The USD/CAD pair rallied in the latter parts of 2024. Trump proposed a 25% tariff on goods imported from Canada. The loonie remains vulnerable after the Fed’s hawkish December meeting. The USD/CAD forecast shows uncertainty for the Canadian dollar in the new year amid expected US tariffs, a hawkish Fed, and political uncertainty in Canada.

The yen lost around 10% of its value in 2024. Analysts believe Trump’s administration will boost the economy and reheat price pressures. BoJ officials will wait to see the impact of Trump’s policies. The USD/JPY outlook suggests some relief for the yen at the start of the year as the greenback eases. However, the outlook

Created on January 02, 2025 Bearish View Sell the EUR/USD pair and set a take-profit at 1.0250. Add a stop-loss at 1.0425. Timeline: 1-2 days. Bullish View Set a buy-stop at 1.0360 and a take-profit at 1.0425. Add a stop-loss at 1.0250. The EUR/USD pair was on the verge of a bearish breakout as traders

Created on January 02, 2025 In the final trades of 2024, the Euro experienced increased losses against the US Dollar due to Trump’s trade policies. This pushed the most traded pair in the forex market to its lowest level in two years, reaching the support level of 1.0331. It closed the year near its losses

Created on January 02, 2025 During the trading session on Tuesday, the first thing that I notice with the gold market is that we continue to hang onto a significant support level in the form of the $2600 level, which of course is a large, round, psychologically significant figure, and an area that has offered

1. Renewed expectations of RBA cuts Weak Q3 growth figures for Australia revived bets of RBA cuts in 2025. The RBA cash rate futures curve has fully priced in 25bp to land in April, June and November. The anticipated -75bp of cuts would then see the RBA’s cash rate lowered from 4.35% to 3.6%. Incoming

eth-usd Arslan Butt•Thursday, January 2, 2025•2 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Share in Facebook “> After Elon Musk, the richest person in the world, momentarily changed his name on X to “Kekius Maximus,” a crypto trader turned

SPX Yearly Chart Chart prepared by James Stanley; data derived from TradingView To be sure, one of the dominating factors of the equity rally over the past two years was the pricing in of eventual rate cuts, which started in September. The only red year that we’ve seen for SPX in the past six years

Created on January 01, 2025 The S&P 500 has been somewhat lackluster during the month of December, just like its counterpart, the NASDAQ 100. The US stock market was a little bit exhausted by the time we got to the month of December, and although I still believe that this is a market that will

eth-usd Ignacio Teson•Wednesday, January 1, 2025•1 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Share in Facebook “> Latin American markets saw little change on Tuesday, but stock and currency indices were set to close 2024 with sharp annual losses,

If you’ve been following our forecasts for the past year, this won’t deviate too far away from what I’ve been tracking on US stocks. In my mind there’s still no reason to give up expectation for bullish continuation. The two-year gain for the S&P 500 at this point stands at a whopping 57%, which would

Created on January 01, 2025 The US dollar has continued to rally rather significantly against the Mexican peso over the last several weeks, but we do get the occasional pullback. I think this continues to be the case, mainly due to the fact that the Donald Trump inauguration is in the month of January, and

Key points: Euro finished 2024 on a weak note Forex markets break for January 1 Favorable outlook for the US dollar Illustration by TradingView Old continent’s currency has almost no good things to look forward to this year. The US dollar? That’s a different animal. The EURUSD pair was seen making no moves to start

China is ramping up its anti-crypto measures with new foreign exchange regulations, making it harder for residents to engage in crypto trading. According to South China Morning Post, these rules, unveiled on Dec. 31, mandate banks to monitor the identity of traders, the source of their funds, and trading patterns. The goal? To clamp down on

Created on January 01, 2025 The GBP/USD pair struggled to withstand the strength of the US dollar throughout 2024. However, the sterling’s resilience crumbled rapidly following the announcement of Trump’s victory in the US presidential election. As a result, the GBP/USD pair plummeted towards the support level of 1.2475, its lowest level in seven months,

China has imposed new forex regulations that will force banks to closely monitor and report transactions involving crypto assets, further escalating the country’s years-long crackdown on cryptocurrency activities. The measures are intended to rein in illegal cross-border financial activities such as underground banking, cross-border gambling, and crypto trading. In accordance with the 31 December report

Created on December 31, 2024 The Canadian dollar rallied rather significantly against the Swiss franc during the trading session on Monday to break towards the 0.63 level. The market has also broken above the 50 day EMA, which of course is a very bullish sign. The fact that the Canadian dollar can rally against almost

MUMBAI: The rupee dropped 5 paise to 85.69 against the US dollar in early trade on Wednesday, the first session of 2025, as the strength of the American currency in the overseas market and persistent foreign fund outflows weighed on the local unit. Forex traders said the dollar index (DXY) and US 10-year bond yields