The US and Canada agreed to pause the 25% tariff announced on Monday. A 10% tariff on Chinese goods took effect on Tuesday. Business activity in Canada’s manufacturing sector slowed in January. The USD/CAD outlook shows a sharp shift in sentiment that has boosted the Canadian dollar. A pause in Trump’s tariffs on Canada allowed

Despite easing North American trade tensions, uncertainty looms as Trump’s 10% tariff on Chinese imports is still scheduled to take effect today. Market sentiment remains fragile, with Trump hinting at upcoming talks with Beijing to potentially reconsider the duties. Weak Chinese Demand and OPEC’s Output Stability Add Pressure On the demand front, signs of slowing

The inauguration of Donald Trump as US President in January 2025 dominated financial markets, delivering both uncertainty and volatility. While equity markets and the US dollar surged following his election win in November, the early days of Trump’s second term have proven unpredictable, causing notable shifts in the foreign exchange (FX) landscape. Download our Global

Private equity firm CVC Capital Partners, via its CVC Asia Fund IV, has announced that it has entered into an agreement for the sale of Retail FX and CFDs broker OANDA Global Corporation to prop trading firm FTMO Group. The terms of the transaction, which is subject to customary regulatory approvals, were not disclosed. We

January 2024 has seen continued volatility in the forex markets. The US dollar was somewhat mixed, showing some weakness later in the month. The Federal Reserve kept rates on hold, and said it is not in a hurry to lower rates. After declining in the early part of the month, the euro clawed back its

The dollar index opened with gap-higher on Monday (up 1.1%), lifted by threats of trade war after US President Donald Trump imposed tariffs on imports from Canada, Mexico and China. Two top US trading partners, Canada and Mexico immediately announced the counter measures, while China will look for assistance from World Trade Organization. Although the

Key Events to Watch: Trade war tensions rise ahead of NFP week Markets revisit Deepseek drawdown levels EUR/USD drops back to 1.02 Gold’s haven demand questioned after a 30-point selloff on Monday US Dollar Index: 3-Day Time Frame – Log Scale Source: Tradingview The US Dollar Index surged as trade war inflation risks intensified, with

Trump announced heavy tariffs on Canada, Mexico, and China starting Feb 4th. Traders slashed expectations for Fed rate cuts this year. Market participants are looking forward to a BoE rate cut this week. The GBP/USD forecast shows a surging dollar after Trump announced tariffs that will likely cause trade wars. On the other hand, the

Global markets kicked off February under heavy strain as US President Donald Trump’s long-anticipated tariffs on Canada, Mexico, and China came into full effect. Investor sentiment turned sharply negative, with Japan’s Nikkei tumbling over 1,000 points in response. Dollar opened the week with a strong gap higher and maintained solid gains throughout Asian session. Commodity-linked

Created on February 02, 2025 WTI Crude Oil traders may show nervousness quickly on Monday depending on the mindset and actions of larger players in the energy sector, as they try to navigate the coming tariffs from the U.S White House on Canada and Mexico. Both Canada and Mexico supply plenty of energy to the

Before we get to this week’s FX and CFDs industry top news stories, and with the first month of 2025 now in the books, we’re pleased to report that FNG had yet another record month of visitors and pageviews (and social media engagement, and email subscribers…) in January 2025. Driving our growth has been consistently

The meme coin has lost 33% on the weekly chart and is now 70% below its all-time high of 75. Daily trading volume surged by 65% to 3.4 billion as investors rushed to sell. Derivatives data from Coinglass reveals a 13% drop in open interest to 720 million, with 15 million in liquidations, including 11