for December 109.70 This article was written by Greg Michalowski at www.forexlive.com. Source link
13
Jan
Jan
The order US stock indices are on a three day losing streak and on pace for its 4th today with the premarket futures trading to lower levels. A snapshot of the implied openings shows: Dow industrial average -75 points. S&P -45 points NASDAQ index -234 points Shares of Nvidia are trading down $5.18 or -3.81% […]
13
Jan
Jan
A day after the stronger than expected US jobs report, the USD is modestly higher with the largest gains vs the EUR (+0.52%) and the GBP (+0.81%). THe dollar has small gains vs the CHF, CAD, AUD and NZD and is lower vs the JPY (-0.22%) to start the week. EURUSD: THe EURUSD is stretching […]