FX Weekly Recap: May 26 – 30, 2025
Trump tariffs sparked court battles, appeals delays. Dollar volatility, Fed minutes, Canadian GDP surprises created intense currency market turbulence this week.
Trump tariffs sparked court battles, appeals delays. Dollar volatility, Fed minutes, Canadian GDP surprises created intense currency market turbulence this week.
Whether it’s the result of unexpected market events or just a poor trade idea, losing money really sucks. What’s worse is that when it happens over and over again, it eventually affects your confidence and trading approach. Just to make up for your losses, some of you probably resort to revenge trading by throwing your trading…
The past week in the currency markets was marked more by consolidation than decisive moves, even as risk aversion deepened in US stock markets. Dollar’s selloff slowed and turned into a modest recovery, but there was no clear momentum for bullish trend reversal. Sentiment remained fragile, weighed down by constantly escalating trade tensions and the…
The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The major shift in direction of US trade policy and the unpredictability of tariffs have increased uncertainty, diminished prospects for economic growth, and raised inflation expectations. Pervasive uncertainty makes…
Australia’s NAB Business Confidence fell from 2 to -3 in May, returning to negative territory. Business conditions also saw a slight decline, dropping from 7 to 6. Specifically, trading conditions decreased from 13 to 10, and profitability conditions fell from 6 to 3. However, employment conditions improved, rising from 2 to 5. NAB Chief Economist…
The Indian Rupee holds steady in Wednesday’s Asian session. Outflows from local equities and the widening of India’s November merchandise trade deficit could weigh on the INR. The Fed interest rate decision will take center stage on Wednesday. The Indian Rupee (INR) trades on a flat note on Wednesday after reaching a new record low…
A new survey from trading platform eToro shows that 85% of UAE-based retail investors are currently invested in locally listed stocks, with confidence in the domestic market running at record highs despite global uncertainty. The broker said that the study, based on responses from 1,000 investors in the country, found that 39% of retail participants…