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Hot news
Oil Panic Buying After Iran Strikes?
President Trump confirmed that the U.S., together with Israel, carried out three strikes on Iranian nuclear facilities. In response, Iran’s parliament has backed a proposal to seal the Strait of Hormuz — a vital global oil shipping route. The final decision rests with Iran’s Supreme National Security Council and Supreme Leader Khamenei. A blockade could…
23 June 2025
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EUR/USD Nears Breakout as ECB Eyes Another Rate Cut
The euro is moving steadily toward a critical breakout level near 1.1440 as traders await the European Central Bank’s policy decision later this week. The ECB is widely expected to deliver its eighth straight rate cut, with analysts forecasting a 25-basis-point reduction that would lower the deposit rate to 2.00%. The move is aimed at…
03 June 2025
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Google Faces Pressure as Apple Develops AI Browser
Apple’s plans to build an AI-focused web browser could threaten Google’s position as the default search engine on iOS, sparking a sharp drop in Alphabet shares and a break below key technical levels. Apple confirmed it is working on a redesigned browser for iPhone, iPad, and Mac, integrating AI-powered search features. This shift away from…
08 May 2025
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Global Pushback Against U.S. Auto Tariffs
The United States has announced a 25% tariff on imported vehicles, a move set to impact roughly $217 billion in annual imports and strain relations with key trading partners. Major auto suppliers to the U.S. include Mexico (23%), Japan (18%), South Korea (17%), and Canada (13%). Mexico Seeks Exemption Mexico, the largest supplier of cars…
28 March 2025
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USD/CAD Steady Despite New Tariffs
USD/CAD continued its steady upward movement despite President Trump’s announcement of new tariffs, reflecting a muted reaction from the forex market. On March 4, Trump imposed a 25% tariff on imports from Canada and Mexico, with an additional 10% tariff specifically targeting Canadian energy products. Tariffs on Chinese imports were also doubled from 10% to…
05 March 2025
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Trump’s Crypto Picks Slide as Saylor Predicts $200T Market Cap
Bitcoin has given back most of its recent gains, trading only about $2,000 above the level seen before President Trump announced a strategic crypto reserve. The cryptocurrency fell below the 78.6% retracement of Sunday’s surge. Smaller coins mentioned by Trump, including Cardano, Solana, and Ripple, are performing slightly better but have also declined. Despite the…
04 March 2025
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Morgan Stanley and MUFG Bet on Yen Strength in 2025
Two of the world’s largest financial institutions, Morgan Stanley and MUFG, are aligned in calling for the Japanese yen to outperform all other G10 currencies this year. Their outlook is anchored on three core themes: falling U.S. Treasury yields, a tightening policy stance from the Bank of Japan, and stronger-than-expected Japanese economic growth. Technical and…
21 February 2025
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GBP Volatility Tied to BoE Rate Cuts and US Tariff Risks
The British pound enters a volatile week as the Bank of England is widely expected to deliver a 25-basis-point rate cut, part of its ongoing effort to cushion slowing economic growth while balancing inflation risks. Focus on Guidance, Not the Cut While the rate move itself is largely priced in, investors are paying closer attention…
05 February 2025
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Gold Extends Record Run as Trade Policy Uncertainty Fuels Demand
Gold surged to a new all-time high this week, climbing past its November peak by roughly $10, as growing unease over U.S. trade policy sparks renewed safe-haven flows. Tariff Fears Drive Demand The rally comes amid speculation that the Trump administration could impose fresh tariffs on major partners Mexico and Canada, with an announcement potentially…
31 January 2025
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Bitcoin Climbs Toward $100K as Trump Era Sparks Crypto Optimism
Bitcoin is closing in on the symbolic $100,000 threshold, buoyed by speculation that President-elect Donald Trump could unveil executive orders favorable to the digital asset sector once he takes office on January 20. The leading cryptocurrency has advanced more than 2% in the past 24 hours, reflecting growing investor optimism. Institutional Adoption in Focus Analysts…
17 January 2025
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Political Shock in Ottawa: Trudeau’s Imminent Exit Weighs on Canadian Dollar
Reports that Canadian Prime Minister Justin Trudeau is preparing to resign this week have injected fresh political uncertainty into markets, with some sources suggesting the announcement could come as early as today. Trudeau’s departure would leave the Liberal Party scrambling for a successor ahead of an election due by late October—an election in which current…
07 January 2025
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Dollar Slips on Month-End Flows as Focus Turns to Key U.S. Data
The U.S. dollar is under broad pressure as month-end portfolio rebalancing and profit-taking weigh on recent Trump-driven trades. Traders describe the move as a classic “sell the fact” reaction, with positioning unwinding after several weeks of politically charged volatility. Yen and Euro Lead Gains Losses in the dollar are most pronounced against the Japanese yen,…
24 November 2024
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