Author: FX
Trump says U.S. carries out airstrikes on Islamic State in Somalia Source link
CTV reports that Canada was notified earlier today that the US will place 25% tariffs on Canada and Mexico while China will be hit with 10% tariffs. Canadian energy will be tariffed at 10%.The tariffs will take effect on Tuesday and will stay in place until the fentanyl overdose “issue is sorted”.Canada’s cabinet is set to meet at 3 pm ET with a response set to be announced at 6 pm ET.Meanwhile, on January 29 Mexican President Claudia Sheinbaum said “We don’t think it will happen,” in regards to tariffs.So far, Trump hasn’t said anything live or on social media…
Six out of 22 S&P 500 energy companies reported quarterly results this week, of which five delivered an earnings beat, while only one, Chevron (CVX), reported a miss. Four of the reporting companies exceeded revenue consensus, while one trailed expectation. Below Source link
Exclusive-U.S. wants Ukraine to hold elections following a ceasefire, says Trump envoy Source link
UPCOMING EVENTS:Monday: BoJ Summary of Opinions, Australia Retail Sales, China Caixin Manufacturing PMI, Switzerland Manufacturing PMI, Eurozone Flash CPI, Canada Manufacturing PMI, US ISM Manufacturing PMI.Tuesday: US Job Openings, New Zealand Employment report.Wednesday: Japan Average Cash Earnings, China Caixin Services PMI, Eurozone PPI, US ADP, Canada Services PMI, US ISM Services PMI.Thursday: Switzerland Unemployment Rate, Eurozone Retail Sales, BoE Policy Decision, US Jobless Claims.Friday: Canada Employment report, US NFP, US University of Michigan Consumer Sentiment. MondayThe Eurozone CPI Y/Y is expected at 2.4% vs. 2.4% prior, while the Core CPI Y/Y is seen at 2.6% vs. 2.7% prior. The inflation…
Trump's Pentagon says it will 'rotate' out some media from offices Source link
Shionogi targets JPY550B revenue through QOL focus and global expansion Source link
Forex traders often struggle to spot market trends. Moving averages help solve this problem. They smooth out price data to show clear trends. This post will teach you how to use moving averages for forex trend analysis. Get ready to boost your trading skills. Key Takeaways Moving averages smooth out price data to show clear forex market trends. Simple Moving Average (SMA) and Exponential Moving Average (EMA) are two main types used in forex trading. Traders use moving average crossovers, MACD, and ribbon strategies to spot trend changes and make trade decisions. MACD uses 26-period and 12-period EMAs, with a…
The Schaff Trend Cycle and Volume Average Forex Trading Strategy is a powerful approach that combines trend identification with volume confirmation to deliver precise trading signals. In Forex trading, understanding not only the direction of the trend but also the strength behind it is crucial for making informed decisions. The Schaff Trend Cycle (STC) excels at detecting market cycles with improved speed and accuracy, while the Volume Average indicator confirms whether these price movements are backed by sufficient market participation. Together, these tools form a well-rounded strategy that enhances a trader’s ability to spot high-probability trade setups. The Schaff Trend…
It was a busy trading week filled with a bunch of major central bank decisions and top-tier inflation data that influenced policy expectations. Read on to find out which headlines pushed major currencies around. Source link