Asia FX weak amid Trump tariff jitters; dollar strong ahead of nonfarm payrolls
Asia FX weak amid Trump tariff jitters; dollar strong ahead of nonfarm payrolls
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Asia FX weak amid Trump tariff jitters; dollar strong ahead of nonfarm payrolls
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Event to pay attention to today: 16:00 EET. EUR – ECB President Christine Lagarde Speaks EURUSD: The EUR/USD exchange rate is declining in Asian trading on Wednesday. The US dollar is gaining ground as voters favour former US President Donald Trump in the upcoming US presidential election. The polls are now closing in 15 states,…
Starting a prop firm might seem simple on the surface. You gather traders, raise some capital, and off you go, right? Well, not quite. If it were that easy, everyone would be running a prop firm and raking in profits. But here’s the truth: capital and traders are just the beginning. To build a truly…
Market Force – The Real Reason Markets Move Market Force In every financial market, forex, stocks, commodities, or crypto, price movement boils down to one fundamental principle: the balance between supply and demand. While traders often rely on technical analysis or news events to guide decisions, the underlying driver of every market move…
The Fed turned out to be much less “hawkish” than expected, and the expansion of the balance sheet is perceived almost as a loss of independence. Coupled with Jerome Powell’s horror stories about the labor market and the fastest growth in unemployment claims since the pandemic, this allowed the EURUSD to meet both long targets…
Little Respite for Worried Investors April 7, 2025 The heavy selloff of riskier assets extended dynamically into a fresh week. President Trump has shown no inclination of blinking first on his broadly based and very large tariff hikes. Reactions by other countries have been mixed. The ten-year U.S. Treasury yield eased another basis point and…
Gold prices plummet as Trump’s election victory boosts the US dollar and Treasury yields. Market sentiment shifts towards higher interest rates, diminishing gold’s appeal. Technical analysis suggest bearish momentum is building, will safe haven demand return and underpin Gold prices? Most Read: US Dollar Index (DXY) Explodes Higher as Markets Prepare for a Trump Victory…