Author: FX
Ford Motor is taking a major step back from its electric-vehicle ambitions, announcing roughly US$19.5 billion in charges largely tied to its loss-making EV operations, as the automaker pivots toward hybrids, extended-range vehicles and conventional gasoline models amid weakening EV demand. The Wall Street Journal with the info. In brief:The impairment is among the largest ever recorded by a U.S. industrial company and represents the clearest acknowledgment yet from Detroit that the transition to fully electric vehicles will take longer and be less profitable than previously expected. Ford has lost around US$13 billion on its EV business since 2023, underscoring…
The Heiken Ashi Zone Trade MT4 Indicator is designed to tackle this challenge. By smoothing price action and clearly highlighting trend zones, it allows traders to spot potential trade opportunities quickly and with more confidence. In this article, you’ll discover how this powerful tool can simplify your trading and improve your market decisions. Understanding the Heiken Ashi Zone Trade Indicator The Heiken Ashi Zone Trade MT4 Indicator uses a modified version of traditional Heiken Ashi candlesticks. Unlike standard candlesticks, it filters out market noise, making trends easier to identify. The indicator visually separates bullish and bearish zones with color-coded areas,…
Gold price (XAU/USD) extends its upside to around $4,305, the highest since October 21, during the early Asian trading hours on Tuesday. The precious metal edges higher on further US Federal Reserve (Fed) cut bets. The US Nonfarm Payrolls (NFP) report will take center stage later on Tuesday. Also, the US Retail Sales and Purchasing Managers Index (PMI) will be published. The US Fed implemented its third cut of the year last week and signaled an additional rate reduction next year, supporting the yellow metal. Lower interest rates could reduce the opportunity cost of holding Gold, supporting the non-yielding precious metal.According to the Summary of Economic…
Ford retreats from EVs, takes $19.5 billion charge as Trump policies grip industry Source link
Markets traded defensively on Monday as disappointing Chinese economic data and renewed central bank policy uncertainty weighed on risk appetite, while the Japanese yen strengthened ahead of this week’s Bank of Japan decision. Gold emerged as the session’s standout performer, gaining ground amid broader market caution, while bitcoin extended its recent slide deeper into bear market territory and oil prices tumbled on oversupply concerns. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: New Zealand Services Index for November 2025: 46.9 (49.3 forecast; 48.7 previous) RBNZ Governor…
If you followed the Barron’s playbook last year, you’re probably sitting pretty right now.The publication has just released their scorecard for their 2025 stock picks, and the results are good. In a market environment that had plenty of chop, their basket of 10 stocks delivered a total return of 27.9%, nearly doubling the S&P 500’s respectable 15.3% return over the same period.Here is the breakdown of how their 10 picks in 2025 performed and, more importantly, where they are betting for 2026.Big Tech and China led the way in 2025The outperformance was driven by massive moves in heavy hitters. The…
Cryptocurrency investment products reported inflows of $864 million last week, marking a third consecutive week of modest inflows as investor confidence continued to gradually improve. Total assets under management stood at about $180 billion, remaining well below the sector’s all-time high of $264 Source link
GBP/USD nears 1.3400 as traders brace for BoE cutGBP/USD advances during the North American session up 0.28% amid a scarce economic docket but following the Federal Reserve’s last week’s monetary policy decision, in which the central bank hinted a possible pause loom. The pair trades at around 1.3400 as traders brace for the Bank of England (BoE) decision, this week. Read More…Pound Sterling trades stably ahead of UK data, BoE decisionThe Pound Sterling (GBP) starts the Bank of England’s (BoE) monetary policy week on a cautious note against its major peers. However, the British currency braces for volatility and might face selling…
The FOMC lowered interest rates by 0.25% as expected in their December announcement, with this decision reached through a 9-3 voting split. Which USD strategies moved beyond the watchlist stage, and how did shifting overall market sentiment impact the outcomes? This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus More! Source link
Gold prices are exhibiting renewed bullish momentum, once again testing major resistance zones and approaching record highs. As price action intensifies, understanding the key technical levels defining this structure is essential for navigating potential breakouts or rejections.Watch my latest technical analysis breakdown below for a detailed look at the current price structure, the crucial support and resistance zones, and the scenarios traders should be watching right now.Gold Technical Analysis Video (Above) ExplainedKey takeaways for gold traders and investors who prefer to read rather than to watch :)Gold futures remain in a well-defined bullish channel on the four-hour timeframe.Repeated higher lows…