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Pound Sterling declines as flash UK PMI contracts unexpectedly
The Pound Sterling underperforms its peers as the preliminary UK PMI unexpectedly contracted in April. Trump is confident of closing bilateral deals with various nations soon. Investors await the preliminary US PMI data for April. The Pound Sterling (GBP) weakens against most of its peers on Wednesday after the release of poor preliminary S&P Global/CIPS…
EURUSD Short Term Forecast Follow Up And Update
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! EURUSD short term forecast follow up and update is here. On January 30th 2025 I shared this “EURUSD Technical Analysis And Short Term Forecast” post in our blog. In this post, let’s do a…
Dow Jones rockets higher on tariff suspension
The Dow Jones Industrial Average (DJIA) skyrocketed on Wednesday, surging over 6% on the day and returning to the 40,000 handle after the Trump administration announced yet another pivot on its own tariff policies. According to US President Donald Trump, all “non-retaliating” countries will see an immediate 90-day suspension on “reciprocal” and 10% tariffs, although…
Bitcoin shows resilience to Middle East events. Oil market stabilizes
The US stock market rose on Wednesday. By the end of the day, the Dow Jones (US30) increased by 0.49%. The S&P 500 (US500) gained 0.79%. The tech-heavy NASDAQ (US100) closed higher by 1.51%. The US stock market displayed a confident “bullish” sentiment, largely ignoring geopolitical tensions. The primary driver of optimism was a decline…
AAOI & the Fed
Before I tell you about the AAOI Trade I shared with the WhatsApp Broadcast Group last week (now up 38% in less than 5 days), just a few quick words about the Fed. Wednesday’s rate cut coupled with no hawkish surprises from Powell’s conference was a launchpad for USD weakness, metals strength and equities’ surge…
