Author: FX
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…
Loonie weakens amid Trump tariff fears, BoC rate-cut uncertainty USD/CAD stays firm above 1.4200 as risk aversion lifts US Dollar. Canada’s rising inflation may delay BoC easing, adding uncertainty. Fed to pause its easing cycle amid rising inflation. The Canadian Dollar (CAD) retreats against the US Dollar on Wednesday, with the USD/CAD pair remaining afloat above the 1.4200 handle amid renewed fears about US President Donald Trump’s tariff threats. The lack of Canadian data left traders adrift to the release of the latest Federal Reserve (Fed) monetary policy meeting minutes, which maintained the “status quo” across the financial markets. The…
The Atlanta Fed GDPNow growth estimate for Q1 growth comes in at 2.3%, unchanged from the prior reading. In their own words:After this morning’s housing starts report from the US Census Bureau, the GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2025 is 2.3 percent on February 19, unchanged from February 14 after rounding.The next GDPNow update is Friday, February 28. Please see the “Release Dates” tab below for a list of upcoming releases. This article was written by Greg Michalowski at www.forexlive.com. Source link
The Minutes of the Fed’s January 28-29 policy meeting will be published on Wednesday. Details surrounding the discussions on the decision to keep policy settings unchanged will be scrutinized by investors. Markets see virtually no chance of a 25 bps Fed rate cut in March. The Minutes of the United States (US) Federal Reserve’s (Fed) January 28-29 monetary policy meeting will be published on Wednesday at 19:00 GMT. Policymakers decided to maintain the policy rate at the range of 4.25%-4.5% at the first meeting of 2025. However, the central bank removed earlier language suggesting inflation had “made progress” toward its…
Traders are very susceptible to “mental burnout” or the collapse of the mind due to overwork or stress. Mental burnout can be triggered many factors like overtrading, extreme market conditions, unrealistic expectations, and of course, losses. The first thing you must understand about mental burnout is that, typically, there is not one single event that can trigger it. It is a gradual process that happens over a long period of time. Burnout is also very broad as it doesn’t only affect one part of your life. It can manifest itself in school, at work, in your relationships, and sometimes even…
We are getting closer to a point where we pause or halt cuts.I think R* cannot be any reliable guide for monetary policy in real time.Restriction has come down significantly, up to a point where we can no longer say with confidence that our policy is still restrictive.Savings rate has started to come down.Domestic inflation is still high.Wage growth is still elevated.We’ve seen new shocks to energy prices. This article was written by Giuseppe Dellamotta at www.forexlive.com. Source link
Gold rallies higher for a third straight day in a row and hits a new all-time high on Wednesday. Overnight, US President Donald Trump lashed out at Ukraine and committed again to several tariffs. Technically, Tuesday’s daily close above $2,910 worked, boosting the Gold price to a fresh all-time high. Gold’s price (XAU/USD) extends this week’s bullish momentum and hits a fresh all-time high at above $2,945 during the European trading session on Wednesday. The up-move comes after United States (US) President Donald Trump’s harsh words on Ukraine overnight, just hours after first talks between the US and Russia officials…
Forex trading can be tough. Many traders struggle to find a good platform. MetaTrader 5 is a top choice for forex trading. It offers tools that make trading easier. This platform has features for both new and pro traders. Let’s explore MT5’s key benefits. Key Takeaways Metatrader 5 platform is a top forex platform with tools for new and pro traders. MT5 offers flexible trading with hedging and various order types. The platform has 38 indicators, 21 timeframes, and 44 analytical objects. Users can trade with Expert Advisors (EAs) for automated 24/7 trading. MT5 Platform works on desktop, web…
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 Reserve Bank of New Zealand (RBNZ) cut its Official Cash Rate (OCR) by 50 basis points to 3.75% in their February meeting as expected, marking its third consecutive substantial rate reduction as inflation remains contained and economic activity subdued. Key Takeaways: RBNZ reduced OCR by 50 basis points to 3.75%, extending its easing cycle Annual consumer price inflation at 2.2%, near the midpoint of 1-3% target band Economic activity remains subdued with significant spare capacity Bank signals potential for additional rate cuts through 2025 Decision reflects growing concerns about global trade uncertainty The central bank also indicated scope for…