Author: FX
US President Donald Trump said over the weekend that the US will impose an additional 10% tariff on Chinese imports starting Tuesday, compounding the initial 10% rate that took effect last month. Trump also said on Thursday that he intended to move forward with threatened 25% tariffs on imports from Canada and Mexico, which are set to come into effect on March 4. Market reaction At the time of writing, the AUD/USD pair is trading around 0.6215, up 0.15% on the day. Tariffs FAQs Tariffs are customs duties levied on certain merchandise imports or a category of products. Tariffs are designed to…
Andrew Cuomo running for New York City mayor after resigning governor post Source link
Bitcoin up 6.06% at $89,359 Source link
Exclusive-Germany weighs special funds for defence and infrastructure, sources say Source link
UPCOMING EVENTS:Monday: China Caixin Manufacturing PMI, Switzerland Manufacturing PMI, Eurozone Flash CPI, Canada Manufacturing PMI, US ISM Manufacturing PMI.Tuesday: Eurozone Unemployment Rate, Canada-Mexico-China Tariffs Deadline, Trump Congress Speech.Wednesday: China Two-Sessions, Australia Q4 GDP, China Caixin Services PMI, Switzerland CPI, Eurozone PPI, US ADP, Canada Services PMI, US ISM Services PMI.Thursday: China Two-Sessions, Switzerland Unemployment Rate, Eurozone Retail Sales, ECB Policy Announcement, US Jobless Claims.Friday: Canada Employment Report, US Non-Farm Payrolls.MondayThe Eurozone CPI Y/Y is expected at 2.3% vs. 2.5% prior, while the Core CPI Y/Y is seen at 2.6% vs. 2.7% prior. There’s some risk aversion in the markets, so…
Is PayPal Stock a Buy? Swing Trade Setup for PYPL Amid Oversold ConditionsIs PayPal Stock a Buy or Sell? Market Context and Trade SetupPayPal Holdings, Inc. (NASDAQ: PYPL) has recently seen a significant decline, pushing it into oversold territory based on technical indicators. With the stock approaching a key support level, swing traders are evaluating whether PayPal stock is a buy at these levels or if further downside risk remains.PYPL continues its red but we look at this tactical LongAt the time of writing, PayPal stock is trading at $71.05 (the close of last week), a staggering 77% lower than…
Pope Francis had peaceful night in hospital, is resting, Vatican says Source link
Feeling lost in the world of forex trading? Many beginners find forex charts hard to understand. The data and chart types can be too much, leading to mistakes. But, learning to read charts can help you feel more confident in the forex market. Price charts are key for looking at currency pairs and finding good opportunities. They show market activity, helping you see trends and where to buy or sell. With the right skills, you can read these charts well and make better trading choices. Key Takeaways Forex charts visually represent currency pair price movements over time Understanding chart types…
Are you having trouble understanding forex market trends? Feeling lost in the price changes? You’re not alone. Many traders struggle every day. The market’s constant noise can confuse you, leading to big mistakes. But there’s a powerful tool to help: moving average analysis. This technical indicator clears the confusion, showing clear trends. It gives you a strong base for your trading choices. Moving averages make price data clearer, showing market direction. They’re flexible, fitting many trading styles and timeframes. Learning moving average analysis gives you a big advantage in forex trading. It helps you spot trends early and make better…
US judge declares Trump's firing of watchdog agency head illegal Source link