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Category: Forex Short News

Technical Analysis
Forex Short News, Technical Analysis

GBPUSD has quite an up-and-down ride

Posted onMay 8, 2025

The Bank of England cut its benchmark rate by 25 basis points, as widely expected, but the surprise came in the vote split. The decision …

Forex Short News
Forex Short News

White House Navarro: To the EU, retaliation is a mistake

Posted onMay 8, 2025

White House Navarro is saying: UK deal offers template on how they are going to proceed. Going to take good care of Boeing US – …

Forex Short News
Forex Short News

Crude oil futures settle at $59.91

Posted onMay 8, 2025

Crude oil futures are settling at $59.91, up $1.84 or 3.17%. The low price today reached $57.77. The high reached $60.02. Technically, the price is …

Forex Short News
Forex Short News

US dollar soars as the market sniffs out improvement on the trade front. 4 reasons why

Posted onMay 8, 2025

The US dollar stormed ahead today, particularly USD/JPY which is now up 210 pips to 145.93. Some thoughts on what’s driving the move: 1) A …

Forex Short News
Forex Short News

Chicago-born Cardinal Robert Prevost elected as new Pope

Posted onMay 8, 2025

The Catholic Church has elected American Robert Prevost, 69, as its new leader. He is the first American and the first native-English speaker to be …

Forex Short News
Forex Short News

US treasury auctions off $25B of 30 year bonds at a high yield at 4.819%

Posted onMay 8, 2025

High yield 4.819% WI level at the time of the auction 4.812% Tail +0.7 bps vs 6 month average of -0.3 bps Bid to cover …

Forex Short News
Forex Short News

US treasury to auction off $25B of 30 year bonds at the top of the hour

Posted onMay 8, 2025

The U.S. Treasury will auction off $25 billion of 30 year bonds at the top of the hour. The six-month averages of the key components …

Technical Analysis
Forex Short News, Technical Analysis

EURUSD falls below key floor support and the 38.2% retracement

Posted onMay 8, 2025

The EURUSD has also broke to the downside as focus turns to the EU as a potential whipping dog for Trump. Technically, the prices also …

Technical Analysis
Forex Short News, Technical Analysis

USDJPY extends above 200 bar MA on the 4-hour chart

Posted onMay 8, 2025

The USDJPY is pushing higher today, supported by rising U.S. yields and a broader move higher in equities. The 10-year Treasury yield is up 6.2 …

Forex Short News
Forex Short News

A new Pope has been elected

Posted onMay 8, 2025

A new Pope has been elected. Let me guess…Pres. Trump will make a joke, and JD Vance and Howard Lutnick will laugh. This article was …

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