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US White House Press Secretary Leavitt: Trump will give auto industry an extension on tariffs
16 days ago
US White House Press Secretary Leavitt: Trump will give auto industry an extension on tariffs
According to US White House Press Secretary Karoline Leavitt, US President Donald Trump is granting the US automotive industry, which is incredibly dependent on foreign trade, a one-month exemption from this week's stiff 25% tariffs imposed on Canada and Mexico.
UnitedStates
TradeWar
Politics
Beige Book: Economic activity 'rose slightly' since mid-January
16 days ago
Beige Book: Economic activity 'rose slightly' since mid-January
Highlights from the latest edition of the Beige Book
US Dollar under severe selling pressure after labor data
16 days ago
US Dollar under severe selling pressure after labor data
The US Dollar Index (DXY), which tracks the Greenback’s performance against six major currencies, is extending its decline for the third consecutive day on Wednesday.
DollarIndex
SEO
Currencies
Mexican Peso surges as US hits the brakes on auto tariffs
16 days ago
Mexican Peso surges as US hits the brakes on auto tariffs
The Mexican Peso (MXN) is recovering some ground against the US Dollar (USD) on Wednesday, on rumors that tariffs imposed by the United States (US) since March 4 could be rolled back or at least adjusted, according to US Commerce Secretary Howard Lutnick.
Mexico
USDMXN
TradeWar
Technical Analysis
SEO
Dow Jones Industrial Average rebounds as tariff exemptions begin to materialize
16 days ago
Dow Jones Industrial Average rebounds as tariff exemptions begin to materialize
The Dow Jones Industrial Average (DJIA) bounced from this week’s steep two-day plunge, recovering slim ground as investors try to prop the market back up.
DowJones
Equities
SEO
TradeWar
NFP
Eightcap Delivers CFDs and Liquidity to WonderFi’s Bitbuy and Coinsquare
16 days ago
Eightcap Delivers CFDs and Liquidity to WonderFi’s Bitbuy and Coinsquare
News Discussion Forum
By Finance Magnates
Eightcap Delivers CFDs and Liquidity to WonderFi’s Bitbuy and Coinsquare
WonderFi Technologies Inc., a company known for offering centralized and decentralized financial services, has signed a non-binding Letter of Intent (LOI) with Eightcap and Embedded.
eightcap
retail FX
retail
liquidity
EURCHF trades to highest level since July 2024.
16 days ago
EURCHF trades to highest level since July 2024.
EURCHF up 1.6% on the day. Largest one day gain since 2015
EUR
CHF
USDMXN slips after US weighs delay on the auto tariffs
16 days ago
USDMXN slips after US weighs delay on the auto tariffs
The 100-day MA stalls the fall at 20.33689
USD
MXN
European close: Germany jumps, erasing yesterday's decline
16 days ago
European close: Germany jumps, erasing yesterday's decline
Big changes coming to fiscal policy in Germany
EUR
Stocks
Is Bitcoin Going Up? Mixed Reactions to Trump's Crypto Reserve with Bitwise Seeing BTC Upside
16 days ago
Is Bitcoin Going Up? Mixed Reactions to Trump's Crypto Reserve with Bitwise Seeing BTC Upside
News Discussion Forum
By Finance Magnates
Is Bitcoin Going Up? Mixed Reactions to Trump's Crypto Reserve with Bitwise Seeing BTC Upside
Trump's announcement last weekend regarding the creation of a strategic crypto reserve in the United States has sparked mixed reactions in the market.
bitcoin
BTC
Bitcoin (BTC)
crypto
cryptocurrency
bitwise
donald trump
AUDUSD buyers make a play  to the upside. Can they keep the momentum going?
16 days ago
AUDUSD buyers make a play to the upside. Can they keep the momentum going?
The price moves above its 100 and 200 hour MAs. Swing area on the topside is also breached.
AUD
USD
The removal of the German debt brake is a gamechanger
16 days ago
The removal of the German debt brake is a gamechanger
Europe is ready to spend again
Canada won't lift its tariffs until all US tariffs lifted
16 days ago
Canada won't lift its tariffs until all US tariffs lifted
Canada cool to the idea of a 'middle ground'
EUR/USD Price Analysis: Bulls tighten grip as pair surges to multi-month highs
16 days ago
EUR/USD Price Analysis: Bulls tighten grip as pair surges to multi-month highs
EUR/USD gained significant ground on Wednesday, pushing further into bullish territory after an already strong performance in recent sessions.
EURUSD
Majors
Currencies
Technical Analysis
BoE’s Pill: Size and pace of further easing will hinge on inflation
16 days ago
BoE’s Pill: Size and pace of further easing will hinge on inflation
BoE’s Chief Economist Huw Pill spoke before lawmakers in Parliament.
BOE
CentralBanks
GBPUSD
UnitedKingdom
EURUSD breaks above 200 day MA for first time since November 6
16 days ago
EURUSD breaks above 200 day MA for first time since November 6
200 day moving average at 1.07258 is now close support and a risk defining level in the short term
EUR
USD
GBP/USD surges as weak US data fuels Fed rate-cut bets
16 days ago
GBP/USD surges as weak US data fuels Fed rate-cut bets
The Pound Sterling extended its gains versus the US Dollar on Wednesday, as market participants punished the latter.
GBPUSD
Majors
Macroeconomics
TradeWar
Technical Analysis
BoE’s Bailey: Second round inflation effects look less likely
16 days ago
BoE’s Bailey: Second round inflation effects look less likely
BoE’s Governor Andrew Bailey testified before the Treasury Select Hearing.
BOE
GBPUSD
CentralBanks
The 200-day moving averages are in play for both the S&P and the Nasdaq indices
16 days ago
The 200-day moving averages are in play for both the S&P and the Nasdaq indices
For the S&P index, the price is above its 200-day moving average. For the NASDAQ index the prices below its 200 day moving average.
S&P Technical Analysis
Nasdaq Technical Analysis
US ISM Services PMI rises to 53.5 in February vs. 52.6 expected
16 days ago
US ISM Services PMI rises to 53.5 in February vs. 52.6 expected
The economic activity in the US service sector continued to expand an accelerating pace in February, with the ISM Services PMI rising to 53.5 from 52.8 in January.
PMI
EconomicIndicator
UnitedStates
Fake CySEC Officials Resurface as Regulator Urges Investor Caution
16 days ago
Fake CySEC Officials Resurface as Regulator Urges Investor Caution
News Discussion Forum
By Finance Magnates
Fake CySEC Officials Resurface as Regulator Urges Investor Caution
Fraudsters are once again exploiting the trust of investors by posing as representatives of the Cyprus Securities and Exchange Commission (CySEC).
US factory orders for January 1.7% versus 1.6% expected
16 days ago
US factory orders for January 1.7% versus 1.6% expected
US factory orders for January 2025
US February ISM services 53.5 vs 52.6 expected
16 days ago
US February ISM services 53.5 vs 52.6 expected
US February 2025 ISM service
Silver Price Forecast: XAG/USD struggles around $32.40 while global trade war intensifies
16 days ago
Silver Price Forecast: XAG/USD struggles around $32.40 while global trade war intensifies
Silver price (XAG/USD) struggles to extend its upside above the key resistance of $32.40 in Wednesday’s North American session.
Silver
XAGUSD
Fed
DollarIndex
TradeWar
BoE’s Greene: Appropriate to maintain cautious approach to removing monetary restrictiveness
16 days ago
BoE’s Greene: Appropriate to maintain cautious approach to removing monetary restrictiveness
While testifying before the U Treasury Select Committee on Wednesday, Bank of England (BoE) policymaker Megan Greene said it is appropriate to maintain a cautious and gradual approach to removing monetary restrictiveness, as reported by Reuters.
BOE
CentralBanks
USDCHF: Sellers are in play below the 100 day MA and high of swing area at 0.8922
16 days ago
USDCHF: Sellers are in play below the 100 day MA and high of swing area at 0.8922
On the downside, staying below the 38.2% of the move up from September at 0.8884 will have traders looking toward the key 200 day MA at 0.88217
CHF
USD
Ultimate Traders Prop Challenges: 5 Competitive Differences
16 days ago
Ultimate Traders Prop Challenges: 5 Competitive Differences
News Discussion Forum
By Finance Magnates
Ultimate Traders Prop Challenges: 5 Competitive Differences
Prop traders are discovering what makes Ultimate Traders stand out from the competition.
Ultimate Traders