USD/JPY monthly chartThe JPY has outperformed most G10 currencies amid tariff-driven FX volatility, benefiting from safe-haven demand. Historically, JPY weakness under Trump was more tied to Fed rate hikes than tariffs. However, JPY’s immunity to Trump tariffs may not...
US dollar continues slow slide as Treasury yields turn lower
The risk mood continues to improve with the S&P 500 up 37 points to a session high at 3748. Stocks are getting help from falling Treasury yields but that dynamic is also weighing on the US dollar, which is at the lows of the day.The market is feeling better about...
AUDUSD moves to new highs erasing the declines from weekend tariff news
The AUDUSD plunged yesterday on weekend tariff news, breaking below the January low at 0.61306 to reach its weakest level since early 2020. However, the pair rebounded as Mexico secured a 30-day tariff reprieve, followed by Canada later in the day. This retracement...
Still waiting on the Trump-Xi call
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,...
New Zealand GDT Price Index +3.7%
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,...
JOLTS job openings 7.600M vs 8.000M estimate
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 December factory orders -0.9% vs -0.7% expected
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 sector consolidation: Software stocks rise amidst mixed market signals
Stock heatmap by FinViz.com Tue, 04 Feb 2025 14:46:07 GMTTech sector consolidation: Software stocks rise amidst mixed market signals📈 Technology and Software Sector: Signs of StrengthThe technology sector shows a mixed performance today, highlighted by notable gains...
The USDCHF continues fall after testing the January high and finding willing sellers
The USDCHF climbed yesterday as weekend tariff news fueled US dollar buying. However, the rally stalled just four pips shy of the January high and key resistance at 0.9200, where buyers turned to sellers. A 30-day tariff reprieve for Mexico, followed by a similar move...
Trump expected to sign executive order restoring ‘maximum pressure’ on Iran
Trump is going back to his prior harsh stance on Iran. this should be bullish for oil, which was down 3% today before the report.The official cited said the order is aimed at denying Iran all paths to a nuclear weapon and countering Iran's 'malign influence'. The...
The US dollar drifts lower in a sign of improving risk appetite
The US dollar is softening across the board at the moment in a slow, steady move.USD/CAD is particularly notable as it slips through yesterday's low and Friday's low, creating something of a head-and-shoulders top that targets close to 1.40.USDCAD 30 minsThe mood is...
The USDCAD is back in familiar area after the run to new high going back to 2003 retraces
The upside breakout continued yesterday, with USDCAD surging past the 2020 high of 1.4660 and reaching levels not seen since 2003. The rally peaked at 1.47924 before reversing lower. After fluctuating around 1.4660, sellers gained control as Mexico secured a 30-day...
A Unique Analysis of META Stock Earnings Report
Meta Platforms (NASDAQ: META) just released its latest earnings report, and as always, the company’s leadership painted an optimistic picture of its future. But as investors, we need to cut through the corporate spin and examine both the strengths and risks that...
The lesson from Trump’s first big trade fight
You have to hand it to Trump, he's incredible at bluffing.He took the negotiations with Mexico and Canada to the limit, leaked all kinds of reports about tariffs rising or other measures and then called it all off in exchange for some token border measures, most of...
Kickstart North American FX trading day with a technical look at EURUSD, USDJPY & GBPUSD
The USD is mostly higher with most of the major currencies vs the USD up in volatile up and down trading as traders react to news headlines on tariffs (or the lack thereof). The USD is marginally lower vs the CHF and CAD (the USD is down around -0.10% in the...
Forexlive European FX news wrap: Awaiting the Trump-Xi call
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,...
What If a Military Operation Against Iran Begins?
Just as there is no smoke without fire, rumors, and news — especially regarding geopolitics and changes in the Middle East — rarely arise for no reason. Although tensions in the region seemed to have calmed down following the ceasefire between Israel and Hamas, giving...
USDCAD Technical Analysis – The pair continues to be driven by tariffs headlines
Fundamental OverviewThe USD opened the week higher across the board as Trump followed through with his threats and imposed tariffs on Canada, Mexico and China on Saturday. Thankfully, it seems like Trump continues to use tariffs as a way to bring countries to the...
USDCHF Technical Analysis – Tariffs news dominate the price action
Fundamental OverviewThe USD opened the week higher across the board as Trump followed through with his threats and imposed tariffs on Canada, Mexico and China on Saturday. Thankfully, it seems like Trump continues to use tariffs as a way to bring countries to the...
Dollar gains ease in European morning trade
Trump may have delayed the 25% tariffs on Canada and Mexico but the additional 10% tariffs on China did go into effect earlier. Beijing did respond with their own counter-tariffs but they will only go into effect on 10 February. And with Trump teasing talks with Xi...