Author: FX

The major US stock indices close the week with a four day when streak. Monday’s declines of over 2.5% were erased on Tuesday. The gains from Wednesday Thursday and Friday were icing on the cake.The NASDAQ index outpaced the other major indices with a gain of 6.73%..For the day, the NASDAQ rose 1.26%A snapshot of the final numbers shows: Dow industrial average rose 20.10 points or 0.05% at 40113.50.S&P index rose 40.44 points or 0.74% at 5525.21.NASDAQ index rose to 16.90 or 1.26% at 17382.94for the trading week: Dow industrial average rose 2.48%S&P index rose 4.59%NASDAQ index rose 6.73%Some of…

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 cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

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 cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

The earnings calendar heats up next week with the number of big-name releases including Coca-Cola, Pfizer, Starbucks, Microsoft, Meta, Amazon, Apple, McDonald’s, Exxon Mobil, and Chevron on scheduled to release. Below is the full list of some of the bigger names on the schedule.Monday, April 29Before Open:Domino’s Pizza (DPZ)MGM Resorts (MGM)After Close:Tuesday, April 30Before Open:SoFi (SOFI)PayPal (PYPL)UPSJetBlue (JBLU)Coca-Cola (KO)Pfizer (PFE)Royal Caribbean (RCL)Spotify (SPOT)Altria (MO)After Close:Visa (V)Starbucks (SBUX)Snap Inc. (SNAP)First Solar (FSLR)PPG Industries (PPG)Booking Holdings (BKNG)Wednesday, May 1Before Open:Humana (HUM)Caterpillar (CAT)Vulcan Materials (VMC)Western Digital (WDC)Generac (GNRC)International Paper (IP)Hess (HES)After Close:Microsoft (MSFT)Meta (META)Robinhood (HOOD)Qualcomm (QCOM)Thursday, May 2Before Open:Eli Lilly (LLY)Roblox (RBLX)CVS Health…

Gold fails to hold gains despite falling US Treasury yields and softer DXY.Trump’s refusal to lift China tariffs without concessions sours market mood.Traders brace for heavy US data week including GDP, ISM and Nonfarm Payrolls.Gold price made a U-turn and erased Thursday’s gains, falling below the $3,300 mark as the Greenback remained bid and Bullion failed to capitalize on falling US Treasury yields. A de-escalation of the trade war between the US and China sponsored a leg-down in the precious metal, which exchanged hands at $3,294, losing over 1.60%.Markets remain volatile as sentiment swings between risk-on and risk-off due to…

GBP/USD slips despite strong UK Retail Sales as USD dominance prevails The Pound Sterling registers losses against the strong US Dollar, yet it remains above 1.3300.  A strong UK Retail Sales report failed to underpin Cable, which registers losses of 0.20% as the GBP/USD trades at 1.3311.Read More… Pound Sterling gains on surprisingly positive UK Retail Sales data The Pound Sterling (GBP) bounces back against its major peers on Friday after the release of surprisingly positive UK Retail Sales data for March. The Office for National Statistics (ONS) has reported that retail sales, a key measure of consumer spending, rose…

Crude oil futures settled $63.02. That’s up $0.23 or 0.37%.For the trading week, the price fell -1.03%.. The high was at $64.83. The low was at $61.05. Last Friday the price closed at $63.68. This article was written by Greg Michalowski at www.forexlive.com. Source link

The US Dollar Index (DXY) rises near the 99.65 area as traders react to conflicting US-China trade signals.Hopes of tariff relief and Fed rate cuts lift sentiment despite China denying any current negotiations.Resistance is seen at 99.92 and 100.95 for the DXY with technical indicators painting a mixed-to-bearish picture.The US Dollar (USD) strengthens modestly on Friday as investors digest contradictory messaging from the United States and China regarding potential tariff negotiations. While President Donald Trump suggested dialogue is ongoing, Beijing explicitly denied any current talks. This divergence injected volatility into markets, though the Greenback maintained an edge, with the US…

US President Donald Trump said the US will be reasonable on tariffs, adding that markets are adjusting to tariff policy. He also said Iran’s situation is going well and floated a potential interim deal with Iran.Market’s reaction to Trump’s headlinesThe US Dollar Index (DXY), which tracks the performance of the American currency against a basket of six other currencies, edged up 0.29% at 99.57. US equity indices turned optimistic, with the S&P 500 up 0.60% at 5,523 and the Dow Jones Industrial Average (DJIA) pairing losses up 0.10% at 40,122. US-China Trade War FAQs Generally speaking, a trade war is…

China’s tariff exemption talks ease tensions but fail to spark full recovery.Trump’s “total victory” remark on tariffs shifts sentiment back to caution.UoM sentiment hits 52.2; inflation expectations surge to 6.5% for 2025.The Dow Jones Industrial Average (DJIA) registered losses of over 0.32% on Friday amid uncertainty over the trade war between the US and China. However, as news broke that China may exempt some US goods from tariffs, Beijing seemed to have de-escalated tensions.  This and a deterioration in US consumer sentiment kept the DJIA hovering near 40,000 instead of testing the current week’s highs.DJIA slips as mixed China signals…