EUR/USD dailyGoldman Sachs raised its EUR/USD forecasts slightly but maintains a bearish outlook, citing lingering US tariff risks and limited fiscal support in the Eurozone. While the Euro has held up better than expected, Goldman argues that the market has overly...
Trump says he will hit Canada with reciprocal tariffs if Canada retaliates
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,...
Ted Cruz says he hopes tariffs won’t last an “extended period of time”
Ted CruzThe Huffington Post reports on comments from Texas Senator Ted Cruz:Cruz said he hopes Trump tariffs won’t last an “extended period of time.” “Texas does an enormous amount of trade with both Mexico and Canada, and so my hope is these tariffs act as the...
PU Prime Launches the Ultimate Lucky Draw Promotion
To mark Saint Patrick’s season, PU Prime is launching PU Prime’s Ultimate Lucky Draw promotion, giving traders the opportunity to win exclusive prizes, including an iPhone 16 Pro Max, iPad Pro, AirPods Max, and bi-weekly cash rewards. The promotion runs from 1 March...
Some signs point to Sunday as a day for a potential reversal in North American tariffs
Here is something to think about:Today Mexico announced that they are holding back on announcing retaliatory tariffs until Sunday.Sunday is also the day when Canadian Prime Minister Justin Trudeau's successor in the Liberal Party -- and the new Prime Minister -- is...
Putin says he agrees to act as mediator between the US and Iran
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,...
Brutal price action in the Russell 2000
There is one line of thinking that US stocks haven't been hit too hard lately. The S&P 500 is down 6% from its record high, which is some pain but not exactly a rout.It's a different story in small caps, which initially rallied strongly on the election on hopes...
European equity close: Rough day in Germany after a record high on Monday
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,...
Trudeau: Canadians will not back down from a fight
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,...
Ontario to place 25% export tariff on electricity, threatens total cutoff
Doug FordThe Premier of the Canadian province of Ontario has been talking a big game on retaliatory tariffs. He won a third consecutive election last week and there was some thought that his tough talk was electioneering.That doesn't appear to be the case as he's now...
Senate majority leader Thune: I hope Trump tariffs are a means to an end
John ThuneIt's unclear whether Congress will try to assert its power over tariffs "I'm hoping they're a means to an end and not the end itself. I think they're hopefully temporary -- designed to achieve a specific result," he told reporters. He added: "Nothing happens...
Tesla Stock Today: Quick Day Trade Setup for a High-Reward Long Position
Tesla Stock Trade Plan – March 2025EDITED and moves stop since there was a slight error previously. 1 buy filled. Trade still relevant.Tesla stock (NASDAQ: TSLA) is trading at extended levels, presenting a high-probability day trade opportunity for long buyers. This...
Trump writes that if companies move to the US, there are no tariffs
I think US companies are in a tough spot. You can't just pick up a factory and move it across the border.Say you're Ford and decide to move production to the US. The reason the factories are where they are is cost, nothing else. It would take a number of years to move...
Changelly Offers $50 Welcome Bonuses to New Mobile App Users Throughout March
Changelly, an instant cryptocurrency exchange platform, launches an exclusive campaign offering a US$50 welcome bonus to cover service fees for crypto swaps to all new mobile app users throughout March 2025.New users who download and install the Changelly mobile app...
S&P 500 breaks the January low and erases all gains since the election
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,...
Rumors swirl about Trump’s speech tonight
There is somewhat of a coherent message coming out of the White House today and it's something like:Short-to-medium term pain for long-term gain.That's a dangerous game to play because recessions are often more about confidence than anything else. Once spending and...
A Global Trade War Has Begun
While we can hope that World War III is not on the horizon, the world is far from calm. Tensions between countries are escalating, and the United States’ protectionist policies are a major driving force behind this.This week, the U.S. officially imposed a 25% tariff...
Sheinbaum will speak with Trump on Thursday
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,...
Tech struggles as consumer defensive sectors hold firm
Stock heatmap by FinViz.com Tue, 04 Mar 2025 14:46:11 GMTSector OverviewThe stock market today showcases a challenging scene for technology stocks, with significant declines in the semiconductor and key tech companies. The sector is clearly underperforming, as major...
Three Federal Reserve rate cuts are now fully priced- in for this year
AI imageThis is a tough environment to trade in and equally tough to set policy in.Signs of a more-dovish Fed have been slim so far but the door was cracked open yesterday by St Louis Fed President Musalem who highlighted some downside risks to the economy. Otherwise,...