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,...
Other comments from Trump: Want to talk to Putin (and Zelenskiy too)
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,...
EU to offer lower tariffs on US car imports in effort to make a deal with Trump
AI image Bernd Lange, who heads the trade committee in the European parliament spoke with the Financial Times and said the bloc was willing to lower its 10% import tax on cars "closer" to the 2.5% charged by the US in an effort to avoid a trade war. “We can try to...
Trump: We do want to work on the deficit with Japan. Want to get it down to even
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,...
A best guess on what’s really happening with the Trump reciprocal tariff headlines
Reuters tossed a hand grenade into markets today with a report that Trump could announce reciprocal tariffs as soon as today. Let's sort this out....The US has low tariffs rates and most other countries have higher rates. The idea is that the US would put tariffs on...
NZDUSD corrects lower into a cluster of technical levels including 100/200 hour MAs
The NZD/USD fell sharply on Monday, reaching its lowest level since October 2022, following tariff news. However, the pair rebounded after tariffs on Mexico and Canada were delayed by 30 days. The price spiked higher, retraced into a key swing area between 0.5581 and...
Fed’s Kugler: Jan jobs report shows US labor market is healthy
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,...
Bill Ackman reveals a position in Uber. Why he is buying shares
Ackman runs a super-concentrated fund and rarely takes new positions. This one would be worth about $2.25 for the Fund that has somewhere around $20 billion under management.Uber shares dumped on earnings earlier this week but stormed back the following day and...
What key earnings releases are scheduled for the week starting Feb 10
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Hassett says Trump wants reciprocity in taxes, cites Europe’s VAT as a tax on US companies
Kevin HassettReuters is talking about 'reciprocal' tariffs on European countries but a separate interview with White House economic adviser Kevin Hassett might offer a clearer picture of the agenda.In an interview with Bloomberg, Hassett said Trump was “reciprocity”...
CNBC reports ‘timing of reciprocal tariffs is premature’
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 AUDUSD is finding sellers in a swing area. Do buyers push higher or sellers stall rise
oweThe AUDUSD has seen volatile up and down price action in trading today. On the top side, the price has moved into a swing area between 0.6287 and 0.6301. The number swing highs have stalled within that area on Wednesday, Thursday, and Friday.As a result, that area...
Trump told Republicans he plans to issue reciprocal tariffs as soon as Friday – report
The US dollar rose on this and stock markets fell. There are any details in the report that cites two unnamed sources saying Trump told Republican lawmakers he plans to issue reciprocal tariffs as early as Friday (today). It's not clear who these are aimed at and the...
Fed’s Goolsbee: What’s happening in long-term rates is more the Treasury’s purview
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,...
NASDAQ index turns lower on the day after University of Michigan
US stocks have moved lower after the University of Michigan preliminary estimates for consumer sentiment came in weaker at 67.8 vs 71.1 estimate. The expectations, and current conditions both fell as well. The bigggest surprise was 1- year inflation expectations...
US February prelim UMich consumer sentiment 67.8 vs 71.1 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,...
New US Energy Secretary downplays the risk of tariffs on oil imports
US Energy Secretary Chris WrightUS Energy Secretary Chris Wright was recently confirmed and spoke with CNBC just now.He was asked about oil coming in from Canada.Wright: Obviously the Canadian energy system is integrated with the US system. I don't think we're going...
Tech sector shines while Amazon faces pressure: A look at today’s market movements
Stock heatmap by FinViz.com Fri, 07 Feb 2025 14:46:08 GMTSector OverviewThe US stock market today paints a mixed picture with technology stocks like Microsoft (MSFT) up by 0.14% and a surge in semiconductors as Nvidia (NVDA) climbs 0.42% and Broadcom (AVGO) shoots up...
The FX market is disagreeing with the fixed income market today
The US dollar is steadily bleeding lower in the aftermath of the non-farm payrolls report. The data was mixed with a softer headline but lower unemployment. Wages rose but it was due to benchmark revisions and fewer hours worked, suggesting a one-off effect.The bond...
Trump will meet with Japan PM Ishiba today. What to watch for
Japanese Prime Minister Shigeru Ishiba is in Washington today to meet with US President Trump. The countries had good relations under Trump 1.0 as Abe forged a strong relationship. This time around ,there is no strong indication that Japan is under consideration for...