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US initial jobless claims 222K vs 222K expected
US initial jobless claims 222K vs 222K expected
The weekly US initial and continuing claims data
The USD is lower to start the new trading day vs the EURUSD, USDJPY and GBPUSD.
The USD is lower to start the new trading day vs the EURUSD, USDJPY and GBPUSD.
What technical levels are in play for the 3 major currency pairs to kickstart the US session?
Congress on the Clock: Can 2025 Deliver Real Crypto Reform in the US?
Congress on the Clock: Can 2025 Deliver Real Crypto Reform in the US?
News Discussion Forum
By Finance Magnates
Congress on the Clock: Can 2025 Deliver Real Crypto Reform in the US?
The legislative branch holds the keys to a stable and lasting regulatory framework.
JPY outperforming on mild risk off – Scotiabank
JPY outperforming on mild risk off – Scotiabank
Japanese Yen (JPY) is entering Thursday’s NA session with an impressive 0.8% gain, outperforming most of the G10 currencies on the back of mild risk aversion, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
BOJ
Japan
USDJPY
Banks
GBP sees modest gains – Scotiabank
GBP sees modest gains – Scotiabank
Pound Sterling (GBP) is up 0.5% against the US Dollar (USD) but marginally underperforming most of the G10 currencies within the context of broad-based USD weakness, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
Banks
GBPUSD
USD/JPY falls back to near 142.30 as USD’s relief recovery shrinks
USD/JPY falls back to near 142.30 as USD’s relief recovery shrinks
The USD/JPY pair retreats to near 142.30 during European trading hours on Thursday after a relief recovery move seen in the last two trading days. The pair falls back as the US Dollar Index (DXY) retraces after failing to extend its two-day recovery above the key level of 100.00.
USDJPY
Japan
UnitedStates
China
DollarIndex
EUR strengthens despite increasingly dovish comments from ECB – Scotiabank
EUR strengthens despite increasingly dovish comments from ECB – Scotiabank
Euro (EUR) is up 0.7% against the US Dollar (USD), a mid-performer among the G10 and strengthening within the context of a broadly weaker dollar driven by headlines related to trade, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
EURUSD
Banks
China: The Art of the No-Deal – ABN AMRO
China: The Art of the No-Deal – ABN AMRO
Following sharp escalation of US-China trade war in April, a direct export shock to the US is imminent. Exemptions for electronics, trade circumvention/reorientation and more support will mitigate this shock.
China
TradeWar
UnitedStates
Banks
AUDUSD
Forexlive European FX news wrap: China wants US to drop tariffs, markets still positive
Forexlive European FX news wrap: China wants US to drop tariffs, markets still positive
Forex news from the European morning session on Apr 24, 2025
Session wrap
Wrap Europe
German government expects economic stagnation in 2025
German government expects economic stagnation in 2025
In a report published on Tuesday, the German government said that it now expects the economy to stagnate in 2025, compared to the 0.3% growth projection in the previous estimate.
Recession
GDP
Germany
EconomicIndicator
Macroeconomics
AUD/USD bounces back to near 0.6400 as US Dollar’s recovery fizzle out
AUD/USD bounces back to near 0.6400 as US Dollar’s recovery fizzle out
The AUD/USD pair rebounds to near 0.6390 during European trading hours on Thursday. The Aussie pair recovers as the two-day recovery in the US Dollar (USD) has fizzled out despite ebbing fears of an intense trade war between the United States (US) and China.
AUDUSD
Fed
RBA
China
UnitedStates
US Dollar sees US economic data starting to get distorted
US Dollar sees US economic data starting to get distorted
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, trades lower, roughly 0.60% on Thursday. The knee-jerk reaction originates from United States (US) President Donald Trump and US Treasury Secretary Scott Bessent.
TradeWar
UnitedStates
SEO
Macroeconomics
DollarIndex
TMGM Showcases Successful Global Partners Program
TMGM Showcases Successful Global Partners Program
News Discussion Forum
By Finance Magnates
TMGM Showcases Successful Global Partners Program
The award-winning CFD broker highlights its established Partners Program, delivering exceptional earning potential and comprehensive support resources
Eurozone: Tariff reversal is some relief, but no game changer – ABN AMRO
Eurozone: Tariff reversal is some relief, but no game changer – ABN AMRO
High uncertainty continues to impact the eurozone economic recovery. The recovery is halted by tariffs in the near term; fiscal policy raises growth outlook in 2026 .
Growth
ECB
Europe
Eurozone
Banks
Octa Broker Wins the 'Best Proprietary Trading Platform 2025' Award
Octa Broker Wins the 'Best Proprietary Trading Platform 2025' Award
News Discussion Forum
By Finance Magnates
Octa Broker Wins the 'Best Proprietary Trading Platform 2025' Award
World Business Star Magazine recently announced the winners of its 2025 awards.
US: The US has already lost the trade war – ABN AMRO
US: The US has already lost the trade war – ABN AMRO
One of the primary objectives of the Trump administration’s (trade) policies is to become less dependent on China, but policy implementation is poorly aligned with overall goals and too erratic. The trade war hurts everyone, but it hurts the US more than other major economic players.
China
UnitedStates
Banks
Macroeconomics
DollarIndex
USD: Optimism over US tariff reversal helps the US dollar to rebound – MUFG
USD: Optimism over US tariff reversal helps the US dollar to rebound – MUFG
The U.S. dollar is regaining ground amid signals the Trump administration may ease trade tensions by reversing steep tariffs on Chinese imports and providing exemptions for key industries.
Technical Analysis
Banks
DollarIndex
USD/CHF recovery faces headwinds from Trump’s policies blunting SNB’s efforts – DBS
USD/CHF recovery faces headwinds from Trump’s policies blunting SNB’s efforts – DBS
USD/CHF broke below its two-year range between 0.84 and 0.92 this month. USD/CHF hit a decade-low of 0.8040 on April 21 before recovering to 0.83 in the past two sessions.
Technical Analysis
USDCHF
SNB
Banks
USD: PMI surveys signal global slowdown underway – MUFG
USD: PMI surveys signal global slowdown underway – MUFG
The negative impact of heightened policy uncertainty and fears over disruption from trade tariffs were evident in the latest PMI surveys released yesterday from the Europe and the US.
Technical Analysis
Fed
Banks
DollarIndex
XTB Targets 7 Million PEA Long-Term Investors Over 30,000 CFD Traders in France
XTB Targets 7 Million PEA Long-Term Investors Over 30,000 CFD Traders in France
News Discussion Forum
By Finance Magnates
XTB Targets 7 Million PEA Long-Term Investors Over 30,000 CFD Traders in France
Publicly listed Polish fintech XTB (WSE: XTB ) has added French PEA ( Plan d'Épargne en Actions ) accounts to its investment platform, marking another step in the company's strategy to attract long...
Why market positioning is a key ingredient to trading performance
Why market positioning is a key ingredient to trading performance
The magnitude of the market reaction to a repricing in expectations is generally driven by positioning
market overview
Pound Sterling recovers against US Dollar despite hopes on US-China trade deal
Pound Sterling recovers against US Dollar despite hopes on US-China trade deal
The Pound Sterling (GBP) holds initial gains near 1.3300 against the US Dollar (USD) in Thursday’s North American session.
Fed
SEO
BOE
GBPUSD
DollarIndex
Prop Firms and Broker Offerings Enhanced by Centroid’s EAERA Alliance and Match-Trader Risk Integration
Prop Firms and Broker Offerings Enhanced by Centroid’s EAERA Alliance and Match-Trader Risk Integration
News Discussion Forum
By Finance Magnates
Prop Firms and Broker Offerings Enhanced by Centroid’s EAERA Alliance and Match-Trader Risk Integration
Centroid Solutions and EAERA have entered into a strategic partnership aimed at supporting Forex brokers and proprietary trading firms.
Centroid Solutions
retail
retail FX
retail forex
proprietary trading
prop firms
Silver price today: Silver falls, according to FXStreet data
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data.
Silver
Metals
Commodities
Oil drops as OPEC+ output hike looms – Danske Bank
Oil drops as OPEC+ output hike looms – Danske Bank
Oil prices declined after reports emerged that OPEC+ is considering a major output increase in June, while Kazakhstan resists further production cuts to compensate for earlier overproduction.
Oil
OPEC
Energy
Banks
Nasdaq 100 rebounds sharply – Société Générale
Nasdaq 100 rebounds sharply – Société Générale
The Nasdaq 100 has staged a strong recovery from recent lows, forming a higher trough at 17600 points.
Equities
Nasdaq
Banks
Prop Firm For Traders Implements DXtrade to Add Futures Amid Shift Beyond CFDs
Prop Firm For Traders Implements DXtrade to Add Futures Amid Shift Beyond CFDs
News Discussion Forum
By Finance Magnates
Prop Firm For Traders Implements DXtrade to Add Futures Amid Shift Beyond CFDs
Prop Firm For Traders has integrated futures trading into its simulated trading platform through a partnership with Devexperts' DXtrade system, the companies announced today (Thursday).
dxTrade
prop firms
proprietary trading
devexperts
USD/CAD Price Forecast: Trades lower near 1.3850 after retreating from nine-day EMA
USD/CAD Price Forecast: Trades lower near 1.3850 after retreating from nine-day EMA
The USD/CAD pair retraces its gains from the previous session, trading around 1.3850 during the European session on Thursday. Daily chart technical analysis highlights a prevailing bearish trend, with the pair continuing its descent within a well-defined descending channel.
USDCAD
Technical Analysis
Majors
CAD: Relinked with USD before elections – ING
CAD: Relinked with USD before elections – ING
The Canadian Dollar (CAD) has suffered much less than any other G10 currency from the USD rebound since Monday, when it had instead remained flat despite widespread rallies against the US Dollar (USD), ING's FX analyst Francesco Pesole notes.
USDCAD
Banks
Technical Analysis
Canada
BOC
Gold price gains 1.50% after reciprocal tariffs are making a comeback
Gold price gains 1.50% after reciprocal tariffs are making a comeback
Gold price (XAU/USD) recovers from a two-day decline and traders around $3,335 at the time of writing on Thursday after two days of firm selling pressure since it topped at $3,500 on Tuesday.
TradeWar
UnitedStates
SEO
Gold
Commodities
FMAS:25 – Africa's Largest Trading Summit
FMAS:25 – Africa's Largest Trading Summit
News Discussion Forum
By Finance Magnates
FMAS:25 – Africa's Largest Trading Summit
FMAS:25 will be taking place in Cape Town on May 29-30.
South Africa
Copper: Risk-on mode – ING
Copper: Risk-on mode – ING
Copper prices extended gains as easing US-China trade tensions and assurances over Fed leadership boosted market sentiment. Trump’s mention of “substantial” tariff cuts sparked a risk-on rally, driving speculative net longs in Copper to a record high.
Metals
China
Copper
Commodities
Banks
“Reducing Spreads Will Impact Revenue, But It’s Strategic”: easyMarkets CEO
“Reducing Spreads Will Impact Revenue, But It’s Strategic”: easyMarkets CEO
News Discussion Forum
By Finance Magnates
“Reducing Spreads Will Impact Revenue, But It’s Strategic”: easyMarkets CEO
“As a market maker, spreads are a key part of our revenue model,” easyMarkets CEO Nikos Antoniades told FinanceMagnates.com following his decision to reduce spreads by 25 per cent across instruments.
USD: Turning tide on the options market – Commerzbank
USD: Turning tide on the options market – Commerzbank
Signs of skepticism can still be seen on the options market.
Technical Analysis
EURUSD
Banks
DollarIndex
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