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USD/CAD continues to hold 1.3800 on slight optimism in US-China trade war de-escalation
USD/CAD continues to hold 1.3800 on slight optimism in US-China trade war de-escalation
The USD/CAD pair moves slightly higher to near 1.3855 during North American trading hours on Tuesday. The Loonie pair gains as the US Dollar (USD) ticks higher, with investors turning slightly optimistic on de-escalation in the trade war between the United States (US) and China.
Canada
GDP
China
TradeWar
USDCAD
AUDUSD breaches critical support, signaling bearish shift. Risk is now 0.6395 for sellers
AUDUSD breaches critical support, signaling bearish shift. Risk is now 0.6395 for sellers
AUDUSD breaks below key support zone, signaling a bearish shift in short-term bias. Sellers gain momentum as price targets lower levels, with focus on 0.6321-0.6343 range
AUD
USD
Goldman Sachs: Revising our USD/CAD forecasts lower
Goldman Sachs: Revising our USD/CAD forecasts lower
Goldman Sachs sees USD/CAD falling to 1.34
China waives tariffs on US ethane imports – Reuters
China waives tariffs on US ethane imports – Reuters
Citing two sources familiar with the matter, Reuters reported on Tuesday that China has decided to waive the 125% tariff on ethane imports from the United States imposed earlier this month.
Oil
China
UnitedStates
Macroeconomics
US CB Consumer Confidence Index dropped to 86.0 in April
US CB Consumer Confidence Index dropped to 86.0 in April
US consumer sentiment extended its decline in April, as the Conference Board’s Consumer Confidence Index fell from 93.9 (revised from 92.9) to 86.0—its weakest reading since April 2020.
ConsumerConfidence
UnitedStates
EconomicIndicator
Macroeconomics
US April consumer confidence 86.0 vs 87.5 expected
US April consumer confidence 86.0 vs 87.5 expected
April consumer confidence data from The Conference Board
Still Investing or Already Binary Options Gambling? Event Contracts Are Set to Become a “Trillion Dollar Asset Class”
Still Investing or Already Binary Options Gambling? Event Contracts Are Set to Become a “Trillion Dollar Asset Class”
News Discussion Forum
By Finance Magnates
Still Investing or Already Binary Options Gambling? Event Contracts Are Set to Become a “Trillion Dollar Asset Class”
Explore the controversial world of event contracts: a trillion-dollar prediction market or just gambling in disguise? Regulators battle as Robinhood and Kalshi push the boundaries between investing and betting.
Kalshi
robinhood
Interactive Brokers
CME Group
crypto.com
event contracts
Binary event contracts
USDCHF consolidates between key moving averages after rebound stalls near retracement
USDCHF consolidates between key moving averages after rebound stalls near retracement
USDCHF stuck between key moving averages after failed rebound; Breakout needed for short-term bias shift
CHF
USD
USD/JPY holds above 142.00 ahead of US JOLTS Job Openings data, BoJ policy eyed
USD/JPY holds above 142.00 ahead of US JOLTS Job Openings data, BoJ policy eyed
The USD/JPY pair ticks higher to near 142.30 during the North American session on Tuesday. The pair edges up as the US Dollar (USD) steadies ahead of the United States (US) JOLTS Job Openings data for March, which will be published at 14:00 GMT.
TradeWar
Fed
BOJ
USDJPY
DollarIndex
US stock futures slide after Bessent
US stock futures slide after Bessent
Some were hoping for more from the Treasury Secretary
Politics
How High Will Bitcoin Go? 3 New BTC Price Predictions for 2025 Suggest $120K–$210K Range
How High Will Bitcoin Go? 3 New BTC Price Predictions for 2025 Suggest $120K–$210K Range
News Discussion Forum
By Finance Magnates
How High Will Bitcoin Go? 3 New BTC Price Predictions for 2025 Suggest $120K–$210K Range
Bitcoin News: Bitcoin price predictions for 2025 are heating up, with models targeting $120,000 to $210,000. Explore what’s driving these bold BTC forecasts.
bitcoin
Bitcoin Price
BTC
Bitcoin (BTC)
US Treasury Sec. Bessent: Trump creating strategic uncertainty in negotiations
US Treasury Sec. Bessent: Trump creating strategic uncertainty in negotiations
United States (US) Treasury Secretary Scott Bessent said on Tuesday that President Donald Trump is creating "strategic uncertainty" in trade negotiations, per Reuters.
China
UnitedStates
Macroeconomics
Currency.com Eyes Institutional Market with Investment From N7 Capital
Currency.com Eyes Institutional Market with Investment From N7 Capital
News Discussion Forum
By Finance Magnates
Currency.com Eyes Institutional Market with Investment From N7 Capital
Currency.com, a platform operating at the intersection of crypto, trading, and payments, is in talks with N7 Capital. The firm has signed a Letter of Intent with an investor linked to CXNEST LTD, C...
Crude Oil Analysis Today (29 April, 2025)
Crude Oil Analysis Today (29 April, 2025)
The latest analysis of the day on crude oil futures, indicating strong bearish sentiment. Key resistance levels and strategic trading recommendations revealed for traders seeking to navigate this volatile market. Watch these exact prices for guidance...
Circle Secures In-Principle Abu Dhabi Approval as It Pursues NYSE IPO
Circle Secures In-Principle Abu Dhabi Approval as It Pursues NYSE IPO
News Discussion Forum
By Finance Magnates
Circle Secures In-Principle Abu Dhabi Approval as It Pursues NYSE IPO
Circle, the company behind the USDC stablecoin, has received in-principle approval from the FSRA of Abu Dhabi Global Market (ADGM).
Circle
Abu Dhabi
license
USDC
crypto
cryptocurrency
The USD is higher vs 3 major pairs to start the new US day & back between 100/200 hour MAs
The USD is higher vs 3 major pairs to start the new US day & back between 100/200 hour MAs
Traders are waiting for the next shove for each of the 3 major pairs - the EURUSD, USDJPY and GBPUSD
Forexlive European FX news wrap: Markets await Bessent and Lutnick
Forexlive European FX news wrap: Markets await Bessent and Lutnick
Forex news from the European morning session on Apr 29, 2025
Session wrap
Wrap Europe
JPY underperforming along with haven peer CHF – Scotiabank
JPY underperforming along with haven peer CHF – Scotiabank
The Japanese Yen (JPY) weakened by 0.5% against the dollar, underperforming even fellow haven currencies, as markets brace for soft domestic data and upcoming US-Japan trade negotiations.
Technical Analysis
USDJPY
Banks
Fundamental Analysis
GBP fades modestly from fresh multiyear high – Scotiabank
GBP fades modestly from fresh multiyear high – Scotiabank
Pound Sterling (GBP) soft, down 0.3% against the US Dollar (USD) and trading in tandem with EUR in an environment of broad-based USD strength, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
Banks
GBPUSD
ECB's Kazaks: Step-by-step rate cuts may continue
ECB's Kazaks: Step-by-step rate cuts may continue
Comments from the ECB policymaker Kazaks
EUR: ECB CPI expectations surprise w/ markets still pricing June cut – Scotiabank
EUR: ECB CPI expectations surprise w/ markets still pricing June cut – Scotiabank
Euro (EUR) is soft, down 0.3% against the US Dollar (USD) and a mid-performer among the G10 in an environment of broad-based USD strength, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
EURUSD
Banks
Silver Price Forecast: XAG/USD rises to near $33.30, capitalizes on US-China trade uncertainty
Silver Price Forecast: XAG/USD rises to near $33.30, capitalizes on US-China trade uncertainty
Silver price (XAG/USD) trades higher to near $33.30 during European trading hours on Tuesday. The white metal gains as investors start doubting whether de-escalation in the trade war between the United States (US) and China is underway.
Silver
China
Fed
UnitedStates
XAGUSD
Google Lifts IG France’s Ads Restriction after 7 Years, Account Openings Double
Google Lifts IG France’s Ads Restriction after 7 Years, Account Openings Double
News Discussion Forum
By Finance Magnates
Google Lifts IG France’s Ads Restriction after 7 Years, Account Openings Double
Ambroise Lion, the Managing Director of IG Group’s French entity, has revealed that monthly visibility and account openings have doubled after Google lifted an ad restriction against the online bro...
IG Group
IG
CAD steady despite election delivering another minority government – Scotiabank
CAD steady despite election delivering another minority government – Scotiabank
The Canadian election results brought disappointment for pretty much everyone—the Liberals won, but are short of a majority, the Conservatives saw a jump in popular support but their leader failed to hold his own riding while both the NDP and Bloc lost heavily, Scotiabank's Chief FX Strategist Shaun
Technical Analysis
Canada
BOC
USDCAD
Banks
AUD/USD retreats after failing to hold multi-month high – BBH
AUD/USD retreats after failing to hold multi-month high – BBH
AUD/USD trimmed gains after testing resistance near 0.6450, as market attention shifts to upcoming Q1 CPI data.
Technical Analysis
RBA
Currencies
Banks
AUDUSD
US Dollar erases gains after White House labels Amazon as hostile and political
US Dollar erases gains after White House labels Amazon as hostile and political
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is having a knee jerk reaction on the back of comments from United States (US) Treasury Secretary Scott Bessent and White House Press Secretary Karoline Leavitt.
TradeWar
UnitedStates
SEO
Macroeconomics
DollarIndex
USD edges firmer on the day – Scotiabank
USD edges firmer on the day – Scotiabank
The USD is tracking a little higher on the day so far, reversing some of yesterday’s losses, following news that President Trump will make some concessions on auto tariffs due to come into effect on May 3rd.
Technical Analysis
Fed
Banks
DollarIndex
GBP/USD pulls back after multi-month high – BBH
GBP/USD pulls back after multi-month high – BBH
GBP/USD slipped from recent highs as UK retail price data confirmed ongoing deflation in shop prices, despite a pickup in food inflation.
UnitedKingdom
Inflation
BOE
Banks
GBPUSD
USD/CAD: US auto tariffs & Canadian election result in focus – MUFG
USD/CAD: US auto tariffs & Canadian election result in focus – MUFG
The US Dollar has strengthened modestly overnight against other G10 currencies as it continues to consolidate at lower levels following the heavy sell-off during this month.
Technical Analysis
Canada
USDCAD
Banks
Incoming US data to keep the pressure on the USD – DBS
Incoming US data to keep the pressure on the USD – DBS
The DXY Index depreciated by 0.5% to 98.9 overnight after failing to push above 100 in the past three sessions. The Fed has entered a blackout period ahead of next week’s FOMC meeting.
Technical Analysis
Fed
Banks
DollarIndex
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