Author: FX

Greg posted this news, not be to be missed (in case you did):China: US undermines consensus reached in Geneva talks.This was in response to the US Commerce Department saying use of Huawei’s Ascend AI chips violates the governments export controls.Keeping a lid on tariffs is in the interest of both the US and China, so I imagine this’ll get sorted out. Could get ugly if not though. This article was written by Eamonn Sheridan at www.forexlive.com. Source link

Moody’s downgrades US credit rating, fueling USD weakness.Trump announces Russia-Ukraine ceasefire negotiations.New Zealand inflation expectations rise, but rate cut still expected.The NZD/USD pair is climbing at the start of the week, trading around the 0.5900 level after President Donald Trump claimed credit for restarting Russia-Ukraine peace talks. While Trump’s announcement eased geopolitical tensions, the US Dollar remains pressured near 100.30, following a downgrade by Moody’s from AAA to AA1, citing concerns over US fiscal deterioration. This renewed pressure on the Greenback has supported the Kiwi, which also draws strength from rising New Zealand inflation expectations.US President Donald Trump declared via…

Based on the recent Premium Watchlist Recap from May 13, 2025, let’s examine three different trading approaches to the GBP/AUD movement following Australia’s April employment report. Each case study represents a different risk tolerance level with practical lessons for traders at all experience levels. 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

The Kremlin is out with its accessment of the phone call between Putin and Trump: Putin and Trump both said they favoured normalisation of U.S.-Russia relationsPutin and Trump discussed a possible Russia-U.S. prisoner swapPutin and Trump discussed exchanging nine Russian and nine U.S. prisonersTrump spoke quite emotionally about prospects for ties with Russia, wants them to be mutually beneficialTrump said there were impressive prospects for Russia-U.S. ties after Ukraine conflict is settledTrump said U.S. sees Russia as one of most important trade and economic partnersTrump and Putin agreed to continue dialogue on all issues, intend to agree a personal meeting…

EUR/USD trades near the 1.13 zone on Monday after a sharp intraday rise.The pair maintains a bullish bias despite mixed short-term signals.Key support is clustered below 1.1230, with resistance near 1.1280.The EUR/USD pair is trading near the 1.13 zone on Monday, reflecting a strong intraday recovery as the market gains momentum after the European session. Despite the sharp upside move, the broader technical outlook presents a mixed picture, with conflicting signals across different timeframes. Short-term indicators suggest potential pullbacks, while the longer-term trend remains firmly bullish, providing a cautiously optimistic backdrop for the pair.The daily technical setup reflects a complex,…

New York Fed president John Williams is speaking to the Mortgage Bankers Association in New York City. Williams is a permanent voting member on the Federal Reserve Board:Recent economic data has been very good.Labor market is pretty much in balanceFirst quarter growth was unusual trade issues Inflation has been coming down slowly and gradually.Keyword for economy is uncertainty.Monetary policy is in a good place.Fed rate policy is well-positioned. It is slightly restrictive.Some forward-looking indicators are signaling concern.Trade is particular point of uncertainty.Many firms and households are in a wait-and-see modeFed has a ways to go in shrinking its balance sheetBalance…

World Health Organization looks ahead to life without the US Source link

Euro (EUR) is expected to trade with an upward bias; any advance is likely limited to a test of 1.1225. In the longer run, EUR is likely to consolidate between 1.1100 and 1.1290 for the time being, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. EUR is also expected to trade with an upward bias24-HOUR VIEW: “When EUR was at 1.1190 in the early Asian trade last Friday, we expected it to ‘continue to range trade, likely between 1.1145 and 1.1235.’ However, EUR traded in a lower range than expected, dropping from 1.1219 to 1.1129 and then…

CAD/CHF looks set to extend a months-long downtrend! With CHF scoring 6.8/10 versus CAD’s 6.5/10 in this week’s FX Fundies Cheat Sheet, and technical patterns showing a potential resistance rejection, CAD/CHF appears positioned for further downside as markets navigate the uncertain landscape of trade negotiations and shifting risk sentiment. Here’s what we’re seeing on the 4-hour time frame: CAD/CHF 4-hour Forex Chart by TradingView The Swiss franc remains firm as a go-to safe haven amid ongoing global trade and economic uncertainty. It also continues to attract investors looking for alternatives to the US dollar, especially as markets reassess US deficit…

What Price Will Bitcoin Hit in May? Polymarket Bets Provide InsightBitcoin Price Prediction for End of May 2025As investors and traders navigate the volatile crypto market, many ask, “What price will Bitcoin hit in May?” Prediction markets such as Polymarket have gained popularity by offering speculative insight through aggregated bets, potentially indicating the market’s collective sentiment.Currently, Polymarket’s betting data for Bitcoin’s price by the end of May shows significant predictions:Below $80k: 2% probability$85k: 5% probability$90k: 11% probability$110k: 38% probability (highest probability)$115k: 15% probability$125k: 2% probability$150k: 1% probability$200k: less than 1% probabilityInterestingly, the strongest sentiment among bettors anticipates Bitcoin will reach…