Current news is English only but we will be adding multilingual news - check back soon.

USD/CAD holds positive ground near 1.4400 ahead of BoC, Fed rate decisions
The USD/CAD pair trades with mild gains around 1.4400 during the early Asian session on Wednesday.
USDCAD
Majors
Macroeconomics
Fed
BOC

Commerzbank raised its gold price forecast for the end of Q1 2025 to $2,700 (prior 2600)
Revised forecast for gold
Gold

U.S. Navy bans use of DeepSeek AI - citing ‘security and ethical concerns’
Banned for personal and work use
General

RBNZ's Conway says policy committee confident inflation will abate
Reserve Bank of New Zealand chief economist Conway: Easing domestic pricing intentions and a drop in inflation expectations will help open the way for some further easing of the OCR, as signalled in November.
RBNZ
NZD

Trump will pay federal workers through to September 30 if they resign by February 6
Free money from Trump?
Politics

Oil - private survey of inventory shows a headline crude oil build less than expected
This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.
Oil

Australia’s CPI inflation steadies at 0.2% QoQ in Q4 vs. 0.3% expected
Australia will release fresh inflation-related data on Wednesday, and financial markets anticipate price pressures eased further at the end of 2024, paving the way for a Reserve Bank of Australia (RBA) interest rate cut when it meets in February.
AUDUSD
CPI
RBA
Sentiment

The noob heading to the BOJ monetary policy board is a big supporter of higher rates
Japan's PM Ishiba has nominated a supporter of policy normalization to join the Bank of Japan’s board at the end of March.
BOJ


Forexlive Americas FX news wrap: Tech bounces back ahead of the FOMC
Forex news for North American trading on Jan 28, 2025
Session wrap
Wrap Nth America

Economic calendar in Asia Wednesday, January 29, 2025 - Australian inflation data, Q4 2024
The quarterly CPI data from Australia will be eyed for its impact on the likelihood of a February Reserve Bank of Australia rate cut
RBA
economic calendar

Trade ideas thread - Wednesday, 29 January, insightful charts, technical analysis, ideas
Join the discussion and stay ahead in the forex market.
USD


DeepSeek’s Stunning AI Leap: Is Silicon Valley’s Reign Over?
The global AI race just got more competitive, and it has nothing to do with Silicon Valley. Chinese startup DeepSeek, with its revolutionary AI models, has challenged the established AI hierarchy.
DeepSeek
AI

Not a heck of a lot is going on in the major currency pairs
What technical levels are in play in some of the major currency pairs.
USD

Forex Today: It is not the Fed’s decision, it is the message
The US Dollar regained balance and rebounded sharply, helped by the modest rebound in US yields and another tariffs story, all ahead of the key FOMC event on Wednesday.
Fed
DollarIndex
EURUSD
Currencies
InterestRate

A rate cut is 99% priced in for Wednesday's Bank of Canada meeting. Bigger questions loom
March is a bigger question mark
CAD

White House Press Secretary says the Feb 1 date for tariffs on Canada and Mexico remains
February 1 is Saturday but the market isn't taking the threat seriously
Politics

Canadian Dollar bets coil ahead of central bank double-header
The Canadian Dollar (CAD) stuck to familiar levels on Tuesday, treading water as Loonie traders buckle down for the wait to this week’s double-header of key central bank showings.
USDCAD
SEO
BOC
Fed


US treasury auctions offer 7-year notes at a high yield of 4.457%
WI level at the time of the auction 4.466%
USD

US treasury to auction off $44 billion of 7 year notes at the top of the hour
Auction will complete the coupon issuance for the week ahead of the FOMC decision tomorrow
USD

The US broader stock indices stretch to new highs
Retraces some of the declines from yesterday
Stocks

MetaQuotes Adds The Kingdom Bank to MT 5 Payments for Fund Transfers and Deposits
The Kingdom Bank, a digital-asset friendly international bank, has joined the MetaTrader 5 Payments service as a new payment service provider.
metaquotes
retail
fintech
mt5
The Kingdom Bank

Binance Faces Fresh Trouble in France: Probe Alleges Fraud, Money Laundering
Binance is facing yet another regulatory storm in France.

Coinbase Expands in Argentina with VASP Registration and Local Leadership
Coinbase received approval from Argentina’s National Securities Commission (CNV), granting it a Virtual Asset Service Provider (VASP) registration.
coinbase
crypto
VASP
Argentina


AUDUSD tilts the bias to the downside. Back below the 200 hour MA
The break higher last week falls.
AUD

Tradu Names Philip Manning as Chairman of the UK Board
Tradu, the multi-asset trading platform, appointed seasoned financial expert Philip Manning as the Chairman of its UK Board. Philip Manning's extensive 45-year career in financial services has seen...
Tradu

Musk's X Introduces X Money Account for Peer-to-Peer Payments with Visa
Elon Musk’s social media platform X has announced the launch of a digital wallet and peer-to-peer payment services in partnership with Visa.
Visa
Twitter
X Social Media
elon musk
fintech


Canada planning covid-style stimulus if US enacts tariffs in bid to avoid early election
Liberal government floats covid-style relief
CAD

Silver rally may catalyze CTA buying activity – TDS
A rally in Silver markets will catalyze large-scale CTA buying activity, TDS’ Senior Commodity Strategist Daniel Ghali notes.
Silver
Banks
XAGUSD

US January consumer confidence 104.1 vs 105.6 expected
US January 2024 consumer confidence data from the Conference Board
USD

Richmond Fed composite index for January -4 versus -13 estimate
Richmond Fed indices for January 2024
Fed

Interactive Brokers Automates with Pirum’s CoacsConnect, Handling $4 Billion Daily
Pirum specializing in securities finance automation, management, announced today that Interactive Brokers has implemented its CoacsConnect solution.
Interactive Brokers
InteractiveBrokers
retail
retail brokers

Fed: Placeholder assumptions – Rabobank
The Fed is likely to keep the target range for the federal funds rate unchanged at 4.25-4.50% this week, Rabobank’s Senior US Strategist Philip Marey notes.
Fed
InterestRate
Banks