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,...
FOMC Minutes: The vast majority of participants judged risks to mandate roughly balanced
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,...
FOMC Minutes are due at the top of the hour
AI imageThe Federal Reserve is in a wait-and-see mode as they watch economic data and Capitol Hill. That was the clear message from the January 29 FOMC statement, Powell's press conference and subsequent comments from other Fed officials.The language they've used is...
Mexico lowers its 2025 GDP forecast to 0.6% from 1.2%
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 of $16 billion of 20 year bonds and a high yield of 4.830%
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 to auction off $16 billion at 20 year bonds at the top of the hour
The US treasury will auction off $16 billion of 20-year bonds at the top of the hour. The auction results will be compared to the six-month averages to gauge the relative success or failure of the auction. Generally speaking, the 20 year is not a favorite for buyers....
Atlanta Fed GDPNow growth estimate for Q1 comes in at 2.3% unchanged
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,...
EURUSD sellers push the pair to the support target at 1.0405 level. Key target for traders
In my kickstart video, I highlighted the 1.0432 - 1.0441 zone as key topside resistance that buyers needed to break through to gain control. This area was defined by previous resistance and support levels dating back to early February. A sustained move above this zone...
European equity close: An ugly turnaround after a record high in the DAX
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,...
US dollar rises to the best levels of the day
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,...
AUDUSD buyers remain in control after failing to move lower after RBA cut yesterday
The RBA cut rates by 25 basis points yesterday, marking its first rate cut in over four years and following 10 consecutive months of unchanged policy. Despite the expected decision, traders did not push AUDUSD lower. Instead, buyers stepped in at the 0.6334 level,...
Apple unveils now iPhone and a modem. Microsoft unveils quantum computing chip
I miss the days of true 'reveals' from Apple.Instead, we got today the iPhone 16e, which is a step down from the existing iPhone 16. It includes Apple Intelligence, which has been a bust so far. We also got its first cellular modem chip.Apple shares are down 0.2%...
Trump attacks Zelensky in a post, calls him a dictator
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 eyes a bigger deal with China that would include nuclear weapons – report
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 RBNZ cut rates by 50 bps and the NZDUSD moved lower into MA support and bounced.
IN the Asian Pacific session, the RBNZ cut rates by 50 basis points as expected, triggering a decline in NZDUSD. The pair initially broke below a key swing area between 0.5683 and 0.5694, but buyers quickly stepped in at the rising 200-hour moving average (green nline...
Morgan Stanley: Key focus for today’s FOMC Minutes
Morgan Stanley expects few surprises from today’s FOMC minutes, given Chair Powell’s more recent testimony in mid-February. However, the minutes may provide insight into how Fed officials view inflation progress, trade policy risks, and the overall stance of monetary...
Nasdaq Technical Analysis & How to Trade Nasdaq Futures Today by TradeCompass
NASDAQ Technical Analysis for Day Traders and Swing TradersAt the time of this analysis, NASDAQ futures (NQ) is trading at 22,187, moving quite fast as volatility remains high in the first 15 minutes of the U.S. session. Currently, price has not yet activated either...
Trump’s Bold Moves on Trade and Foreign Relations
The U.S. President’s whirlwind blitz through the bureaucracy, economic policy and geopolitical affairs isn’t slowing down. Trump threatened potential tariffs of around 25% on automobile, semiconductor and pharmaceutical imports. This development added to an already...
mixed signals in tech as consumer stocks show strength
Stock heatmap by FinViz.com Wed, 19 Feb 2025 14:46:02 GMTSector OverviewToday’s stock market heatmap paints a mixed picture across various sectors. The technology sector shows modest declines with Microsoft (MSFT) down by 0.32% and Nvidia (NVDA) slightly dipping by...
Trudeau: We are entirely focused on making sure no tariffs ever get brought in on Canada
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,...