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Category: Forex Short News

Forex Short News
Forex Short News

US treasury auctions off $42 billion of tenure notes at a high yield of 4.342%

Posted onMay 6, 2025

High yield 4.342% WI yield before the auction 4.354% Tail -1.2 basis points vs six-month average of 0.7 basis points Bid to cover 2.60x versus …

Forex Short News
Central Banks, Forex Short News

Atlanta Fed GDPNow 2.2% versus 1.1% previously

Posted onMay 6, 2025

The GDPNow growht estimate for the Q2 rose to 2.2% from 1.1% prior. In their own words: The GDPNow model estimate for real GDP growth …

Forex Short News
Forex Short News

Trump and Carney talk to the press: We will possibly start to renegotiate USMCA

Posted onMay 6, 2025

Canada chose a talented person Oval office improved with the help of gold ; ) Houthis don’t want to fight anymore We will stop bombing …

Forex Short News
Forex Short News

USD/CAD touches the lows of the day as Carney arrives at the White House

Posted onMay 6, 2025

USD/CAD has been in a 150-pip range since April 15 but it’s near the low end of that range at the moment. I expect the …

Technical Analysis
Forex Short News, Technical Analysis

NZDUSD tests key swing area resistance as buyers push higher after holding MA support

Posted onMay 6, 2025

The NZDUSD is pushing toward the top of a key swing area, testing resistance near 0.6000, which sits just below the 2024 high. This marks …

Forex Short News
Forex Short News

Trump: The only question for Carney is why the US is subsidizing Canada

Posted onMay 6, 2025

This isn’t a promising start but it’s the same thing he’s said forever. We don’t need Canada’s cars, energy or lumber I look forward to …

Technical Analysis
Forex Short News, Technical Analysis

The S&P and Nasdaq indice bounce near 50-hour MAs. Buyers still holding short-term control

Posted onMay 6, 2025

Both the S&P 500 and Nasdaq indices came under modest selling pressure today, but buyers stepped in near key technical support, helping to stabilize the …

Forex Short News
Forex Short News

Tech faces turbulence as energy stocks surge: A detailed market analysis

Posted onMay 6, 2025

Sector Overview The tech sector is navigating choppy waters today, with major players showing mixed results. Microsoft (MSFT) slipped slightly at -0.34%, while Nvidia (NVDA), …

Technical Analysis
Forex Short News, Technical Analysis

AUDUSD holds support above 100-hour MA as bulls eye December highs

Posted onMay 6, 2025

The AUDUSD continues to exhibit a bullish bias after climbing to its highest level since early December 2024. Buyers have kept the pair supported above …

Forex Short News
Forex Short News

Bessent touts ‘very good offers’ on trade again, market yawns and sells the US dollar

Posted onMay 6, 2025

Beyonce is on tour but no one seems to care. The tickets are going for $25 and there are plenty of empty seats. At some …

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