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, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
US Nonfarm Payrolls show steady job growth, but Fed remains in no rush to cut rates. Powell reiterates that inflation path will be “bumpy,” keeping policy steady for now. PBoC adds 10 tonnes of Gold in early 2025, while Poland’s NBP purchases 29 tonnes. Gold prices fell on Friday as the Greenback trims some of its losses and US…
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, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
The Dow Jones dipped to fresh lows before rebounding after NFP data print. The US added less jobs than expected in February while unemployment ticked higher. Previous wages, unemployment, and NFP net job gains were all revised lower. The Dow Jones Industrial Average (DJIA) struggled on Friday, falling to a fresh seven-week low below 42,200 before staging a mild…
China inflation data for February 2025: Consumer Price Index -0.7% y/y, falling back into negative for the first time since January 2024 expected -0.5%, prior +0.5% Consumer Price Index -0.2% m/m expected -0.1%, prior +0.7% Producer Price Index -2.2% y/y expected -2.1%, prior -2.3% China’s National Bureau of Statistics (NBS) blames the y/y drop back into deflation for the…
Australian Dollar weakens as disappointing US labor data increases risk-off sentiment. US NFP report came in below forecasts, while wages slowed, raising concerns over economic resilience. China’s trade data revealed weaker imports, amplifying pressure on the Aussie. Technical indicators suggest increasing downside risk as AUD/USD approaches key support levels. The Australian Dollar extended losses on Friday against the USD…
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, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
AUD/JPY moved lower ahead of the Asian session, extending its losing streak to two days and trading near the 93.00 area. Selling momentum appears to be fading, with technical indicators suggesting that bulls might attempt a rebound or initiate sideways movement. The AUD/JPY pair experienced a second consecutive day of losses on Friday landing at around 93.30, as sellers…
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, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
Walmart ends Friday session down 3.1%. Executives are getting pushback from Chinese suppliers when asking for discounts. Trump paused most tariffs on Canada and Mexico this week but left in place those on China. NFP miss shows that labor market might be at outset of downturn. The US stock market seesawed on Friday, pulling back in the morning…
