Author: FX
(Reuters) – Tesla (NASDAQ:) will raise prices of all its cars in Canada from Feb. 1, according to notices on its Canadian website, with Model 3 prices going up by as much as C$9,000 ($6,254.78). Model Y prices will increase up to C$4,000, while Model S and X will see increases of C$4,000, according to the website. ($1 = 1.4389 Canadian dollars) Source link
We’re seeing the first readings of Euro Area business conditions this year! What trends should you watch out for and how may EUR react amidst interest rate cut expectations for the European Central Bank (ECB)? We’re breaking down the points you need to know: 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 guides Access to exclusive MarketMilk™ sections Plus More! Source link
Missed gold’s breakout above a key resistance zone? This precious metal could still be in for a correction to the area of interest on the 4-hour time frame! Take a look at these potential support areas marked by the Fibonacci retracement tool. Gold (XAU/USD) 4-hour Forex Chart by TradingView Safe-haven flows have lifted gold past the strong resistance zone around the $2,700 mark, taking it all the way up to the next ceiling near R2 ($2,762.87) before pausing on its climb. Investors still seem pretty anxious about Trump’s first few days in office, as the newly sworn-in President has been…
After weeks of speculation, the BOJ is expected to raise its interest rates by 25 basis points this week. Will Gov. Ueda and his team deliver this time? More importantly, how could the Japanese yen react to the event? Here are points you need to know if you’re trading this week’s BOJ decision: 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 guides Access to exclusive MarketMilk™ sections Plus More! Source link
Markets rallied on Wednesday as Trump’s $500B AI initiative pushed the S&P 500 fresh record highs, while other traders positioned for the upcoming central bank events. How did the major assets react to yesterday’s headlines? We’re breaking down the info you need to know: Headlines: New Zealand Quarterly CPI growth rate for Q4 2024: 0.5% q/q as expected vs. 0.6% q/q previous Australia Westpac–Melbourne Institute Leading Index for December: 0.0% m/m (0.1% previous) Trump said his administration would “probably” stop buying oil from Venezuela Trump announced Stargate, a $500 billion private-sector AI infrastructure investment plan involving Oracle, Open AI and…
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…
Learning to trade Forex can feel overwhelming for beginners. The Forex market is the largest in the world, with $7.5 trillion traded daily. This article will explain basic concepts, key terms, and smart strategies to help you start regular trading confidently. Keep reading—it’s easier than you think! Key Takeaways The FX market trades $7.5 trillion daily, making it the largest in the world. Beginners trade currency pairs like EUR/USD or USD/JPY. Key terms include leverage (e.g., 50:1 lets $10 control $500), spread (ask-bid difference), and stop-loss orders to limit losses. Use demo accounts to practice trading before using real money.…
VSI and Gap Finder Forex Trading Strategy is an innovative approach that combines the power of volume analysis with the precision of price gap identification. This strategy leverages the Volume Spread Indicator (VSI) to interpret market sentiment and strength, while the Gap Finder pinpoints significant gaps in price action that often signal potential trading opportunities. Together, these tools form a cohesive system that empowers traders to make informed decisions in both trending and volatile market conditions. At the heart of the VSI and Gap Finder Forex Trading Strategy is the ability to decode market behavior with accuracy and confidence. The…
lyash01/iStock via Getty Images Liquefied natural gas producer Venture Global slashed the proposed range for its IPO on Wednesday, lowering the valuation it sought to ~$65B from the initial target of $110B at the top of the previous range. The company will market 70M Source link
With New Zealand’s Q4 CPI coming in slightly above expectations and Trump’s tariff threats creating market uncertainty, NZD/CHF may be setting up for an interesting move as we head into busy weeks ahead. 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 guides Access to exclusive MarketMilk™ sections Plus More! Source link