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 stocks cannot get out of the red today
The US stock indices all traded negative for the entire trading day. Trump and Putin call did not help. Nor did the Nvidia GTC conference. The market is having trouble getting off its back. The wall of worry includes tariffs and the Fed decision tomorrow. What will...
New Zealand consumer confidence weakened to 89.2 in Q1 2025, from 97.5 in Q4 2024
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,...
Zelensky: Talks about Ukraine without Ukraine will not bring about results
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: Agreed to immediate ceasefire on energy and infrastructure
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 retests the swing area highs up to 1.0954. Key level for buyers and sellers
The EURUSD price action today saw a rise to the high of a swing area between 1.0936 and 1.0954. Sellers leaned against the area. The subsequent move to the downside stalled ahead of its rising 100-hour moving average currently at 1.0888 (see blue line on the hourly...
Ontario Premier: US plans to introduce across-the-board tariffs on April 2
I don't think any of this is a big surprise but Ontario Premier Doug Ford met with US Commerce Secretary Howard Lutnick on Thursday and today he offered up more of what he heard.“I can tell you what they want. They are going to put a global tariff on the whole world...
White House: Putin backed ‘energy and infrastructure ceasefire’:
Fresh Ukraine talks to start 'immediately' in Middle EastPutin agreed to pause strikes on Ukraine energy targets for 30 daysThe Russian headlines sounded like Putin endorsed the idea of a pause on hitting energy infrastructure, though I'd imagine the Ukraine will have...
Putin proposed hockey gains between the USA and Russia. Trump backed the idea
Now this is the kind of diplomacy I can get behind.The Russian readout of the call today between Trump and Putin said the Russian President suggested a organizing hockey games between the USA and Russia to take place in the United States. Trump backed the idea.We can...
Kremlin: Putin backs idea not to hit energy facilities for 30 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,...
Jensen Huang: The ability to understand the physical world, will enable robotics
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 treasury sells $13 billion of 20 year bonds at a high yield of 4.632%
High yield 4.632%WI level at the time of the auction 4.646%Tail -1.4 basis points vs 6-month average of 1.3 bpsBid to cover 2.78X vs 6-month average of 2.52XOther details:Directs 22.35% vs 6-month average of 16.9%Indirects 68.84% vs 6-month average of 66.2%Dealers...
Oil moves lower after hints of peace from Trump/Putin talks
The price of crude oil is trading lower after a hint of peace from the Trump/Putin talks today. WTI crude oilLooking at the hourly chart, the price has moved from a high of $68.46 today to a new low of $66.59 currently. The price has also broken back below its...
The US treasury to auction off $13 billion of 20-year bonds 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,...
European indices are closing higher after Germany passes fiscal reform measures
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,...
Putins Envoy: Under Pres. Putin and Pres. Trump, the world has become a much safer place
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,...
Gold trades to a new all time high
Gold continues its bullish momentum, surging $30.60 (1.02%) to $3,031.76, marking a new all-time high. The precious metal is now up 15.57% in 2025, following a 27.2% rally in 2024. With record highs being set, traders must ask: "What could derail this rally, even in...
Call between Trump and Putin is still ongoing
The markets remain on edge as Trump/Putin call continues. At stake is:No ceasefireA temporary 30-day ceasefireSomething more or less.Russia is expected to outline conditions, including a halt to Western weapon shipments to Ukraine. They also would not want to see...
NZDUSD backs off after run higher yesterday & today stalls ahead of retracement target
NZDUSD technicalsLast week, the NZDUSD found support twice at its 200-bar moving average on the 4-hour chart, giving buyers the confidence to push higher. Yesterday, the pair broke above its 100-day moving average at 0.57464, accelerating the upside move. This...
Bundstag vote is underway… and it passes
The Bundestag is currently voting on Chancellor Merz’s fiscal reform, with results ...well it has passed.The vote was 513 in favor and 207 against. The vote needed 489 votes to pass constitutional reform. The reform debt policies would allow higher defense spending...