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China continues to shut the door on Trump in the tariffs war
China continues to shut the door on Trump in the tariffs war
If Trump was trying to work an angle last week, China is not going to make it easy
Politics
Tesla Share Price Prediction Suggests 34% Surge as Elon Musk’s TSLA Sees Biggest Rally in 6 Months
Tesla Share Price Prediction Suggests 34% Surge as Elon Musk’s TSLA Sees Biggest Rally in 6 Months
News Discussion Forum
By Finance Magnates
Tesla Share Price Prediction Suggests 34% Surge as Elon Musk’s TSLA Sees Biggest Rally in 6 Months
Tesla News: Tesla share price forecasts predict up to 34% growth, with analysts bullish after TSLA’s strongest rally in six months. Discover what’s driving Tesla’s stock surge in 2025.
tesla
Tesla News
elon musk
XRP in the Spotlight: Brazil Greenlights Spot ETF, US Next?
XRP in the Spotlight: Brazil Greenlights Spot ETF, US Next?
News Discussion Forum
By Finance Magnates
XRP in the Spotlight: Brazil Greenlights Spot ETF, US Next?
Brazil approves XRP spot ETF as US hopes rise. Legal battles, ETF buzz, and market moves keep XRP traders on their toes as XRP outperforms the market.
XRP
etfs
AUD/JPY trades below 92.00, edges lower due to RBA rate cut expectations
AUD/JPY trades below 92.00, edges lower due to RBA rate cut expectations
AUD/JPY pauses its three-day winning streak, trading near 91.80 during early European hours on Monday.
AUDJPY
Crosses
Macroeconomics
Japan
Australia
China’s Foreign Ministry: President Xi and Trump did not have call recently
China’s Foreign Ministry: President Xi and Trump did not have call recently
The Chinese Foreign Ministry reiterated on Monday that President Xi Jinping and US President Donald Trump did not have a call recently.
China
TradeWar
UnitedStates
AUDUSD
Forex Today: Markets remain calm to start week full of key data releases
Forex Today: Markets remain calm to start week full of key data releases
Here is what you need to know on Monday, April 28:
Currencies
Majors
EconomicIndicator
Commodities
Macroeconomics
South Korea says no chance to reach trade deal with US before next presidential election
South Korea says no chance to reach trade deal with US before next presidential election
The next presidential election in South Korea will take place on 3 June
Politics
EUR/INR: Indian Rupee cross rates mixed at the start of the European session
EUR/INR: Indian Rupee cross rates mixed at the start of the European session
Indian Rupee (INR) crosses trade mixed at the start of Monday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 96.56, with the EUR/INR pair declining from its previous close at 97.03.
USDJPY Technical Analysis – The positive sentiment keeps weighing on the JPY
USDJPY Technical Analysis – The positive sentiment keeps weighing on the JPY
The USDJPY continues to edge higher supported by optimistic expectations around more de-escalation on the trade wars front. What’s next?
JPY
USD
Forex Broker Nearly Collapsed Due to Dollar Crash, Competitor Acquires It for 4% of Value
Forex Broker Nearly Collapsed Due to Dollar Crash, Competitor Acquires It for 4% of Value
News Discussion Forum
By Finance Magnates
Forex Broker Nearly Collapsed Due to Dollar Crash, Competitor Acquires It for 4% of Value
Foreign exchange (FX) broker Argentex has agreed to be acquired by rival IFX Payments in a deal valuing the troubled company at approximately £3 million, following a severe liquidity crunch trigger...
IFX Payments
Acquisition
Market Outlook for the week of April 28th - May 2nd
Market Outlook for the week of April 28th - May 2nd
The highlights of the week include the Australian inflation data, the BoJ monetary policy announcement and the U.S. labor market figures
JPY
AUD
USD
Plus500 Sees 16% Drop in New Customers as Revenue and EBITDA Decline Year-Over-Year in Q1 2025
Plus500 Sees 16% Drop in New Customers as Revenue and EBITDA Decline Year-Over-Year in Q1 2025
News Discussion Forum
By Finance Magnates
Plus500 Sees 16% Drop in New Customers as Revenue and EBITDA Decline Year-Over-Year in Q1 2025
Plus500 reported a 13% quarter-over-quarter revenue increase in Q1 2025, prompting the company to raise its full-year outlook above current market expectation.
USD/CHF softens below 0.8300 amid US trade confusion
USD/CHF softens below 0.8300 amid US trade confusion
The USD/CHF pair attracts some sellers to near 0.8270 during the early European session on Monday. Trade-related uncertainties between the US and China and persistent geopolitical risks boost the safe-haven demand, benefiting the Swiss Franc (CHF).
Majors
USDCHF
Macroeconomics
Acetop UK Posts 160% Jump in Trading Volumes to $12B, Driven by Record Spot Gold Prices
Acetop UK Posts 160% Jump in Trading Volumes to $12B, Driven by Record Spot Gold Prices
News Discussion Forum
By Finance Magnates
Acetop UK Posts 160% Jump in Trading Volumes to $12B, Driven by Record Spot Gold Prices
Acetop Financial Limited, a London-based provider of online over-the-counter (OTC) leveraged derivatives, reported a 160% increase in total trading volumes in 2024, propelled primarily by heightene...
Acetop
2024
gold
Eurostoxx futures flat in early European trading
Eurostoxx futures flat in early European trading
A more tentative mood ahead of the open later
Stocks
What are the main events for today?
What are the main events for today?
Nothing on the agenda today but keep an eye on tariff related headlines
market overview
ECB's Villeroy: We still have a margin for rate cuts in Europe
ECB's Villeroy: We still have a margin for rate cuts in Europe
European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Monday that the central bank still has “a margin for rate cuts in Europe.”
ECB
EURUSD
CentralBanks
InterestRate
Exclusive: FxPro’s COO Yiannos Xenophontos Departs, Joins Equiti
Exclusive: FxPro’s COO Yiannos Xenophontos Departs, Joins Equiti
News Discussion Forum
By Finance Magnates
Exclusive: FxPro’s COO Yiannos Xenophontos Departs, Joins Equiti
Yiannos Xenophontos has left FxPro after over 14 years to join the Dubai offices of Equiti as the Group Head of Trading, FinanceMagnates.
EUR/GBP moves away from multi-week low,  lacks bullish conviction and remains below mid-0.8500s
EUR/GBP moves away from multi-week low, lacks bullish conviction and remains below mid-0.8500s
The EUR/GBP cross attracts some buyers during the Asian session on Monday, though it lacks bullish conviction and remains close to a nearly three-week low around the 0.8510 region touched on Friday. Spot prices currently trade just below mid-0.8500s, up less than 0.10% for the day.
ECB
Currencies
TradeWar
BOE
EURGBP
Bullish
ECB's Villeroy: We still have a margin for rate cuts in Europe
ECB's Villeroy: We still have a margin for rate cuts in Europe
Remarks by ECB policymaker, Francois Villeroy de Galhau
GBP/USD Price Forecast: Finds support near 1.3300 after breaking below ascending channel
GBP/USD Price Forecast: Finds support near 1.3300 after breaking below ascending channel
The GBP/USD pair steadies around 1.3320 during Asian trading hours on Monday, after posting losses in the previous session. Technical analysis on the daily chart suggests a weakening bullish trend, as the pair breaks below its ascending channel pattern.
GBPUSD
Technical Analysis
Majors
China president Xi reportedly set for Shanghai visit later this week
China president Xi reportedly set for Shanghai visit later this week
It will be Xi's first visit to Shanghai since November 2023
EUR/USD Price Forecast: Keeps bullish vibe, first upside target emerges near 1.1400
EUR/USD Price Forecast: Keeps bullish vibe, first upside target emerges near 1.1400
The EUR/USD pair trades on a flat note around 1.1360 during the Asian session on Monday. The Greenback steadies as traders are confused by mixed signals on US-China trade relations.
EURUSD
Majors
Technical Analysis
Bullish
A quiet one on the agenda in Europe to start the week
A quiet one on the agenda in Europe to start the week
A light one on the data docket for today
economic calendar
EUR/JPY slips below 163.00 as trade-related uncertainties benefit the safe-haven JPY
EUR/JPY slips below 163.00 as trade-related uncertainties benefit the safe-haven JPY
The EUR/JPY cross kicks off the new week on a weaker note and moves away from over a three-week top, around the 163.75 area touched on Friday. The downward trajectory drags spot prices back below the 163.00 mark during the Asian session, though it lacks bearish conviction.
EURJPY
TradeWar
BOJ
ECB
Currencies
Aussie Crypto Provider to Offer Derivatives with Prime Brokerage FalconX Partnership
Aussie Crypto Provider to Offer Derivatives with Prime Brokerage FalconX Partnership
News Discussion Forum
By Finance Magnates
Aussie Crypto Provider to Offer Derivatives with Prime Brokerage FalconX Partnership
Australia-licensed MHC Digital Group has inked a partnership deal with the crypto prime broker FalconX to provide digital asset derivatives to the Australian wholesale market.
cryptocurrency
FalconX
Australia
US Dollar Index remains above 97.00 due to easing US-China tensions
US Dollar Index remains above 97.00 due to easing US-China tensions
The US Dollar Index (DXY), which tracks the USD against six major currencies, continues to rise for the second consecutive day, trading near 99.60 during Asian hours on Monday. The US Dollar (USD) strengthens amid signs of easing tensions between the US and China.
Fed
Majors
Macroeconomics
DollarIndex
Strong dollar demand on the cards this month-end - Barclays
Strong dollar demand on the cards this month-end - Barclays
The firm argues that rebalancing flows are to be supportive of the dollar at the end of April
India Gold price today: Gold falls, according to FXStreet data
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Monday, according to data compiled by FXStreet.
Gold
Commodities
Metals
India
Gold price hangs above $3,265-3,260 support amid receding safe-haven demand and mildly positive USD
Gold price hangs above $3,265-3,260 support amid receding safe-haven demand and mildly positive USD
Gold price (XAU/USD) sticks to its bearish bias for the second successive day on Monday and trades just above the $3,265-3,260 pivotal support during the first half of the European session.
TradeWar
Fed
SEO
Gold
Commodities
FX option expiries for 28 April 10am New York cut
FX option expiries for 28 April 10am New York cut
A look at what is on the board for today
ForexLive Asia-Pacific FX news wrap: China outlines more economic support
ForexLive Asia-Pacific FX news wrap: China outlines more economic support
Forex news for Asian trading on Monday, April 28, 2025
Session wrap
Wrap Asia
China’s Vice Commerce Minister: Will accelerate reform to integrate domestic and foreign trade
China’s Vice Commerce Minister: Will accelerate reform to integrate domestic and foreign trade
China’s Vice Commerce Minister Sheng Qiuping said on Monday that the government “will accelerate reform to integrate domestic and foreign trade.”
China
AUDUSD
Macroeconomics
Silver Price Forecast: XAG/USD breaks below $33.00 as safe-haven demand weakens
Silver Price Forecast: XAG/USD breaks below $33.00 as safe-haven demand weakens
Silver price (XAG/USD) continues to lose ground for the second straight day, hovering around $32.80 per troy during Asian trading hours on Monday. The precious metal faces pressure as improving trade relations between the United States (US) and China diminish its safe-haven appeal.
Silver
Metals
Commodities
Macroeconomics
XAGUSD
NZD/USD weakens to near 0.5950 despite potential fresh stimulus measures from China 
NZD/USD weakens to near 0.5950 despite potential fresh stimulus measures from China 
The NZD/USD pair softens to around 0.5950 during the Asian trading hours on Monday, pressured by the renewed US Dollar (USD) demand. Signs that global trade tensions between the United States and China may be easing provide some support to the Greenback.
Majors
NZDUSD
Macroeconomics
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