Author: FX
FTC will appeal ruling in Meta antitrust case over Instagram, WhatsApp deals Source link
Shares of Nvidia are down 3.8% as the Nasdaq falls to the lows of the day. The index is down nearly 2% as some of its largest members come under pressure:AVGO -5.1%AMZN -3.3%TSLA -3.0%META -2.3%GOOG -1.7%Some of the selling is in anticipation of Trump’s press conference today. It’s running late but the fear is that he will say something inflammatory. The comments from some quarters in Europe also suggest that they’re willing to draw a line, including fighting back on tariffs. That can all change quickly but there is some angst out there.It would be unfair to put it all…
USD/JPY trades around 157.90 on Tuesday at the time of writing, down 0.10% on the day, as the US Dollar (USD) comes under renewed pressure from political and trade-related headwinds. The pair retreats, weighed down by broad-based weakness in the Greenback against major currencies.The decline in the US Dollar is driven by escalating tensions between the United States (US) and the European Union (EU) over Greenland’s sovereignty. Repeated tariff threats from US President Donald Trump against several European countries and the United Kingdom (UK) have fueled uncertainty over the future of transatlantic relations. This backdrop weighs on demand for US…
Here is what I wrote at the start of the year:The number one risk I see in the foreign exchange market in 2026 is Japan. The yen has been struggling for the past six months and it’s close to a boiling point in Tokyo. There were some stronger warnings about FX intervention late in December. Japan is the most-indebted major economy in the world and the demographics are terrible. The US is leaving a lot of uncertainty around its alliance with Japan and China is eating its lunch in manufacturing. There is something of ‘boy who cried wolf’ situation around…
Gold (XAU/USD) hits yet another record high on Tuesday, climbing above the $4,700 psychological mark as rising geopolitical tensions drive strong safe-haven demand. At the time of writing, XAU/USD trades around $4,730, up nearly 1.25% for the day.Market sentiment remains fragile as renewed US-EU trade tensions dominate headlines. Over the weekend, US President Donald Trump threatened fresh tariffs on eight European nations over the Greenland issue.European leaders sharply criticized the move and warned that countermeasures are being prepared if the tariffs are implemented.The developments have revived fears of a broader transatlantic trade war. The risk-off mood is weighing on global…
iQIYI (IQ) has announced that Jun Wang has resigned from his position as chief financial officer, effective today, due to personal reasons Concurrently, Ying Zeng, senior vice president of finance, has been appointed as the interim chief financial officer of the company. Source link
What Trump is threatening on Greenland is very different than the other trade dealsThe worst thing other countries can do is to escalate trade tensions against the USWe’ll see a strong economy this yearUS to have real GDP growth of around 4% to 5%Fed chair announcement could be as early as next weekThere are four candidates for the Fed chair presentlyThey look to be doubling down on the rhetoric here and it remains to be seen if they will be open to any talks on the sidelines in Davos. Trump earlier posted about a text message sent by French president…
The VWMA MT5 Indicator offers a solution by weighting price movement with volume, helping traders see more reliable trend signals. By using this tool, traders can gain clarity, make smarter decisions, and improve their trading performance. Understanding VWMA MT5 The VWMA MT5 Indicator, or Volume Weighted Moving Average, is designed for MetaTrader 5 users who want a more precise view of market trends. Unlike a regular moving average, which treats each price equally, the VWMA gives more weight to periods with higher trading volume. This makes it easier to identify trends that are supported by strong market activity rather than…
The Indian Rupee (INR) extends its losing streak for the fourth trading day against the US Dollar (USD) on Tuesday. The USD/INR pair trades close to its all-time high of 91.55, even as the US Dollar is broadly under pressure due to escalating disputes between the United States (US) and the Eurozone over Greenland’s future.USD/INR continues to extend its advance due to sustained US Dollar demand by Indian importers. According to a report from Reuters, strong dollar demand by Indian importers has been a major driving force for the USD/INR pair.The demand for US Dollars by Indian importers remains firm…
You know what’s worse than your mother-in-law “hijacking” your wedding? Missing a potential trend continuation pattern! That’s right, EUR/JPY looks ready to extend a longer-term trend after pulling back last week! Here’s what we’re seeing on the 4-hour time frame: EUR/JPY 4-hour Forex Chart by TradingView The euro had a mixed start to the week, gaining ground against relatively weaker currencies like the U.S. dollar and Japanese yen, but losing ground to the Swiss franc and commodity-related currencies as traders priced in higher commodity prices. The Japanese yen, meanwhile, was the weakest major currency on Monday as markets reacted to…