Author: FX

Mon: Eurogroup Meeting, Norwegian CPI (Feb), EZ Sentix Index (Mar), Japanese GDP (Q4)Tue: EIA STEOWed: 25% US tariff on all imports of steel and aluminium comes into effect, BoC Announcement, ECB Wage Tracker, OPEC MOMR, US CPI (Feb)Thu: IEA OMR, EU-South Africa summit, Swedish CPIF (Feb), EZ Industrial Production (Jan), US PPI (Feb)Fri: UK GDP Estimate (Jan), University of Michigan Prelim Survey (Mar)Norwegian CPI (Mon):January’s metrics came in a little hotter than forecast and while there is no newswire consensus for the February number, SEB looks for this to once again be the case with CPI-ATE seen at 2.9% Y/Y…

South Korea's impeached President Yoon leaves detention, trial continues Source link

Politics and diplomacy can be an amazing thing. Sometimes when you’re in the middle you can leverage both sides and get good deals with everyone. Other times, both sides use you as a punching bag.After getting beaten up by Canada’s ‘best friend’ all week in the USA, China decided to pile on over the weekend with tariffs on:Rapeseed (canola) — 100% tariffoilcakespeasaquatic productsporkThe tariffs go into effect on March 20.This is retaliation for Canadian tariffs on Chinese autos, steel and aluminum; which was something Canada did at the behest of the United States.Trudeau has salvaged some of his reputation by…

Are you lost in the world of forex trading? Many traders get confused by mixed signals and price swings. This confusion can lead to big losses and missed chances. The MTF Candles and I Exposure Forex Trading Strategy helps by using multi-time frame analysis and special candlestick patterns. It gives traders a clear view of the market, helping them make better choices and possibly win more. This strategy looks at different time frames to understand currency pairs better. It helps traders see both short-term and long-term trends. This way, they can spot the best times to buy or sell. It…

It was a jam-packed trading week as top-tier economic data, an ECB rate cut, escalating trade tensions, and Trump’s accusations of currency manipulation fueled volatility across FX markets. Source link

Another week, another set of tariffs updates! The start of higher U.S. tariffs on Canada and Mexico weighed heavily on the market mood early in the week, before Trump agreed to postpone some trade levies later on. But that wasn’t the only story in town with U.S. employment updates, bitcoin reserve questions, OPEC+ production expectations and more shaking up the usual correlations.  We’re detailing this week’s biggest moves and headlines below: 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…

Walmart ends Friday session down 3.1%. Executives are getting pushback from Chinese suppliers when asking for discounts. Trump paused most tariffs on Canada and Mexico this week but left in place those on China. NFP miss shows that labor market might be at outset of downturn.   The US stock market seesawed on Friday, pulling back in the morning session before advancing in the afternoon. The market continued its downward spiral at the release of US Nonfarm Payrolls (NFP) for February that came in below forecast but later recovered after a Federal Reserve (Fed) Governor seemed to be at ease…

AUD/JPY moved lower ahead of the Asian session, extending its losing streak to two days and trading near the 93.00 area. Selling momentum appears to be fading, with technical indicators suggesting that bulls might attempt a rebound or initiate sideways movement. The AUD/JPY pair experienced a second consecutive day of losses on Friday landing at around 93.30, as sellers maintained control and drove prices lower. Despite the bearish pressure, the downward momentum has shown signs of easing, hinting at a possible stabilization or even a near-term bounce. The Relative Strength Index (RSI) remains in negative territory but is only mildly…

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…

past two days in the SPXIt was another rollercoaster in North American equity markets. There were some fresh tariff threats and the market is continue to digest some of the tariffs from earlier in the week.That was met with some dip buying in chipmakers and some beaten-up names. The big turn came at noon ET as the S&P 500 climbed 100 points from the lows.Closing changes:S&P 500 +31 points or +0.55%Nasdaq Comp +0.7%DJIA +0.5%Russell 2000 +0.65%Toronto TSX Comp +0.7%The weekly numbers are more-humbling:S&P 500 -3.1%Nasdaq Comp -3.5%DJIA -2.4%Russell 2000 -4.0%Toronto TSX Comp -2.5%This is the third straigh week of losses…