As crypto declines, many traders are contemplating short positions. The big question isn’t just whether to enter—which remains your decision and at your own risk—but rather where to enter to avoid FOMO-driven mistakes. Entering late without considering key price levels can result in getting squeezed out, suffering unrealized losses, and ultimately exiting in frustration. This […]
The GBP/USD forecast turns neutral after falling from a 10-week top. Tariff jitters, US inflation, and BoE’s dovishness, could ignite selling pressure. US Core PCE and US GDP are key events to watch. The GBP/USD forecast remains neutral as the price retreated after hitting a 10-week top at 1.2690 on Monday. The price wobbles around
Finland’s unemployment rate increased in January to the highest level in eight months, figures from Statistics Finland showed on Tuesday. The jobless rate among the 15-74 age groups climbed to 9.5 percent in January from 8.1 percent in December. Moreover, this was the highest jobless rate since May 2024, when it was 10.2 percent. In
Dollar gained slightly overnight, buoyed by mild risk aversion and ongoing tariff threats from President Donald Trump. However, the lack of follow-through momentum in the greenback suggests traders remain hesitant to commit to large directional bets amid persistent policy uncertainty. US stock market weakness has been most pronounced in the NASDAQ, which fell by more
Gold prices fell in India on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 8,205.23 Indian Rupees (INR) per gram, down compared with the INR 8,238.38 it cost on Monday. The price for Gold decreased to INR 95,704.90 per tola from INR 96,090.80 per tola a day earlier. Unit measure
Citi is deploying its new-look single-dealer platform (SDP) to emerging markets in a bid to offer better and faster electronic onshore pricing to users through a single gateway. Following the relaunch of Velocity 3.0 in 2023, the US bank has focused on consolidating its various electronic foreign exchange pricing platforms – including CitiFX Pulse, its
04:20 Federal Reserve Bank of Dallas President Lorie Logan speaks before the 2025 BEAR (Bank of England Agenda for Research) Conference: “The Future of the Central Bank Balance Sheet.” Logan will be in a Q&A session This article was written by Eamonn Sheridan at www.forexlive.com. Source link
Silver attracts some buyers on Tuesday and snaps a two-day losing streak. Mixed technical indicators on the daily chart warrant some caution for bulls. Corrective slides could be seen as a buying opportunity and remain limited. Silver (XAG/USD) builds on the previous day’s modest bounce from the vicinity of the $32.00 mark, or a nearly
Is he tariff man or Groundhog Day man? Trump positng on his own social media network. the company building the Keystone XL Pipeline should come back to America, and get it built Easy approvals, almost immediate start! If not them, perhaps another Pipeline Company. We want the Keystone XL Pipeline built! Repeating himself now on
The US Dollar kicked off the new trading week slightly on the defensive, managing to rebound from fresh multi-week lows amid tariff concerns, lower yields, and renewed jitters on the health of the US economy. Here is what you need to know on Tuesday, February 25: The US Dollar Index (DXY) dropped to new two-month
Germany is considering a EUR 200Billion in emergency defense spending to rebuild its military Germany is considering EUR 200 billion ($210 billion) in emergency defense spending to rebuild its military. Chancellor-in-waiting Friedrich Merz is in talks with the Social Democrats (SPD) to bypass borrowing restrictions. Plan to push a vote before March 24, before the
Volkan Benihasim has been named global head of foreign exchange, emerging markets rates and commodities at HSBC. Benihasim takes over from Richard Bibbey, who has relocated from Hong Kong to London to become global head of institution sales in the markets and securities services division. Benihasim was previously global head of FX cash and emerging
Gold is nearing the $3000/oz mark, potentially reaching it briefly before a pullback. Concerns about the stock market and a murky Fed outlook are driving investors towards gold. Key economic data releases this week include US GDP and PCE data. Most Read: Global Market Outlook 2025: Trends, Risks, and Opportunities for Traders Risk aversion persisted
The US Dollar steadies after an earlier wild ride as a flood of geopolitical news erupts this Monday. In Germany, the far-right AfD party is outpaced by the CDU. The US Dollar Index (DXY) has recovered a near 0.50% loss andd trades marginally higher at the time of writing. The US Dollar Index (DXY), which tracks
Euro’s brief post-election rally faded quickly, as investors welcomed CDU/CSU’s victory but remained cautious due to lingering uncertainties around coalition formation and fiscal policy. While a relatively centrist government comprising CDU and the Social Democrats would provide stability, challenges surrounding the “debt brake” reform and defense spending continue to cloud the outlook. A coalition with
