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,...
Business NZ January Manufacturing PMI 51.4 (vs. prior 45.9)
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,...
Stocks closing higher once again. Meta 19 straight days of gains
The major stock indices are closing higher, with the NASDAQ index leading the way with a gain of 1.5%. Meta shares closed higher for the 19th consecutive day after trading down over seven dollars at session lows. Shares of Meta shares are up some 18.6% over the streak...
Forexlive Americas FX news wrap: US dollar falls as the market shrugs off tariffs
Markets:CHF leads, USD lagsWTI crude oil up 5-cents to $71.42US 10-year yields down 10.5 bps to 4.52%Gold up $23 to $2926S&P 500 up 0.95%If you look at the newsflow -- tariff announcement and hot PPI -- you might have expected to see some US dollar strength today...
Economic calendar in Asia 14 February 2025 – a light one
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,...
Trade ideas thread – Friday, 14 February, insightful charts, technical analysis, ideas
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,...
Meta trades higher and on pace for 19th straight gain; price inching upwards
Meta shares were down as much of -$7.34 today. However, selling could be sustained and the price has pushed back to the upside. The current price is up $2.33 or 0.32% at $727.71. Looking at the daily chart, the price is tracking and skimming along the broken upside...
AUDUSD pushes – breaks through – the upper limit
AUDUSD is pushing the upper limitThe AUDUSD is pushing the upper limit - well breaking through as I type . The next target comes in at 0.6331. Admittedly, the price has been in a volatile up and down range over the last 7 or so days. The low of the range comes in at...
Gold continues to score wins as $3000 looms
What's left to say about gold at this point?It's seemingly hit some kind of escape velocity as the momentum trade carries it daily despite varying risk trades, interest rate environments and tariff risks.It's rallied nearly non-stop since the turn of the year. I tend...
MUFG: Bigger downside risks for USD/JPY ahead
USD/JPY dailyMUFG expects further JPY strength and downside risks for USD/JPY, driven by reversing global inflation trends, declining US yields, and BoJ rate hikes. While USD/CNY upside could exert short-term pressure on JPY, JPY is likely to weaken less than other...
Yields at lows. Stocks near highs. USD whips around on the latest tariff news
Trump decides to go ahead with the Memorandum to introduce recipricol tariff plan. The USD moved higher and then it moved back down. The US stocks dipped a little and then rebounded. The US yields moved around as well but is now trading at session lows. The 10 year is...
This market isn’t afraid of tariff talk anymore
The market reaction to today's 'reciprocal' tariff announcement from the White House revealed one of two things:Sell-the-fact (on the dollar) as this has been telegraphed for a weekIt's a toothless threat aimed at getting negotiating leverageI'm biased towards the...
Trump expressed support in the call for a European peacekeeping force in Zelensky 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,...
Trump announces reciprocal tariffs: Could begin to impose some tariffs “within weeks”
Sending merchandise through another country to avoid tariffs will not be acceptedSays he's decided to charge reciprocal tariffsProvisions will be made for non-monetary tariffs, such as tests on carsProvisions for non-monetary tariffs will include limitations on...
The Trump administration is confused about European VAT taxes. Here is how they work
It will be interesting to see what the Trump administration today says about European VAT taxes, which seem to be a focus of several administration officials including Peter Navarro.That thinking is causing confusion because these are essentially consumption taxes.In...
US treasury sells $25 billion of 30 year bonds at a high yield of 4.748%
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,...
USDJPY reaches the cluster of MAs and finds some stall
USDJPY has extended lower, reaching a key moving average (MA) cluster highlighted in earlier posts. This support zone, spanning 152.71 to 153.03, includes the 100-hour, 200-hour, 100-day, and 200-day MAs. The pair just touched a low of 152.917 within this range before...
US treasury to auction $25B of 30 year bond at the top of the hour
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,...
Ukraine’s Zelenskiy warns: Don’t trust Putins claims of readiness to end war
Pres. Trump is keen on ending the war with Russia and Ukraine, and spoke to leaders of both nations yesterday. Whereas, Trump posted today:"GREAT TALKS WITH RUSSIA AND UKRAINE YESTERDAY. GOOD POSSIBILITY OF ENDING THAT HORRIBLE, VERY BLOODY WAR!!!"Zelenskiy is giving...
Changelly Celebrates Major Expansion: 1k Cryptos Now Available with Valentine’s Promotion
Changelly, an instant cryptocurrency exchange platform, marks two major milestones: expanding its cryptocurrency support to 1,000 coins across 185 blockchain networks. To celebrate these achievements, the platform is launching a Valentine's-themed promo campaign...