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More info on US 25% steel tariffs would stack on other levies on Canada
Would total 50%
CAD


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Japan's fin min Kato says will assess, respond to US tariffs
Japan finance minister Kato
JPY


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US media report says its all over for Powell - 'lame duck', but he'll still serve his term
Seems a bit of a pointless article, but it does nominate Kashkari as the best replacement
Fed


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White House says 25% steel tariffs would stack on top of other levies
Reuters cite Canadian media for the info
Politics
USD


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Forex Live
NVDA Stock Analysis: Crucial Juncture for Traders
Discover key technical signals in NVDA stock analysis as it reaches a critical junction. Learn about modified Schiff pitchfork, bear flag patterns, and watch the technical analysis video for what may come next.
Stocks


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Forex Live
Trump trade adviser: Australia 'killing aluminium market' - blow to tariff exemption hope
Trump's trade adviser Navarro says volume of US imports of primary aluminium from Australia has surged
AUD


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Forex Live
More from Fed's Williams - says he is less worried about inflation expectations
Williams is head of the New York branch of the Federal Reserve
Fed


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Summers: Very real possibility the next Fed move is going to be upwards on interest rates
Says this is probably the most sensitive moment we’ve had for an escalation in inflation since the policy errors of 2021 that set off the significant inflation that we had.
Fed


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Forex Live
MUFG analysts forecast that USD/JPY could decline to 140
And say that Bank of Japan Rate Hikes in September and December May Be Justified on Wages
BOJ
JPY


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Forex Live
Economic calendar in Asia 12 February 2025
Asian Economic Calendar: Key Events and Consensus Expectations for 12 February 2025
economic calendar


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Trade ideas thread - Wednesday, 12 February, insightful charts, technical analysis, ideas
Join the discussion and stay ahead in the forex market.
USD


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Forex Live
More from Fed's Williams: The longer run trends are more neutral for inflation
Williams is head of the New York branch of the Federal Reserve
Fed


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Finance Magnates
Musk Wants OpenAI, Sam Altman Fires Back: "No Thanks, But We'll Buy Twitter If You Want"
Elon Musk wants to buy OpenAI, but Sam Altman isn’t selling. The ChatGPT-maker’s CEO dismissed a $97.4 billion bid from a Musk-led consortium, according to the BBC.
elon musk


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Forex Live
Forexlive Americas FX news wrap: No new talking points from Powell
Forex news for North American trading on Feb 11, 2025
Session wrap
Wrap Nth America


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Forex Live
US major indices close mixed. NASDAQ lower. S&P near unchanged, DJIA higher
US major indices close with varied results. NASDAQ ends lower while S&P holds steady and DJIA posts gains. Meta shares continue upward trend.
Stocks


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More on what to watch for in Wednesday's US CPI report
A couple of views
USD


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Finance Magnates
MultiBank Expands Trading Portfolio with UAE CFDs on MetaTrader 5
MultiBank Group introduced UAE Contracts for Difference (CFD) on its app and MT5 platform to enable investors to trade Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) shares.
MultiBank Group


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Fed's Williams: US to grow by around 2% this year and next
Comments from the NY Fed President
Fed


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NZDUSD and AUDUSD head into the Asian Pacific session near resistance targets
NZDUSD stalls the rally near the 100 hour MA. The AUDUSD stalls at swing area high
AUD
NZD


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Crude oil settles up $1.00 at $73.32.
The high reached $73.68. The low was at $72.31
Oil



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Meta is up 17-straight days, laid off 5% of the company and most still think jobs are safe
It's going to be a bloodbath
Stocks


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Finance Magnates
DealHub Strengthens Leadership to Accelerate Growth and Power Revenue AI Innovation
DealHub.io, the leading Revenue AI platform, today announced a strategic leadership transition to drive its next phase of growth and innovation.
AI


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Finance Magnates
Best Crypto Presale For Investment – A Beginner's Guide
The most successful projects in the crypto sector often deal with practical problems.
crypto


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Forex Live
US stocks battle back into positive territory, US dollar loses ground
GBP, EUR and CAD particularly strong
USD


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Geopolitical:Iran's UN envoy says trump threatening use of force is alarming/irresponsible
Iran expresses concern to UN Security Council over Trump's irresponsible use of force threats, calling them violations of international law and urging Council action.
USD


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US treasuries auctions $58 billion of 3-year notes at a high yield of 4.300%
WI level at the time of the auction 4.313%
USD


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Russia military jet intruded on Polish airspace
The geopolitical risks are heating up a bit
USD


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ECB Schnabel: Uncertainty in trade has risen dramatically
Stating the obvious
ECB


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Geopolitics: Netanyahu says intense fighting will resume if hostages are not returned
Saturday is the deadline
USD


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Stocks have taken a turn back to the downside
Nasdaq index trades to new session lows
Stocks


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European major indices close higher on the day
Gains led by the Italy's FTSE MIB and German DAX
Stocks


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Trump sends Bessent to Ukraine, says the war must end soon
Odd to send the Treasury Secretary
Politics


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EURUSD and GBPUSD both test the 100/200 hour MAs. Key technical level for both pairs.
EURUSD & GBPUSD both test 100/200 hour MAs, key levels to watch. Traders eyeing potential reversals for profit.
GBP
EUR
USD


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Bank of Canada appoints Michelle Alexopoulos to governing council
Alexopoulos will be an external governor for two years
BOC


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AUDUSD has seen up and down trading today. The price is testing swing area resistance.
The swing area between 0.6287 and 0.6301 in the AUDUSD is being tested.
AUD
USD


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Powell Q&A: Don't see any reason to be in a hurry to lower rates
Powell answers questions following his testimony
Fed


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Forex Live
USDCHF rallies towards key resistance swing area.
A break above the swing area of 0.9128-0.92368 will push pair to 2025 upper extremes
CHF
USD


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Federal Reserve Chair Powell signaled banking regulations might be due for reassessment.
What Did Powell Say?
Crypto


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Finance Magnates
Exclusive Markets Opens New Office in Dubai to Expand MENA Presence
Exclusive Markets has officially launched a new representative office in Dubai, located at One Central, Dubai World Trade Centre.