Gold daily The chart of gold tells the story. It’s a slow-motion loss of confidence from Inauguration Day until Liberation Day. Afterwards, it’s a fast-motion loss of confidence. There was some selling on Friday, perhaps in the hopes of a weekend trade deal with Japan, but there were dip buyers in a $50 fall on … Read more
One-year rate at 3.10%, unchanged Five-year rate at 3.60%, unchanged This article was written by Adam Button at www.forexlive.com.
Learn Options Trade Selection: Matching the Right Strategy to Market Conditions One of the most important skills in options trading is knowing which strategy to use when. Whether the market is trending, consolidating, or volatile ahead of earnings, aligning the right trade setup with the market environment can be the difference between consistent profits and … Read more
Just after the weekly FX open, US President Trump wrote on Truth Social about non-tariff barriers. He wrote: NON-TARIFF CHEATING: 1. Currency Manipulation2. VATs which act as tariffs and export subsidies3. Dumping Below Cost4. Export Subsidies and Other Govt. Subsidies5. Protective Agricultural Standards (e.g., no genetically engineered corn in EU)6. Protective Technical Standards (Japan’s bowling … Read more
EUR/USD 30 mins It’s thin liquidity today in markets but it’s non-stop selling all the same. The euro is now up 116 pips the day to 1.1508 and touched as high as 1.1528. It’s the first time above 1.15 since November of 2021 as stops were run above 1.15. I feel like I’m writing the … Read more
There aren’t any major expiries on the board for today and that is very much expected given that it is Easter Monday. As such, just be wary that liquidity conditions remain thin with major markets still closed in Europe today. That should also exacerbate the flows to start the week, not just in major currencies … Read more