Author: FX

The coast was clear in terms of top-tier economic reports, but financial markets still whipsawed as Trump imposed then reversed tariffs on Canadian steel and aluminum products. Commodities and crypto were able to sustain their rallies, but U.S. equity indices failed to make it back in the green by the end of the day. Here’s a breakdown of the latest headlines in the past trading sessions: Headlines: Japan Machine Tool Orders y/y for February 2025: 3.5% y/y (3.5% y/y forecast; 4.7% y/y previous) Australia NAB Business Confidence for February 2025: -1.0 (6.0 forecast; 4.0 previous) In a high-level meeting in…

USD/CAD is testing a long-term range resistance that could draw in selling pressure for the pair. Thinking of selling the U.S. dollar in favor of the Loonie? Here’s a possible setup on the 4-hour time frame! USD/CAD 4-hour Forex Chart by TradingView In the latest episode of W̶h̶i̶t̶e̶ (̶H̶o̶u̶s̶e̶)̶ L̶o̶t̶u̶s̶ the U.S. – Canada trade drama, Ontario agreed to suspend a 25% surcharge on electricity imports into the U.S. In exchange, Trump is considering pulling back on his plan to double tariffs on Canadian goods. Ontario Premier Doug Ford and U.S. Commerce Secretary Howard Lutnick are also set to meet Thursday…

Nissan agrees to a JPY 16,500 average monthly wage increase for 2025.This compares with the 18,000 asked by the union.-The Bank of Japan is eyeing wage agreements, looking for wage rises to drive consumption and inflation. there is a niggle though, as I posted earlier on wage negotiations:Japan’s Major Firms to Offer Strong Wage Hikes for Third Year This article was written by Eamonn Sheridan at www.forexlive.com. Source link

Are you tired of watching your forex profits vanish due to sudden market shifts? Unpredictable currency fluctuations can wipe out hard-earned gains in seconds. But don’t panic! Forex hedging offers a lifeline for traders seeking to shield their investments from market volatility. By implementing smart risk management techniques, you can safeguard your trades and sleep easier at night. Let’s explore how hedging strategies in forex can be your secret weapon for trading success. Key Takeaways Forex hedging acts as insurance for your trades. Hedging strategies reduce financial impacts from market swings. Both direct and options-based hedging cut portfolio volatility. Hedging…

Bank of Japan Governor Kazuo Ueda said early Wednesday that it is natural for long-term rates to shift in line with the market view on the outlook for short-term policy rates.  Key quotes Market determines long-term rates.No big difference in our view and that of markets when asked about recent long-term rate increases.Long-term rate shifts reflect market views on economic, price trends and global rate adjustments.It is true that long-term rates have been rising as a trend since last year.Long-term rates have been rising as a trend since last year.Increase in extended rates is likely to elevate funding costs for government finances.…

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…

DXY plunges as US-Canada trade dispute escalates. US equities retreat, Dow Jones down over 1%. DXY dips below 103.50, with markets eyeing further downside. The US Dollar (DXY) continues its downward spiral on Tuesday, with DXY hovering near 103.40 as trade tensions escalate. United States (US) President Donald Trump’s decision to hike tariffs on Canadian steel and aluminum to 50% rattled markets, adding further pressure on the Greenback. Meanwhile, in Europe, Germany’s Green coalition voiced support for a defense spending bill, providing an additional boost to the Euro (EUR). US equities erased earlier gains, with the Dow Jones down over…

Last week we revised up our EUR/USD forecasts significantly mostly on the back of the will of the German coalition-in-waiting to change the country’s debt brake and unleash a substantial amount of fiscal spending, Rabobank’s FX analyst Jane Foley notes.  Investors switch their focus to US growth risks “That said, we have been of the view that following the recent shift higher in EUR/USD there would be scope for pullbacks, or at least a period of consolidation. So far, there are no convincing signs of pullbacks which is suggestive of the strength of the buying momentum behind the EUR’s uptrend.…

narvikkStock index futures appeared to right the ship somewhat on Tuesday, after Wall Street’s worst session since December 2024. In a matter of weeks, U.S. stocks have gone from record highs to multi-month lows. Mixed economic data and a trade war sparked by Source link

US cuts force UN rights office to shut some work, including for Iraq torture victims Source link