Trade tensions ebb and flow. Markets cheered the news President Trump and his Chinese counterpart Xi agreed to further talks on tariffs and rare earth minerals, while the US Treasury avoids labeling China a currency manipulator. The same can’t be said for Switzerland though, which is now included on the US Treasury’s FX monitoring list,
On June 5, South Korean won hit a seven-month high to the US dollar Washington will strengthen its monitoring of portfolio investments by pension and sovereign wealth funds of its trading partners as it broadens the scope of oversight to include their capital flow and macroprudential measures beyond direct market interventions. In a semiannual report on macroeconomic and foreign exchange policies of its major trading partners released on
The GBP/USD price analysis indicates a pause in the pound’s rally. Economists expect 130,000 new US jobs in May. Dollar weakness this week allowed its peers, like the pound, to climb. The GBP/USD price analysis indicates a pause in the pound’s rally ahead of the pivotal US nonfarm payrolls report. Market participants are locking in
Popcorn sales will pop — that’s my best prediction for today — as the world watches the incredible escalation of tensions between Donald Trump and his – once – best buddy, Elon Musk. Musk joined the mounting chorus of critics regarding Trump’s Big and Beautiful Tax Bill. But because nothing is reasonable anymore, the tweet
Everyone has been talking about the stock market in recent months due to the volatility brought on by Donald Trump’s tariffs, Congress’s budget talks, persistent inflation, rapidly changing tech valuations, and fears of a recession in much of the market. As a result, many equity investors have been exploring new investment opportunities to hedge their
Major currencies are not doing all too much in the new day with lights changes being observed ahead of European trading. This comes after the dollar fell back again yesterday, continuing the back and forth movements since the start of the week. That is exemplified by USD/JPY which fell over 150 pips on Monday before
Online investing provider Public.com, which began life as a social trading focused app, has announced that it is now shuttering social trading. And the reason given? AI, of course. In a blog post entitled “Sunsetting Social”, Public explained that when it first launched, a key feature of the product was the ability to see other people’s
Image for representational purposes only. | Photo Credit: R. Ragu The rupee depreciated 9 paise to 85.96 against the U.S. dollar in early trade on Thursday (June 5, 2025), weighed down by dollar demand from foreign investors, oil companies, and importers. Forex traders said market participants are now keenly awaiting the outcome of the Reserve
The US markets remain remarkably steady overnight despite a string of soft US economic releases overnight. Disappointing job and services data failed to trigger any meaningful selloff in equities, while Dollar edged slightly lower. Market pricing for Fed policy remains broadly unchanged, with a 96% chance of a hold at the upcoming meeting and a
Bullish view Buy the AUD/USD pair and set a take-profit at 0.6600. Add a stop-loss at 0.6400. Timeline: 1-2 days. Bearish view Sell the AUD/USD pair and set a take-profit at 0.6400. Add a stop-loss at 0.6600. The AUD/USD exchange rate continued to consolidate after the recent important macro data from the United States and
btc-usd Investors turn their attention to the European Central Bank’s expected rate cut and upcoming U.S. jobless claims, both seen as key signals.. Written by: Skerdian Meta • Thursday, June 5, 2025 • 3 min read Add an article to your Reading List Register now to be able to add articles to your reading list.
Winning a Finance Magnates National Forex Award is not just a moment of pride at the awards ceremony and gala dinner; it’s a powerful way to enhance your brand’s visibility in a competitive market. When traders in your country are comparing brokers, a Finance Magnates National Award can provide you with a significant advantage. It
Bullish view Buy the AUD/USD pair and set a take-profit at 0.6600. Add a stop-loss at 0.6350. Timeline: 1-2 days. Bearish view Sell the AUD/USD pair and set a take-profit at 0.6350. Add a stop-loss at 0.6600. The AUD/USD exchange rate remained at 2.8% as investors focused on th latest macroeconomic data from the United
Market performance was surprisingly strong yesterday, especially considering the day began in the US with a sharp downgrade in global growth projections from the OECD. The organization cited ‘substantial increases in trade barriers, tighter financial conditions, and weakened business and consumer confidence’ as key concerns. That neatly sums up why many expect a global economic
EUR/USD Analysis Summary Today Overall Trend: Upward. Today’s Euro-Dollar Support Levels: 1.1330 – 1.1270 – 1.1190. Today’s Euro-Dollar Resistance Levels: 1.1460 – 1.1500 – 1.1580. EUR/USD Trading Signals: Buy Euro-Dollar from the 1.1290 support level with a target of 1.1420 and a stop-loss of 1.1200. Sell Euro-Dollar from the 1.1500 resistance level with a target
Gold price moves within a tight range on Wednesday but remains bullishly aligned following limited corrective dip on Tuesday. Broken Fibo level at $3355 (61.8% of $3200/$3120 pullback) reverted to solid support which keeps the downside protected so far and guards lower trigger at $3328 (broken triangle’s upper boundary, reinforced by 10DMA). Technical picture on
Trading remains subdued as markets drift into the US session, with little conviction across asset classes. US futures dipped slightly after a dismal ADP employment report showing only 37k job additions in May, sharply below expectations. Still, the reaction was contained, with no clear evidence of a broad risk-off move. US President Donald Trump added
The USD/CAD forecast points south as the loonie strengthens ahead of a likely BoC pause. Market participants are waiting to see developments in trade negotiations. The US is set to release the nonfarm payrolls report on Friday. The USD/CAD forecast points south as the loonie strengthens ahead of a likely BoC pause. At the same
The main advantages of the new system compared to bilateral settlement are improved efficiency and reduced risks in foreign exchange transactions The global foreign exchange market trades more than 7.5 trillion dollars a day BME has presented, at an event held at the Madrid Stock Exchange Palace, its new foreign exchange transaction settlement system in
Today’s Gold Analysis Overview: General trend for gold: Upward. Today’s gold support points: $3267 – $3200 – $3150 per ounce. Today’s gold resistance points: $3366 – $3400 – $3480 per ounce. Today’s gold trading signals update: Sell gold from the resistance level of $3370, with a target of $3280 and a stop loss of $3400.
