Author: FX
Popular Inc. Q2 2025 slides: Net income jumps 18%, EPS up 21% amid margin expansion Source link
The AUDUSD fell sharply today amid renewed concerns over deteriorating U.S.–China relations. China, which controls the global supply of many rare earth minerals critical for defense and technology production, appears to be leveraging that position as a bargaining chip in the escalating trade standoff. The market mood turned risk-off early in the session as traders questioned whether tensions might intensify — or when they might be resolved — sending both stocks and the AUDUSD lower.As the U.S. equity indices rebounded from session lows, AUDUSD also staged a recovery, climbing back toward a key swing area near 0.6481. That level now…
If you’ve been trading lately, you probably saw the markets flip from cautious optimism to full-on panic in record time. So what lit the fuse this time? If you guessed a central bank announcement or a big economic report miss, not quite. This time, it was a single, long social media post from the U.S. President that sent traders scrambling for cover. Trump’s post — and the wild reaction that followed — just goes to show how social media has become an official, high-octane driver of global financial markets. It’s fast, emotional, and capable of moving billions before traders even…
On Monday, October 13th 2025, the Invesco QQQ ETF made a resilient effort to recover back towards $603 after creating a gap up from the $590’s. As we open the markets today, the premarket tells a completely different story; we are expected to once again, create a gap – this time back down – towards the previous gap created at $593.24 – $597.23. As ironic as this can be, this can be somewhat confusing for traders: “So are we bullish or not? Yesterday’s weekly open gap surely is a bullish one… right?” Let’s dive into the technicals and fundamental factors…
Health Savings Accounts administrator HealthEquity (NASDAQ:HQY) launched a telehealth platform on Tuesday to connect HSA members with affordable GLP-1 weight loss drugs. As part of the offering developed with licensed telehealth provider Agile Telehealth, patients and their families will be able to Source link
European trade commissioner, Maros Sefcovic, said that G7 finance ministers are arranging for a video call “pretty soon” to discuss the matter with it being a “critical concern”. Sefcovic also mentioned that he will discuss the issue with US commerce secretary, Howard Lutnick, and will speak to his Chinese counterpart as early as next week.Meanwhile, Danish foreign minister Lars Rasmussen said that they could possibly look to team up with the US to turn the tables on China:”We also need to be realistic. This is actually an area of common interest with our friends in the U.S. If we stick…
EUR/JPY extends its losing streak for the fourth consecutive session, trading around 175.60 during the European hours on Tuesday. The technical analysis of the daily chart indicates a potential for a bearish shift as the currency cross is positioned below the ascending channel pattern.Additionally, the short-term price momentum is weaker as the EUR/JPY cross has moved below the nine-day Exponential Moving Average (EMA). However, the 14-day Relative Strength Index (RSI) is still positioned above the 50 mark, suggesting that bullish bias is in play. Further movements will likely offer a clear directional trend.On the downside, the EUR/JPY cross may navigate…
Trend traders huddle up! EUR/GBP is hanging around a key support area that could be a pretty decent spot to jump in on the pair’s uptrend. Here’s what we’re seeing on the 4-hour time frame! EUR/GBP 4-hour Forex Chart by TradingView The euro didn’t get much love in previous trading sessions as the U.S. dollar bounced back after Trump’s more conciliatory comments on China’s tariffs. Meanwhile, Sterling rode the wave of broad risk rallies and got an extra boost after Bank of England (BOE) member Greene hinted the Bank might keep rates steady through 2026 to manage rising inflation risks.…
The US stock market was open yesterday but the bond market was closed. And with it being a major holiday, it definitely sapped a lot of the liquidity conditions and market appetite. So, think of today as being the return from the long weekend and where the week officially begins.Wall Street kept active with US indices bouncing back a fair bit after the Friday drop. US-China trade tensions remain the key driver at the moment, with investors pretty much settled on how they think the Fed will move at the end of this month.The S&P 500 clawed back losses with…
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a flat note near 99.25 during the early Asian session on Tuesday. The DXY holds steady as US President Donald Trump’s watered-down rhetoric against tariffs on China. The Federal Reserve’s (Fed) Chair Jerome Powell speech will be in the spotlight later on Tuesday. On Friday, Trump threatened China with 100% tariffs beginning on November 1. However, he tempered his tone on Sunday, saying, “Don’t worry about China, it will all be fine.” US Treasury Secretary Scott Bessent stated on…