Author: FX

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…

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…

Australian Dollar weakens as disappointing US labor data increases risk-off sentiment. US NFP report came in below forecasts, while wages slowed, raising concerns over economic resilience. China’s trade data revealed weaker imports, amplifying pressure on the Aussie. Technical indicators suggest increasing downside risk as AUD/USD approaches key support levels. The Australian Dollar extended losses on Friday against the USD after the release of the US Nonfarm Payrolls (NFP) report. The AUD/USD pair struggled to recover as risk sentiment deteriorated with traders reacting to weaker-than-expected job growth and softer wage gains. Meanwhile, China’s trade balance data showed an unexpected drop in…

US Nonfarm Payrolls show steady job growth, but Fed remains in no rush to cut rates. Powell reiterates that inflation path will be “bumpy,” keeping policy steady for now. PBoC adds 10 tonnes of Gold in early 2025, while Poland’s NBP purchases 29 tonnes. Gold prices fell on Friday as the Greenback trims some of its losses and US Treasury bond yields recover following the release of a US jobs market report. At the time of writing, the XAU/USD trades at $2,907, down 0.11%. The US Bureau of Labor Statistics (BLS) released the February Nonfarm Payrolls (NFP) report, which showed…

As the trading week, comes to a close the USD is ending with sharply lower levels:EURUSD. The EURUSD is up 466 pips or -4.49% vs the USD in the trading week. That is the largest % move going back to March 2009USDJPY: The USDJPY fell -255 pips or -1.70% vs. the USD this week.GBPUSD: The GBPUSD is currently up 342 pips or -2.71% vs the USD. The % change is the largest move since November 2022.USDCHF: The USDCHF is down -224 pips or -2.48% vs the USD. The % change is the largest since July 29, 2024 week.USDCAD: The USDCAD…

DXY plunges further, losing over 3.5% this week. February’s Nonfarm Payrolls miss expectations and the unemployment rate rises. Fed officials signal multiple rate cuts in 2025, fueling more USD weakness. Tariff uncertainty continues as President Trump hints at new Canada levies. The US Dollar Index (DXY) extends its brutal slide on Friday, heading for its worst weekly performance in over a year as traders accelerate the selloff ahead of the February employment report. The Greenback is now in freefall, with expectations of multiple Fed rate cuts and growing economic uncertainty driving capital outflows. Meanwhile, tariff-related volatility continues, with United States…