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…
Today, we’ve got significant news regarding potential tariff reductions on China. President Trump suggested that “80% Tariff on China seems right” ahead of upcoming trade talks with Chinese officials. This would represent a substantial decrease from the current tariffs, which reach as high as 145%. What’s particularly interesting—and telling—is the stock market’s tepid reaction to this news. Despite what…
It looks like negotiations to end the Ukraine war are slowly falling apart but that could be an illusion as negotiations are always the toughest at the end. This article was written by Adam Button at www.forexlive.com.
Mexican Peso shrugs off soft data, extends four-day rally as traders eye US-China meeting in Switzerland. Mexico’s Consumer Confidence dips for seventh month; auto exports slump under new US tariffs. Fed officials maintain wait-and-see approach, highlighting uncertainty over tariff impact on US economy. The Mexican Peso (MXN) registered modest gains versus the US Dollar (USD) on Friday as market…
Amritsar is a city of 1.4 million in the north of the country close to Pakistan. Reuters reports hearing four blasts in the city in a sign of the escalating conflict. Gold prices are up $37 to $3342 today in what’s been a very volatile week for the precious metal. This article was written by Adam Button at www.forexlive.com.
The US Dollar holds steady as global trade negotiations remain in focus. The PBoC continues Gold purchases, signaling long-term interest. Chinese Copper production expands, reducing reliance on imports. The Australian Dollar (AUD) remains under pressure as global trade uncertainties persist, particularly surrounding the US-China trade talks. While there has been a slight rebound in copper production from China, trade…
The German DAX has completed its lap from the March 6 high to the April 7 low and back to the March 6 high. We run to the downside was a -21.245% decline The pair moved above that high at 23475, and in trading today reached a new intraday high price of 23543.27. The price is closing the week…
US President Donald Trump commented on Friday that he will maintain 10% universal tariffs on imports, even after trade agreements are reached with other countries. He added that there would be exemptions if their counterparts offered advantageous trading terms. Trump said to expect new trade deals in the coming weeks, but “we always have a baseline of 10%.” US-China…
AUDUSD back in the up and down range Earlier this week, AUDUSD broke above a key swing area and the upper boundary of a consolidation range dating back to April 15, moving as high as 0.65135. The bullish breakout included a move above the 200-day moving average at 0.64587, signaling strong buying interest. However, momentum faded. Following the Fed…
EUR/JPY trades around the 164.00 zone after a modest pullback in Friday’s session. Broader bias remains bullish, with supportive trend indicators offsetting mixed momentum signals. Key support levels sit just below, while resistance aligns near recent highs. The EUR/JPY pair eased slightly on Friday, trading near the 164.00 zone after the European session, reflecting a modest pullback from recent…
