Forex News & Analysis

Gold erases Friday's drop, range now defined

News Discussion Forum

By Forex Live

Gold erases Friday's drop, range now defined

Gold up $31 on the day

Gold

Reply

News Discussion Forum

By Forex Live

Crude oil settles at $62.05

Dow $0.97 or 1.54%

Oil

Reply

News Discussion Forum

By Forex Live

GBPUSD tests highs for the year.

High from 2024 not far away

GBP

Reply

Lutnick will be let out of the penalty box tomorrow

News Discussion Forum

By Forex Live

Lutnick will be let out of the penalty box tomorrow

He is scheduled to appear on CNBC during the 2 pm hour

Politics

Reply

US Dollar strugguling as markets await GDP and employment data

News Discussion Forum

By Fxstreet

US Dollar strugguling as markets await GDP and employment data

The US Dollar (USD) weakens slightly on Monday as markets kick off a busy week, overshadowed by skepticism surrounding United States (US) trade policy.

Currencies

SEO

DollarIndex

Reply

There is one Canadian election outcome that could hurt the loonie

News Discussion Forum

By Forex Live

There is one Canadian election outcome that could hurt the loonie

It's election night in Canada

Politics

CAD

Reply

White House: Talks with the UK are going in the right direction

News Discussion Forum

By Forex Live

White House: Talks with the UK are going in the right direction

Comments from the White House spokeswoman

GBP

USD

Reply

Estimates for Wednesday's US GDP report are all over the place

News Discussion Forum

By Forex Live

Estimates for Wednesday's US GDP report are all over the place

Wide dispersion

USD

Reply

Citi’s Former Exec Matthew Cousens Joins Clear Street as MD, Head Electronic Execution for EMEA

News Discussion Forum

By Finance Magnates

Citi’s Former Exec Matthew Cousens Joins Clear Street as MD, Head Electronic Execution for EMEA

Clear Street, a technology-driven prime brokerage and financial infrastructure firm, has tapped Matthew Cousens to lead its electronic execution operations across Europe, the Middle East, and Africa.

Clear Street

Reply

USDJPY falls to new lows. Tests 200 hour MA.

News Discussion Forum

By Forex Live

USDJPY falls to new lows. Tests 200 hour MA.

The low from Thursday found buyers near the 200 hour MA

USD

Reply

USD/CHF Price Analysis: Dollar weakens against Swiss franc amid bearish pressures

News Discussion Forum

By Fxstreet

USD/CHF Price Analysis: Dollar weakens against Swiss franc amid bearish pressures

During Monday's session, USD/CHF was seen trading near the lower end of its daily range, moving around the 0.82 area after dropping by nearly half a percent. The pair continues to face a bearish overall sentiment, reinforced by the performance of technical indicators.

Technical Analysis

Currencies

Majors

USDCHF

Reply

Crude oil is trading to new lows. Price is back below its 100 and 200 hour MAs

News Discussion Forum

By Forex Live

Crude oil is trading to new lows. Price is back below its 100 and 200 hour MAs

Retests/breaks below it's broken 38.2% retracement that $61.63

Oil

Reply

Gasparino: Holdup in Japan tariff deal is on commitment to buy oil

News Discussion Forum

By Forex Live

Gasparino: Holdup in Japan tariff deal is on commitment to buy oil

Oil

Reply

EUR/GBP Price Analysis: Pair holds neutral bias at the start of the week

News Discussion Forum

By Fxstreet

EUR/GBP Price Analysis: Pair holds neutral bias at the start of the week

After Monday’s European session, the EUR/GBP pair was seen trading near the 0.85 zone, having moved lower earlier in the day. The pair slipped moderately and remains neutral overall, staying contained within today’s trading range.

Crosses

Technical Analysis

Currencies

EURGBP

Reply

GCEX UK Reports £3.8 Million Revenue and Narrowed Loss in 2024, Thanks to Crypto CFDs

News Discussion Forum

By Finance Magnates

GCEX UK Reports £3.8 Million Revenue and Narrowed Loss in 2024, Thanks to Crypto CFDs

GCEX reports improved 2024 results with higher expenses, narrowing loss, driven by crypto CFDs, despite a significant rise in turnover.

GCEX

institutional

institutional broker

Reply

Scammers Hijack YouTube to Lure TradingView Users into Malware Traps

News Discussion Forum

By Finance Magnates

Scammers Hijack YouTube to Lure TradingView Users into Malware Traps

Scammers targeted the TradingView community with fake YouTube channels designed to trick users into downloading malware. According to the charting platform, these deceptive channels are expertly de...

tradingview

Reply

GBP/USD rallies and hovers near 1.3400 amid US Dollar weakness

News Discussion Forum

By Fxstreet

GBP/USD rallies and hovers near 1.3400 amid US Dollar weakness

The Pound Sterling begins the week positively set to end April strong, is up 0.65% as the Greenback continues to weaken and risk appetite improves. At the time of writing, the GBP/USD trades near 1.3400 after bouncing off daily lows of 1.3279.

Technical Analysis

Currencies

Majors

Macroeconomics

GBPUSD

Reply

Nasdaq trades to new lows. Sellers making a play after failing to reach the next target.

News Discussion Forum

By Forex Live

Nasdaq trades to new lows. Sellers making a play after failing to reach the next target.

The buyers fell short of the 50% midpoint target.

Nasdaq

Reply

EUR/USD Price Analysis: Euro holds gains after European session amid bullish signals

News Discussion Forum

By Fxstreet

EUR/USD Price Analysis: Euro holds gains after European session amid bullish signals

After the European session on Monday, EUR/USD was seen trading near the mid-1.13/1.14 area, maintaining a positive tone on the day with a modest gain. Despite the RSI holding a neutral stance and the MACD flashing a sell signal, the broader technical setup remains tilted to the upside.

Technical Analysis

Currencies

EURUSD

Majors

Bullish

Reply

Could the US trade war lead to lower global tariffs? – Standard Chartered

News Discussion Forum

By Fxstreet

Could the US trade war lead to lower global tariffs? – Standard Chartered

The optimism that US trade policies may lead to lower global tariffs is misplaced. The WTO under Trump is symptomatic of a wider crisis for multilateralism. Countries will face challenges lowering tariff rates given WTO MFN requirements.

US Elections

UnitedStates

Politics

Banks

Reply

The market needs the answer to this question: What are tariffs for?

News Discussion Forum

By Forex Live

The market needs the answer to this question: What are tariffs for?

Is Trump making trade deals or raising revenue for tax cuts?

Nasdaq

Reply

EURUSD moves above the 100 hour MA and runs higher.

News Discussion Forum

By Forex Live

EURUSD moves above the 100 hour MA and runs higher.

Can the price stay above the 100 hour MA now.

EUR

Reply

News Discussion Forum

By Forex Live

The dollar is back in the doghouse

Equities stabilize but the US dollar slackens

USD

Reply

AUDUSD trades to new highs and above a key swing area/MAs

News Discussion Forum

By Forex Live

AUDUSD trades to new highs and above a key swing area/MAs

The 0.6388 is near 100/200 hour MAs and a swing area ceiling near 0.6388.

AUD

USD

Reply

Dallas Fed manufacturing business index -35.8 vs -16.3 prior

News Discussion Forum

By Forex Live

Dallas Fed manufacturing business index -35.8 vs -16.3 prior

That's not a good number

USD

Reply

Induced atmospheric vibration was the cause of the Spanish power outage

News Discussion Forum

By Forex Live

Induced atmospheric vibration was the cause of the Spanish power outage

A rare atmospheric event cause the power outage and it could take up to a week to fix

EUR

Reply

GBPUSD extends to new highs. Back in upper extreme from last week.

News Discussion Forum

By Forex Live

GBPUSD extends to new highs. Back in upper extreme from last week.

Upper extreme for the GBPUSD between 1.33619 to 1.34233

GBP

USD

Reply

USD/JPY declines to near 143.00 as Japanese Yen outperforms, BoJ policy in focus

News Discussion Forum

By Fxstreet

USD/JPY declines to near 143.00 as Japanese Yen outperforms, BoJ policy in focus

The USD/JPY pair falls sharply to near 143.00 during North American hours on Monday. The pair declines as the Japanese Yen (JPY) trades strongly at the start of the week, with investors awaiting the monetary policy announcement by the Bank of Japan (BoJ) on Thursday.

China

UnitedStates

BOJ

USDJPY

InterestRate

Reply

News Discussion Forum

By Forex Live

The US consumer hasn't cracked yet

But it could be tariff front-running

USD

Reply

Kraken Adds Over US Stocks and ETFs in Collaboration with Broker Dealer Alpaca

News Discussion Forum

By Finance Magnates

Kraken Adds Over US Stocks and ETFs in Collaboration with Broker Dealer Alpaca

Kraken expanded its offering in the US securities through a collaboration with Alpaca, a self-clearing broker-dealer known for its API-first brokerage platform.

Kraken

Reply

ECB's Rehn: We should not rule out rate cuts below neutral rate

News Discussion Forum

By Fxstreet

ECB's Rehn: We should not rule out rate cuts below neutral rate

European Central Bank (ECB) policymaker Olli Rehn said on Monday that underlying inflationary pressures in the Eurozone are easing, per Reuters.

ECB

CentralBanks

Reply

USDCHF holds above key support but buyers need to push higher

News Discussion Forum

By Forex Live

USDCHF holds above key support but buyers need to push higher

USDCHF showing bullish bias in short-term with buyers defending key support levels, need to break past resistance for more upside potential.

CHF

USD

Reply

ECB’s de Guindos: Incoming data suggest modest growth in the first quarter of 2025

News Discussion Forum

By Fxstreet

ECB’s de Guindos: Incoming data suggest modest growth in the first quarter of 2025

European Central Bank Vice President Luis de Guindos told European lawmakers in Brussels on Monday that incoming data suggest that the Eurozone economy grew at a modest pace in the first quarter of 2025, per Reuters.

ECB

CentralBanks

Macroeconomics

Reply

Pakistan defense minister: Military incursion by India is imminent

News Discussion Forum

By Forex Live

Pakistan defense minister: Military incursion by India is imminent

Says countries should refrain from using nuclear weapons

Politics

Reply

USDCAD tests 100/200 hour MA downside target

News Discussion Forum

By Forex Live

USDCAD tests 100/200 hour MA downside target

The 100 and 200 hour MAs are near each other at 1.3855

CAD

USD

Reply

ECB's Rehn: More cuts forecast correct if outlook shows undershoot of 2% inflation

News Discussion Forum

By Forex Live

ECB's Rehn: More cuts forecast correct if outlook shows undershoot of 2% inflation

Not exactly groundbreaking stuff

EUR

Reply

LCG UK Returns to Profit with £478K in 2024, Rebounding from £6M Loss

News Discussion Forum

By Finance Magnates

LCG UK Returns to Profit with £478K in 2024, Rebounding from £6M Loss

London Capital Group (LCG) has announced a statutory profit of £478,000 for 2024, a significant turnaround from the £6.03 million loss recorded in 2023, Finance Magnates learned from a LinkedIn pos...

retail

retail brokers

retail forex

retail FX

lcg

LCG Capital

Reply

News Discussion Forum

By Forex Live

Dow Futures Analysis for Today

Specific bullish and bearish scenarios for Dow Jones futures today, with precise profit targets to guide your trading strategy. Trade with confidence while closely monitoring market behavior at critical price levels.

TradeCompass

Dow Jones Technical Analysis

Reply