Author: FX

Dua Lipa beats lawsuit claiming she copied 'Levitating' Source link

A report earlier today said Ontario “expects the US administration to significantly ease the impact of auto tariffs on Canada” in the future after Howard Lutnick called Ontario Premiere Doug Ford yesterday.Now, we have comments from Ford saying he spoke to Canadian Prime Minister Mark Carney and they agreed to delay counter tariffs until April 2.At the same time, Ford is saying he didn’t get any assurances from Lutnick but I imagine that comment is just him being diplomatic.Here’s a thought: All this is coming at the end of the quarter. You wonder if the Trump admin is trying to…

Mexican Peso drops nearly 1% as traders brace for Banxico’s rate cut and digest US trade shock. Trump enacts 25% tariffs on all auto imports, hitting major suppliers like Mexico and spooking EM currencies. USD/MXN surges to 20.36 as tariff fallout combines with looming 50 bps Banxico rate cut expectations. The Mexican Peso is feeling the pain of tariffs, depreciating for the second consecutive day against the US Dollar after US President Donald Trump signed an executive order to apply tariffs on auto imports from all countries. The USD/MXN trades at 20.28, up almost 1%. On Wednesday, Trump signed an…

Details:Advance Q4 GDP reading was +2.3%Second reading was +2.3%Q3 GDP was +2.8%Final sales 3.3% vs +3.2% second readingConsumer spending 4.0% vs +4.2% second readingInflation numbers:GDP deflator 2.3% vs +2.4% second readingCore PCE 2.6% vs +2.7% second readingPCE prices final 2.4% vs +2.4% second readingPCE service excluding energy and housing 3.5% vs 3.5% in second readingContributors and subtractors:Consumption: +2.70% vs +2.79% advanceGovernment: +0.52% vs +0.49% advanceNet International trade: +0.26% vs +0.12% advanceInventories: -0.84% vs -0.81% advanceThese are some small moves around the edges. This article was written by Adam Button at www.forexlive.com. Source link

The Pound Sterling gains to near 1.2925 against the US Dollar, while investors ignore fresh tariffs by US President Trump on auto imports. Fed Kashkari supports leaving interest rates at their current levels for an extended period. UK Reeves cuts welfare benefits and remains committed to her fiscal agenda. The Pound Sterling (GBP) trades higher against its major peers on Thursday. The British currency recovers most of Wednesday’s losses driven by a softer-than-expected United Kingdom (UK) Consumer Price Index (CPI) data for February and a reduction in welfare benefits announced by Chancellor Reeves in the Spring Statement. The UK CPI report showed…

Argentina's deadly rains more likely in a warming world, report says Source link

The RSIOMA MT4 Indicator is a powerful tool designed for traders using the MetaTrader 4 (MT4) platform. It combines the Relative Strength Index (RSI) with the Oscillator of Moving Average (OMA) to give traders a comprehensive understanding of market conditions. The RSI helps to identify whether an asset is overbought or oversold, while the OMA smooths out price data, revealing underlying trends more clearly. By merging these two indicators, the RSIOMA creates a more accurate and reliable tool for tracking price momentum. This combination allows traders to make more informed decisions when entering or exiting trades. How the RSIOMA Indicator…

But uncertainty is really high and geopolitics is the main cause of thatThe odds of a rate cut next month are at ~76% now. So far, policymakers are not decisively offering much to convince that they might hold off from cutting again. And Kazāks’ headline remark above exemplifies the narrative at the moment. This article was written by Justin Low at www.forexlive.com. Source link

Gold prices rose in Philippines on Thursday, according to data compiled by FXStreet. The price for Gold stood at 5,613.30 Philippine Pesos (PHP) per gram, up compared with the PHP 5,586.39 it cost on Wednesday. The price for Gold increased to PHP 65,472.48 per tola from PHP 65,158.58 per tola a day earlier. Unit measure Gold Price in PHP 1 Gram 5,613.30 10 Grams 56,133.00 Tola 65,472.48 Troy Ounce 174,587.00 FXStreet calculates Gold prices in Philippines by adapting international prices (USD/PHP) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the…

GBP/USD just turned lower from a major area of interest! Does this make the pair ready for a longer-term bearish reversal? Let’s get more clues from the daily time frame: GBP/USD Daily Forex Chart by TradingView In case you missed it, the U.K. just printed a cooler-than-expected CPI report in February. What’s more, the U.K.’s Office for Budget Responsibility (OBR) just halved its 2025 growth forecasts from 2.0% to 1.0% even as it raised its 2026 and 2027 growth estimates. Meanwhile, the U.S. dollar is making safe haven pips rain thanks to U.S. tariff uncertainties and a positive U.S. durable…