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Canadian Dollar endured a rough ride, heavily influenced by US President Donald Trump’s tariff rhetoric. The Loonie initially gained some ground yesterday, as Dollar weakened broadly after Trump refrained from imposing immediate tariffs during his first day in office. However, optimism was short-lived as Trump warned of 25% tariffs on both Mexico and Canada starting
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The Australian Dollar faces pressure after President Trump announced that his administration is considering a 10% tariff on Chinese imports. Chinese Vice Premier Ding Xuexiang warned about the consequences of a trade war. Trump issued a memorandum directing federal agencies to investigate and address the ongoing trade deficits. The Australian Dollar (AUD) remains subdued against
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Bitcoin has experienced significant volatility in recent days as the market reacts to the new Trump administration. On Monday, Bitcoin surged to its highest level ever, breaking above the December high of $108,364 and setting a new record at $109,356. However, the rally was short-lived, with prices retreating just as quickly. Buyers have since stepped
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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
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Forex markets have settled into quieter trading as the immediate impact of US President Donald Trump’s inauguration and initial executive orders fades. While Trump’s proposed tariffs remain a significant concern, their delayed implementation suggests a more calculated and strategic approach, tied to future negotiations. This tempered stance has brought a sense of cautious optimism to
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In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Nurphoto | Nurphoto | Getty Images LOS ANGELES — Netflix is due to report fourth-quarter earnings after the closing bell Tuesday. Wall Street will be paying close attention to details surrounding the company’s advertising-supported business model, its recent collection of live sporting events and the
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USD/JPY stable despite volatility after Trump announces possible 25% tariffs on neighboring countries. US Dollar Index (DXY) gains 0.29%, reaching 108.30, amid positive market sentiment. Focus on upcoming Bank of Japan meeting; potential for 25 basis point rate hike expected. The USD/JPY was virtually unchanged during the North American session on Tuesday, as traders assessed
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TradeCompass for January 20, 2025: Crude Oil Futures (CL) Analysis Crude oil futures (CL) are currently trading at $77.14, with the following thresholds: Bullish Above: $77.54 – Signaling upside momentum if crossed. Bearish Below: $76.97 – Indicating a bearish stage if breached. Why These Thresholds Matter Bullish Above $77.54: This price is above today’s VWAP,
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The dollar is slightly firmer to start the new day as it bounces back a little following Trump’s inauguration. His comments that “we’re thinking in terms of 25% on Mexico and Canada” on tariffs is causing a bit of a stir in the new day. But overall, the strong rally to start the year has
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Dollar is trading slightly lower today as markets await Donald Trump’s inauguration as the 47th US President. Attention is focused on his inaugural speech, expected to confirm his policy priorities. However, the real market-moving event is likely to be the series of executive actions Trump has promised to enact immediately. Over 200 directives are anticipated,
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GBP/USD depreciates following news that President Trump intends to direct federal agencies to review tariff policies. Traders speculate that Trump’s policies could lead to inflationary pressures, possibly restricting the Fed to just one more rate cut. UK gilts demand rose following weaker-than-expected Retail Sales data for December. GBP/USD loses ground after registering more than 1%
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