Author: Neversettleclub

This Aussie pair seems to be in correction mode, as price is closing in on the Fibonacci retracement levels and descending trend line. Is the long-term trend still our friend on this one? Take a look at these inflection points on the 4-hour time frame: AUD/NZD 4-hour Forex Chart by TradingView Rumors that the U.S. and China are working on de-escalating trade tensions appear to be propping the Australian dollar up lately. However, China has just clarified that President Xi and Trump have not yet had any direct communication, which means that it’s still possible for tariffs tensions to flare…

The Australian dollar is lower on Tuesday. In the European session, is trading at 0.6398, down 0.49% on the day.Australian CPI Expected to FallAustralia’s inflation rate has been dropping, and we’ll get a look at first-quarter on Wednesday. Annualized, is expected to ease to 2.3% from 2.4% in Q4. The Q4 gain of 2.4% was the lowest reading since Q1 2021, driven by government subsidies for electricity and fuel, which dampened goods inflation. The RBA’s , a key core inflation gauge, is expected to drop to 2.9%, down from 3.2% in Q4, which was the lowest rate in three years.…

By Huzefa Hamid Reviewer Adam Lemon Fact-checker DailyForex.com Team Created on April 14, 2025 Markets have been roiled by US President Trump’s announcement of strong new tariffs on all trading partners, followed by a 90-day suspension. How this process plays out will be key to the future of the markets over 2025 and probably beyond.1. The Trump administration is committed to implementing tariffs.2. The administration is willing to enforce tariffs at levels that match the rhetoric.I believe this second realization, i.e., the sheer levels of the tariffs the U.S. was willing to enact, was the primary catalyst that caused much…

The currency pair is trading lower today, hovering around the 1.0880 mark, reflecting a 0.25% decline. This downward movement is primarily driven by disappointing manufacturing data from the Eurozone and a stronger-than-expected performance from the U.S. economy, which has prompted traders to seek refuge in the U.S. dollar. Weak Eurozone Manufacturing Data Weighs on the Euro The recent from the Eurozone has been far from encouraging, putting a damper on investor sentiment toward the euro. According to the latest figures, Eurozone manufacturing activity contracted more than anticipated, signaling potential economic challenges for the region. The S&P Global Eurozone Manufacturing PMI…

GBP/USD Technicals Signal More Upside If Key Support at 1.3344 Holds

Treasury Secretary Scott Bessent said Tuesday that individual investors, who have largely been holding their positions through the recent market turmoil, have faith in President Donald Trump’s tariff policy.”Individual investors have held tight, while institutional investors have panicked … individual investors trust President Trump,” Bessent said during a press briefing alongside White House press secretary Karoline Leavitt.”Vanguard, one of the largest money management firms in America, said that over the past 100 days, 97% of Americans haven’t done a trade,” Bessent, a former hedge fund CEO, said, citing a Washington Post story with the data.Trump’s rollout and subsequent suspension of the…

B2PRIME Group, a global financial services provider for institutional and professional clients, has announced the appointment of Fernando Wladdimiro as its new Institutional Business Development Manager. He joins the company from State Street, where he held the role of Vice President – eFX Sales & Relationship Management.Fernando joins B2PRIME after more than 7 years at State Street, where he held the role of Vice President. At State Street’s GlobalLink division, Fernando played a dual role as both sales lead and relationship manager, overseeing a full spectrum of responsibilities—from developing sales strategies and managing complex implementations to onboarding high-value clients and…

According to Barclays’ month-end FX rebalancing model, strong dollar buying is indicated against the rest of the major currencies bloc for April. This comes after Trump’s reciprocal tariffs announcement led to massive selling in US equities and bonds during the month.”The clear outflows from all major US assets at a pace of c.3-4 standard deviations, dominated by US equities given their large market caps, mean our model has produced a strong dollar buying signal in April. The resulting price actions in the dollar may be dampened, however, should market players adjust their hedge ratios or portfolio allocation in dollar assets…

Created on April 28, 2025 XRP (XRP) price is up 7% on April 28 following news that the US Securities and Exchange Commission (SEC) has approved ProShares Trust’s proposal to launch three XRP futures-based exchange-traded funds (ETFs) on April 30.At the time of writing, XRP trades at $2.34, up 10% over the last seven days. Its trading volume has increased by 132% over the same period, reinforcing the intensity of the demand-side activity. Is XRP’s bull run back?ProShares’ XRP Futures ETFs: A New Investment FrontierProShares is launching three new futures-based XRP ETFs on April 30, following approval by the SEC,…

Created on April 28, 2025 Signals for the Lira Against the US Dollar TodayRisk 0.50%.Bullish Entry Points:Open a buy order at 38.05.Set a stop-loss order below 37.85.Move the stop-loss to the entry point and follow the profit with a price movement of 50 pips.Close half the contracts at a profit of 70 pips and leave the rest until the strong resistance levels at 40.50.Bearish Entry Points:Place a sell order for 40.35.Set a stop-loss order at or above 41.50.Move the stop loss to the entry point and follow the profit with a price movement of 50 pips.Close half the contracts at…