Oil: private survey of inventory shows headline crude oil draw larger than expected
Oil: private survey of inventory shows headline crude oil draw larger than expected
This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.
AUD/USD remains resilient amid Fed uncertainty and trade concerns
AUD/USD remains resilient amid Fed uncertainty and trade concerns
The AUD/USD pair remains resilient, despite a retreat from recent highs. The Australian Dollar (AUD) benefits from a weaker US Dollar (USD), as market participants focus on the Federal Reserve’s (Fed) anticipated policy meeting on Wednesday.
Australia
SEO
Majors
AUDUSD
Macroeconomics
S&P closes lower for the second consecutive day
S&P closes lower for the second consecutive day
Two negative closes after nine days of gains.
Stocks
Economic calendar in Asia Wednesday, May 7, 2025 - New Zealand jobs report for Q1
Economic calendar in Asia Wednesday, May 7, 2025 - New Zealand jobs report for Q1
Asian Economic Calendar: Key Events and Consensus Expectations for 07 May 2025
economic calendar
Canadian PM Carney: This is the point at which a serious conversation begins
Canadian PM Carney: This is the point at which a serious conversation begins
Following a joint press conference between Canadian Prime Minister Mark Carney and United States (US) President Donald Trump, Canadian PM Carney followed up with a press conference of his own, adding some much-needed clarity to the discussions that have begun between Canada and the US about trade st
Canada
TradeWar
USDCAD
Politics
AUDUSD knocking on the 0.6500 target level.
AUDUSD knocking on the 0.6500 target level.
Moving away from the 200-day MA again
AUD
USD
Deputy Treasury Secretary Faulkender: US Dollar to remain the world's reserve currency
Deputy Treasury Secretary Faulkender: US Dollar to remain the world's reserve currency
United States (US) Deputy Treasury Secretary Michael Faulkender hit newswires on Tuesday, noting that despite ongoing market tensions and investor concerns about US economic stability, demand for US Treasuries and US Dollar demand remain high.
TradeWar
UnitedStates
Politics
DollarIndex
Mexican Peso firms as US trade deficit widens, Trump softens tariff rhetoric
Mexican Peso firms as US trade deficit widens, Trump softens tariff rhetoric
The Mexican Peso recovered some ground on Tuesday against the Greenback as traders digested the latest Trade Balance figures of the United States (US), which showed the trade deficit widened.
Mexico
SEO
USDMXN
Banxico
Macroeconomics
US Dollar slumps further as Fed decision nears
US Dollar slumps further as Fed decision nears
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against a basket of currencies, remained under heavy selling pressure on Tuesday as investors turned defensive ahead of the Federal Reserve’s (Fed) monetary policy decision.
Currencies
SEO
DollarIndex
Cor Prime Appoints Tim Bevan as CEO, Eyes Institutional Digital Asset Lending Launch
Cor Prime Appoints Tim Bevan as CEO, Eyes Institutional Digital Asset Lending Launch
News Discussion Forum
By Finance Magnates
Cor Prime Appoints Tim Bevan as CEO, Eyes Institutional Digital Asset Lending Launch
Cor Prime, a recently launched venture by Deus X Capital, appointed seasoned finance executive Tim Bevan as its CEO. The move comes as the firm gears up for its go-live phase and positions itself a...
Cor Prime
Forex Today: The Fed is anticipated to keep rates unchanged
Forex Today: The Fed is anticipated to keep rates unchanged
The US Dollar kept its offered stance well in place for yet another day on Tuesday amid the omnipresent tariff uncertainty and the usual cautious trade ahead of the Fed’s interest rate decision on Wednesday.
ECB
Currencies
EURUSD
Fed
DollarIndex
Canadian Dollar grinds higher as market pressures ease… for now
Canadian Dollar grinds higher as market pressures ease… for now
The Canadian Dollar (CAD) rose against the US Dollar (USD), sending the Loonie into recent highs against the Greenback and pushing the CAD up over one-third of one percent against the USD on Tuesday.
TradeWar
Fed
USDCAD
USD/CHF soft as Dollar drifts lower as SNB rate cut bets build and FOMC looms
USD/CHF soft as Dollar drifts lower as SNB rate cut bets build and FOMC looms
USD/CHF is under pressure on Tuesday, with the pair slipping lower amid continued softness in the broader US Dollar (USD).
Currencies
Majors
USDCHF
SNB
Dow Jones Industrial Average falls over 300 points on Tuesday as markets await Fed, trade clarity
Dow Jones Industrial Average falls over 300 points on Tuesday as markets await Fed, trade clarity
The Dow Jones Industrial Average (DJIA) followed the broader stock market lower on Tuesday, with equities taking a soft hit ahead of the Federal Reserve’s (Fed) upcoming rate call on Wednesday.
DowJones
TradeWar
Equities
Fed
SEO
EUR/CAD Price Analysis: Euro softens toward 1.5600 but broader trend stays constructive
EUR/CAD Price Analysis: Euro softens toward 1.5600 but broader trend stays constructive
The EUR/CAD pair edged lower on Tuesday, hovering near the 1.5600 area after the European session as the pair retreated within the day’s range.
Crosses
Technical Analysis
Currencies
EURCAD
EUR/USD Price Analysis: Euro steadies near 1.1300 with bullish bias intact
EUR/USD Price Analysis: Euro steadies near 1.1300 with bullish bias intact
The EUR/USD pair moved slightly higher on Tuesday, trading near the 1.1300 zone after the European session as buyers remained in control despite a lack of strong momentum.
Technical Analysis
Currencies
EURUSD
Majors
Bullish
US President Donald Trump: Don't know if it's necessary to renegotiate USMCA
US President Donald Trump: Don't know if it's necessary to renegotiate USMCA
United States (US) President Donald Trump hit the wires hard on Tuesday during a joint press conference with Canadian Prime Minister Mark Carney.
TradeWar
UnitedStates
Politics
US President Donald Trump: Don't know if it's necessary to renegotiate USMCA
US President Donald Trump: Don't know if it's necessary to renegotiate USMCA
United States (US) President Donald Trump hit the wires hard on Tuesday during a joint press conference with Canadian Prime Minister Mark Carney.
TradeWar
UnitedStates
Politics
US yields steady ahead of Fed, 10-year auction as US Dollar slips
US yields steady ahead of Fed, 10-year auction as US Dollar slips
The US 10-year Treasury yield trades subdued on Tuesday as market participants await the Federal Reserve’s last monetary policy meeting on May 7. Furthermore, investors are also eyeing the demand for the 10-year T-note auction at 13:00 ET.
Fed
Bonds
UnitedStates
YieldCurve
DollarIndex
Gold rallies as global risk sentiment deteriorates ahead of Fed policy update
Gold rallies as global risk sentiment deteriorates ahead of Fed policy update
Gold (XAU/USD) is rising sharply on Tuesday, supported by a convergence of geopolitical conflict, trade policy uncertainty, and investor defensiveness ahead of Wednesday’s Federal Reserve (Fed) interest rate decision and Chair Jerome Powell’s press conference. 
Technical Analysis
XAUUSD
Metals
Gold
Fundamental Analysis
IronFX UK Doubles Revenue to $1.4 Million in 2024, Net Profit Slips Slightly
IronFX UK Doubles Revenue to $1.4 Million in 2024, Net Profit Slips Slightly
News Discussion Forum
By Finance Magnates
IronFX UK Doubles Revenue to $1.4 Million in 2024, Net Profit Slips Slightly
Notesco UK Limited, which operates the brokerage brand IronFX in the UK, has released its financial results for the year ended 31 December 2024.
ironfx
retail
retail brokers
retail forex
USD/CAD touches the lows of the day as Carney arrives at the White House
USD/CAD touches the lows of the day as Carney arrives at the White House
More of function of a positive risk mood than anything
Asian FX rallies as USD weakens on recession fears, tariff uncertainty
Asian FX rallies as USD weakens on recession fears, tariff uncertainty
USD remains offered across the board as investor flows shift sharply into Asia, following a record 6% two-day surge in the Taiwan dollar (TWD) and strong gains in the Korean won (KRW), Chinese yuan, and Thai baht (THB).
EmergingMarkets
Currencies
Asia
RiskAversion
eToro Appoints Yaki Razmovich as Managing Director for Singapore and Asia
eToro Appoints Yaki Razmovich as Managing Director for Singapore and Asia
News Discussion Forum
By Finance Magnates
eToro Appoints Yaki Razmovich as Managing Director for Singapore and Asia
eToro appointed Yaki Razmovich as Managing Director for Singapore and the wider Asia region. Razmovich brings more than 20 years of experience in financial services, with a deep focus on Asia’s reg...
GBP/USD rises past 1.3350 as traders brace for Fed, BoE rate decisions
GBP/USD rises past 1.3350 as traders brace for Fed, BoE rate decisions
The Pound Sterling advanced for the second consecutive day, gaining over 0.65% against the US Dollar amid a scarce economic docket on both sides of the Atlantic. Major central banks like the Federal Reserve and the Bank of England (BoE) are preparing for their policy meetings.
Technical Analysis
Majors
Macroeconomics
GBPUSD
Fundamental Analysis
NZDUSD tests key swing area resistance as buyers push higher after MA support at lows
NZDUSD tests key swing area resistance as buyers push higher after MA support at lows
Momentum builds in NZDUSD with bulls pressing against key resistance ceiling
NZD
USD
The S&P and Nasdaq indice bounce near 50-hour MAs. Buyers still holding short-term control
The S&P and Nasdaq indice bounce near 50-hour MAs. Buyers still holding short-term control
Market indices bounce near key support levels, maintaining short-term bullish bias. Dip buyers active as 50-hour MAs hold as risk levels for S&P and Nasdaq.
Stocks
EUR/JPY attracts bids below 162.00 as German Merz secures majority in second attempt
EUR/JPY attracts bids below 162.00 as German Merz secures majority in second attempt
The EUR/JPY pair rebounds above 162.00 during the North American trading session after attracting bids near 161.60, which is the intraday low.
ECB
Germany
BOJ
EURJPY
RiskAversion
CHF rallies sharply as inflation falls, SNB faces dilemma – Rabobank
CHF rallies sharply as inflation falls, SNB faces dilemma – Rabobank
The Swiss franc’s strong performance and soft inflation have raised expectations of SNB action, while the euro’s recent strength is now under scrutiny amid economic headwinds and speculation about future ECB cuts, Rabobank's FX analyst Jane Foley notes.
Technical Analysis
EURCHF
USDCHF
Banks
With Argentex Sold for Nearly £3M to IFX Payments, Former CEO Launches B2B FX Startup
With Argentex Sold for Nearly £3M to IFX Payments, Former CEO Launches B2B FX Startup
News Discussion Forum
By Finance Magnates
With Argentex Sold for Nearly £3M to IFX Payments, Former CEO Launches B2B FX Startup
Just months after Argentex's near-collapse, its former chief executive, Harry Adams, is back in the industry. Adams has launched a new London-based FX firm, Tenora, aiming to overhaul the way bus...
Tenora
Argentex
AUDUSD holds support above 100-hour MA as bulls eye December highs
AUDUSD holds support above 100-hour MA as bulls eye December highs
AUDUSD holds support at prior range highs; bulls look to build on breakout above key MAs
AUD
USD
Broker Rebates