Today’s forex newsletter looks quite interesting Federal Reserve Cuts Rates, Signals Slower Easing Path The Federal Reserve lowered the Fed Funds rate to 4.25%-4.50%, with only two rate cuts projected for 2025. Despite elevated inflation, the central bank remains optimistic about economic growth, revising GDP forecasts upward. Gold prices fell,
Today’s forex newsletter looks quite interesting Fed Rate Cut with Hawkish Outlook for 2025 The Federal Reserve may cut interest rates tonight to provide economic relief, but will likely issue a hawkish statement for 2025, signaling tight future monetary policies. While this could boost gold prices, a stronger dollar may
Today’s forex newsletter looks quite interesting Oil Prices Drop as Supply Increases and US Dollar Strengthens Oil prices are falling for the second day, dropping below $70.00. This comes after Pemex resumed full operations at its Gulf of Mexico platforms following bad weather. The stronger US Dollar is also weighing
Today’s forex newsletter looks quite interesting Oil Prices Fall as Chinese Data Weakens Demand Outlook Crude oil prices dip nearly 1% on Monday, nearing $70, following disappointing Chinese retail sales growth of 3% in November, below expectations. Sluggish demand is further indicated by falling tanker rates. The global oil market
Today’s forex newsletter looks quite interesting US Considers Military Action Against Iran’s Nuclear Program President-elect Donald Trump is exploring air strikes on Iran’s nuclear sites to prevent the country from developing nuclear weapons. Amid rising concerns over Iran’s increased uranium enrichment, European powers are pushing for the reimposition of sanctions,
Today’s forex newsletter looks quite interesting Oil Prices Stabilize Amid Supply Outlook and U.S. Rate Cut Expectations Oil prices remained stable as forecasts for a well-supplied market countered optimism from potential U.S. interest rate cuts. The International Energy Agency expects ample supply next year, while weak demand, particularly in China,
Today’s forex newsletter looks quite interesting China Considers Weaker Yuan Amid Trump Trade Risks. Chinese leaders are contemplating allowing the yuan to weaken in 2025 in response to the potential re-imposition of high trade tariffs under a second Donald Trump presidency. The move aims to offset the impact of proposed
Today’s forex newsletter is packed with intriguing insights and updates you won’t want to miss! China’s Trade Shifts: Exports Rise, Imports Drop, and Economic Reforms Loom China’s trade sees notable fluctuations: exports grew 6.7%, though slower than last month’s 12.7%, while imports plunged 3.3%, the sharpest drop since September 2023.
Today’s Forex Newsletter Looks Quite Interesting Gold Price Rises Amid Geopolitical Uncertainty and China’s Resumption of Purchases Gold (XAU/USD) continues to climb, fueled by rising geopolitical tensions in the Middle East and China’s renewed gold buying in November. Solid US labor data hasn’t deterred expectations of Fed rate cuts, limiting
The Forex newsletter for the day is here. DXY , XAUUSD , XAGUSD , COPPER , USOIL , NASDAQ , S&P 500 E-Mini , USDCHF, Dollar DXY Sell on rise around 106.100Stop loss above 106.400Target 105.800–105.500 XAUUSD ( Yesterday given Buy around 2640 first target done) Buy on dip around 2635Stop loss
