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,...
S&P index closes at a new record high. Major indices close at session highs.
S&P index closes at a new record levelS&P index closed at a new record high. The broadest market index rose by 32.35 points or 0.53% to 6118.73. That took out the previous high close of 6099.97 from December 6. Yesterday, the index traded to a new intraday...
Forexlive Americas FX news wrap: Trump speaks at Davos, US stocks hit a record
Markets:Gold flat at $2753WTI crude oil down $1.18 to $74.26S&P 500 up 0.5%US 10-year yields up 4.5 bps to 4.64%JPY leads, USD lagsTrump continued to talk about tariffs on Wednesday in an appearance at Davos but the effect on the market was minimal. There was some...
Trump reiterates Feb 1 data for Canada and Mexico tariffs
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,...
Trump: Zelensky told me he’s ready to make a deal
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,...
Crude oil settled at $74.62
The price of crude oil is settling at $74.62. That is down $0.82 or -1.09% on the day.Technically, the price fell below its 200-day moving average at $75.01 (green line) going back to January 8, the high price stalled against that level and then broke above it on...
Trump says he expected the Fed to listen to him on interest rates
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Trump will sign an executive order related to AI (and crypto)
We will await the details but an aide cited by Reuters said one of the orders is in regards to establishing a commission on science and technology.Update: President Donald Trump signed an Executive Order establishing a Presidential Working Group on Digital Asset...
EURUSD bounces back toward resistance after sellers had their shot and missed
The EURUSD sellers had their shot on Trump tariffs talk early in his Davos speech/comments. The USD moved higher and the price fell below the 100-hour MA (blue line in the chart below). That should have sent the price lower, but the break was short-lived. The price...
Trump set to sign executive order
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BofA: Staying cautious on EUR-G10 FX, favor EUR/JPY and EUR/CAD downside
Bank of America maintains a cautious stance on EUR against G10 currencies in the near term due to trade uncertainty, weakened risk sentiment, and relative monetary policy dynamics, particularly following strong US economic data. They see opportunities in EUR/JPY and...
S&P 500 hits a record high, breaking the early-December top
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,...
The US treasury auctions $20B of 10 year TIPS at a high yield of 2.243%
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AUDUSD is stretching higher into resistance
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,...
European shares close higher led by Spain’s Ibex
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,...
The USD is moving lower in volatile trading on the Pres. Trump comments at Davos
The USD is moving up and down as Trump addresses the Davos World Economic Forum. Trump spoke of bringing the price of oil down. He spoke about interest rates coming down. That seemed to help to weaken the dollar. IN the US debt market, the yield curve steepened with...
The USD is moving lower in volatile trading on the Pres. Trump comments at Davos
The USD is moving up and down as Trump addresses the Davos World Economic Forum. Trump spoke of bringing the price of oil down. He spoke about interest rates coming down. That seemed to help to weaken the dollar. IN the US debt market, the yield curve steepened with...
EIA weekly US crude oil inventories -1017K vs -1645K
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,...
EIA weekly US crude oil inventories -1017K vs -1645K
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,...
Oil and the US dollar fall on Trump’s Davos comments
GBP/USD 10 minsThe US dollar declined modestly across the board during Trump's appearance in Davos after initially rallying.Trump talked about tariffs across the board as a way to raise money for tax cuts. On the initial talk of tariffs, the US dollar briefly jumped...