Household spending in Australia rose in December. Market participants are pricing the first RBA rate cut in February. Canada and Mexico agreed to the demands of the Trump administration, leading to a pause in tariffs.  The AUD/USD price analysis indicates stronger demand in Australia, with household spending rising in December. Moreover, the Australian dollar rose

Created on February 04, 2025 Bitcoin initially fell off a cliff during the early hours on Monday, as we have seen a lot of fear out there due to tariffs being levied by the United States on both Canada and Mexico. Furthermore, they also levied tariffs on China, and therefore I think we’ve got a

Created on February 04, 2025 Potential signal: I’m a buyer of this pair if we can break above the 0.92 level, with a stop loss at 0.91. I would be looking for a move to at least 0.95, if not parity (1.00) over the longer term. During my daily analysis of the US dollar, everywhere

FXCG, a leading force in the forex trading industry, successfully hosted the first edition of its much-anticipated Forex VIP seminar series on January 25, 2025, at the prestigious Signature Room, Vintano Hotel, Lekki Phase One, Lagos. The exclusive banquet-style event brought together a distinguished audience of VIP partners, seasoned forex traders, and prospective investors, setting

Daily Pivots: (S1) 153.91; (P) 154.90; (R1) 155.79; More… No change in USD/JPY’s outlook as range trading continues. Intraday bias stays neutral and deeper fall is mildly in favor with 156.74 resistance intact. On the downside, break of 153.70 will resume the decline from 158.86 to 38.2% retracement of 139.57 to 158.86 at 151.49. Nevertheless,

In response to the Trump administration’s 10% tariff on Chinese goods, Beijing vowed to challenge the decision at the World Trade Organization. Moreover, Chinese authorities have: → imposed retaliatory tariffs of 15% on US coal and liquefied gas, and 10% tariffs on oil and agricultural machinery; → launched an investigation into Google for potential anti-competitive

By Omkar Godbole (All times ET unless indicated otherwise) If you follow financial markets, you’ve probably come across the terms “risk-on” and “risk-off.” Now we seem to be entering a new era of “tariffs on/tariffs off.” In a risk-on environment, growth-sensitive assets like stocks and cryptocurrencies tend to rise due to expectations of economic expansion

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

Arslan Butt Index & Commodity Analyst Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at

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