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,...
UK offered to cut tariffs on beef and fish.
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: Will sign executive order to keep TikTok open for 75 more days
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,...
WH CEA Chair Miran: Tax cuts and deregulation ahead
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,...
GBPUSD falls to new lows and tests the low for the week
GBPUSD technicalsThe GBPUSD is trading to a new low for the day and new low for the week.The price has now broken below the low from earlier this week at 1.2878. The low going back to March 5 reached 1.28608. A move below the floor area, would have traders looking...
Baker Hughes oil rig counts +5 to 489
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,...
Washington Post: Trump chose the formula for the tariffs
Jeff Stein from the Washington Post is out with an article saying that there were numerous formula to calculate the reciprocal tariff levels. The other ones were said to be more sophisticated. Although a can be confirmed precisely the one that train picked and...
Vietnam’s general secretary: Vietnam ready to cut tariff to 0
Vietnam general secretary To Lam says: Vietnam ready to cut tariffs 20 and asks US to do the sameAgreed with Pres. Trump to discuss and sign bilateral agreement to concretize commitments on zero tariffsInvites Trump to Vietnam and says Pres. Trump accepted...
NZDUSD falls sharply today. Price down -3.47%. Largest decline going back to 2012
NZDUSD technicalsThe NZDUSD is down -3.47%, marking its largest single-day decline since at least the end of 2012. Even during the height of the 2020 pandemic, the worst daily drop was -3.39%—today’s move surpasses that, making it the steepest fall in over 12 years.On...
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EURUSD gives the sellers a small victory in the short term
EURUSD technicalsThe EURUSD moved into a topside range from back in September/October 2024 yesterday between 1.1001 and 1.1213, and has increased the momentum in trading today. The high price extended to 1.1098 just short of 1.1100 natural resistance. Since then, the...
Powell Q&A: People are still experiencing a high price level
Inflation has come down quite a bit and we're close to maximum employmentData has been solid, right through today's jobs reportWhat we've learned is that tariffs are higher than almost anyone expected but we don't know where that comes to restPeople expect us to tell...
The full text from Fed Chair Powells speech
Chair Jerome H. PowellAt the Society for Advancing Business Editing and Writing Annual Conference, Arlington, VirginiaThank you for having me here today. Monetary policy is more effective when the public understands what we are doing and why. Through your work,...
Powell: Larger tariffs risk higher inflation and slower growth. Will wait for clarity
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 says it would be a perfect time for Powell to cut rates
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 indicates he is in deal mode after call with Vietnam
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,...
Market turbulence: Tech giants stumble, utilities show resilience
Stock heatmap by FinViz.com Fri, 04 Apr 2025 14:46:10 GMTSector OverviewToday’s stock market paints a vivid picture of widespread turmoil, especially within technology and consumer sectors. Technology is taking a significant hit, with Microsoft (MSFT) shedding 0.57%...
AUDUSD meltdown: Sellers crush support in the biggest drop since 2012
AUDUSD technicalsIn my post yesterday, I wrote:The pair is now sliding back toward a cluster of key moving averages on the 4-hour chart — including the 100-bar and 200-bar MAs on the 4-hour chart and the 100 day MA — currently between 0.6305–0.6317 area. A move below...
Does the market need Powell to say something dovish today?
Yesterday I wrote that the speech from Powell scheduled for today was an even-bigger event than non-farm payrolls and that's even more true now. Fed pricing has continued to take a dovish shift and the market is now pricing in 125 basis points in rate cuts in the...
NASDAQ index trades down as much as 21.2% from it’s all time high
U.S. stocks are trading lower despite a stronger-than-expected jobs report, as market focus has shifted sharply toward escalating trade tensions. China responded to the latest U.S. tariff measures by announcing 34% retaliatory tariffs, matching those imposed by...