FX

Gold price continues to attract safe-haven flows amid worries about Trump’s trade tariffs.  Fed rate cut bets undermine the USD and lend additional support to the XAU/USD pair. The risk-on environment warrants some caution for bulls amid a slightly overbought RSI.  Gold price (XAU/USD) builds on its steady intraday ascent through the first half of

The Dow Jones is hitting a comfortable midrange around 44,450 on Tuesday. Threats of nearly-global tariffs have evaporated over 24 hours. Trade tensions remain an issue with China, but tariff breaks are priced in. The Dow Jones Industrial Average (DJIA) is testing the 44,450 region on Tuesday, with equities slowing their recent pace of volatility

Amid the US-Canada-Mexico tariff saga – which was the main driver of EUR/USD yesterday – eurozone flash CPI estimates for January came in slightly hotter than expected. The core measure was unchanged at 2.7% (expected 2.6%) for a fifth consecutive month and the headline inched higher for the fourth month in a row, again challenging

The US Dollar kicked off the week on a strong note as market participants assessed the implementation of US tariffs over the weekend, while investors should remain focused on the US labour market data throughout this week as well as comments from Fed’s rate setters. Here is what you need to know on Tuesday, February

European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Monday that US President Donald Trump’s tariffs will increase economic uncertainty, calling it a “very worrying development,” as reported by Reuters. He also described Trump’s tariffs as “very brutal” and said that everyone loses in this kind of protectionist trade war. Commenting on the

Gold sustains gains, trading at $2,797, as White House clarifies tariff timeline confusion. Revised tariff announcements lead to brief dip in Gold with traders eyeing $2,800 resistance. Despite steady December Core PCE data, geopolitical uncertainty keeps Gold prices elevated. Gold price trades near all-time highs above $2,800 on Friday as market participants turn risk-averse after

Mexican Peso erased gains of 0.61% and turns negatively as Trump’s threat of 25% tariffs would be enacted. The White House denied Reuters’ report about US delaying tariffs implementation to March 1. Mixed US economic indicators and Fed commentary maintain cautious market sentiment. The Mexican Peso (MXN) erases some of its earlier gains and losses

AUD/USD hovers above 0.6200, defending mild bids amid US tariff concerns and weak Chinese data. US PCE data showed no surprises, Fed remains cautious. RBA dovish bets continue to pressure the pair. The Australian Dollar clings to mild gains on Friday, trading around 0.6215 after briefly touching a two-week low. The pair remains under pressure

The US Dollar holds ground above 108.00 as traders await weekend tariff announcements. Trump threatens 100% tariffs on BRICS nations if they challenge the US Dollar in global trade. US PCE inflation data shows steady price pressure, reinforcing the Fed’s cautious stance. The US Dollar Index hovers near 108.50, marking a fresh weekly high. The

United States (US) Press Secretary Karoline Leavitt dashed investor hopes for a delay in tariffs on Friday, announcing from the White House’s press podium that President Donald Trump’s wide tariffs of 25% on Canada and Mexico, as well as 10% on China, would be taking effect on February 1. The announcement shattered earlier reports that

FX option expiries for Jan 31 NY cut at 10:00 Eastern Time via DTCC can be found below. EUR/USD: EUR amounts 1.0200 1.7b 1.0250 837m 1.0300 3.1b 1.0350 1b 1.0375 973m 1.0400 2.8b 1.0450 3.1b 1.0500 1.9b GBP/USD: GBP amounts      1.2475 597m USD/JPY: USD amounts                                  154.00 795m 154.75 850m 155.00 1.4b 155.35 665m USD/CHF: USD

IBM stock rose as much as 13% on Thursday, its best intraday price action in more than a decade. IBM reported Q4 adjusted EPS of $3.92, 14 cents ahead of expectations. AI bookings rose $2 billion QoQ in the fourth quarter. Multiple analysts raised their price targets on IBM, impressed by guidance for 2025 FCF. International

EUR/GBP edges higher to around 0.8370 in Thursday’s early European session.  The ECB will likely cut interest rates on Wednesday, keeping the door open to further easing.  The markets have priced in almost three quarter-point rate cuts by the BoE in 2025.  The EUR/GBP cross rebounds to near 0.8370, snapping the five-day losing streak during

The Federal Reserve is widely expected to leave monetary policy settings unchanged following the January meeting. Fed Chairman Powell’s presser could provide important clues about the rate outlook. The US Dollar could come under bearish pressure if the Fed leaves a rate cut in March on the table.   The United States (US) Federal Reserve

ASX: WESTPAC BANKING CORPORATION – WBC Elliott Wave Technical Analysis TradingLounge. Greetings, Today’s Elliott Wave analysis provides an updated perspective on the Australian Stock Exchange (ASX) focusing on WESTPAC BANKING CORPORATION (WBC). Our analysis indicates that ASX: WBC may have completed a Triangle pattern, suggesting an upward movement. This evaluation also highlights key price levels to help traders determine whether this scenario remains valid,

Join TradeGATEHub Live Trading as we dive into yesterday’s market action. Was it the capitulation in #NVDA? Coach will discuss the dollar’s recovery and highlight how NVDA hit its first objective. Meanwhile, Mike will analyze the rotation of flows from yesterday and this morning, sharing his trades and insights on option sweeps that reveal critical

The Indian Rupee remains under selling pressure in Tuesday’s early European session.   The INR declines tracking weaker Chinese Yuan, sustained foreign fund outflows and strong USD demand. The Fed rate decision and India’s Federal Fiscal Deficit will be the highlights for this week.  The Indian Rupee (INR) drifts lower on Tuesday as a decline in the Chinese

The Dow Jones tumbled during the overnight session before Monday’s opening bell. Trade war fears are back on the table after Trump gets into a political scuffle with Colombia. Fresh rate cut hopes are bolstering equities from early week lows. The Dow Jones Industrial Average (DJIA) dipped into the 44,000 handle during Monday’s early overnight