Author: FX
Gold surged to fresh record highs while the U.S. dollar tanked across the board following a weak CPI print and lingering trade tension with China. European stocks rallied hard on Trump’s tariff pause, but U.S. equities gave back some gains as yield spikes and inflation fears rattled sentiment. Here are major headlines and asset moves you may have missed in the last trading sessions: Headlines: U.K. RICS house price balance for March: 2.0% (10.0% forecast; 11.0% previous) Japan PPI for March: 4.2% y/y (4.2% forecast; 4.0% previous); 0.4% m/m (0.3% forecast; 0.0% previous) Australia Melbourne Institute consumer inflation expectations for…
USD/JPY recovers some lost ground to near 143.55 in Friday’s early Asian session. An escalating trade war and uncertainty boost the safe-haven demand, supporting the Japanese Yen. The hawkish stance of the BoJ contributes to the JPY’s upside. The USD/JPY pair holds losses near 143.55 during the Asian trading hours on Friday, pressured by the weaker US Dollar (USD). The uncertainty surrounding the tariff policy and the concerns over the global economic slowdown boosts encouraged investors to safe-haven currency like the Japanese Yen (JPY). US President Donald Trump said on Wednesday he would temporarily lower duties on dozens of countries but ramped up the tariff on…
The WPR Crossover MT4 Indicator combines the power of the Williams Percentage Range (WPR) with a crossover strategy to create a reliable tool for detecting market trends. The WPR is a momentum indicator that helps traders identify overbought or oversold conditions in the market, indicating potential price reversals. By using crossovers of the WPR line, traders can spot critical turning points in the market more accurately. The indicator works by tracking the movement of the WPR and observing when it crosses certain levels, such as the overbought or oversold zones. When a crossover happens in the right market conditions, it…
Indigenous groups rally in Brasilia to demand land rights Source link
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 Greenback plummeted to fresh lows amid persistent concerns over the US-China trade war and its potential impact on both the global and US economies.Here is what you need to know on Friday, April 11: The US Dollar Index (DXY) tumbled to new multi-month lows in the sub-101.00 region amid shrinking US yields across the curve. Producer Prices will be released, seconded by the advanced Michigan Consumer Sentiment and speeches by the Fed’s Musalem and Williams.EUR/USD advanced to new highs after breaking above the key 1.1200 round level. The final Inflation Rate in Germany and the Current Account prints are…
Just hours after our bearish trade setup was triggered, U.S. President Trump announced a 90-day pause on higher reciprocal tariffs for most trade partners, sparking a massive broad market risk-on move, including in NZD/JPY. This provided a valuable (and painful) lesson in market dynamics and risk management, as the position quickly hit its max stop after an unexpected policy announcement. Let’s examine what happened and what we can learn from this experience. 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…
USDCHF monthlyI can’t believe it’s been 10 years since the January 15, 2015 break of the EUR/CHF floor and all the drama around that. But in any case, USD/CHF is at its lowest since that fateful day. Excluding that brief period, its’ trading at the lowest since 2011.The is a rush into safe haven assets today with the Swiss franc leading the FX market. This looks like a recession trade and a bet on rate cuts and economic pain in light of the US tariff war.Technically, I imagine the break of the 2023 and 2024 lows is adding momentum to…
In last week’s update, we concluded for the S&P500 (SPX) There are no signs of a bear market. Even if there is one, history shows us that each Bear market Is a Major Buying Opportunity (BIMBO) for those with a time horizon longer than a few days to weeks. The SPX continues to follow a standard Fibonacci-based impulse pattern that began in March 2020, which we outlined several weeks ago. Fast forward to Monday, when the new 52-week lows spiked to 1152. However, the current seven-week correction sits at -19.1% based on a closing basis, and yesterday, the index already…
During his presidential campaign, Donald Trump promised to spark an economic boom and rekindle faith in the American dream. Such a goal sounds more than admirable for the country and the markets. Indeed, the S&P 500 and other indexes initially rallied, hoping this vision would become a reality. The U.S. dollar index also began the year strong, trading above the 110 level, marking its highest point since November 2022. But the closer we got to its execution, the clearer it became that it would not be so simple.As part of the measures being taken, on April 2, the U.S. president…