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Category: Forex Short News

Forex Short News
Forex Short News

Bessent: Tariffs, tax cuts and deregulation are keys to drive long-term investment

Posted onMay 5, 2025

Tax legislation will prevent main street tax hike by making small business deduction permanent Legislation will restore 100% expensing for equipment, expand full expensing to …

Forex Short News
Forex Short News

Tech sector tumbles while energy stocks falter: Analyzing today’s market chaos

Posted onMay 5, 2025

Sector Overview Today’s stock market heatmap reveals a distinct downturn in tech and energy sectors, leading to widespread volatility across the board. The technology sector, …

Forex Short News
Forex Short News

India offers the US zero-for-zero tariffs on auto parts and steel

Posted onMay 5, 2025

All last week there were reports that the US was close to a deal with India on tariffs and trade. Now, Bloomberg is reporting that …

Technical Analysis
Forex Short News, Technical Analysis

NZDUSD eyes key swing resistance at 0.6000 after bounce from 100-hour MA

Posted onMay 5, 2025

The NZDUSD is trading with a bullish tilt after bouncing from its 100-hour moving average, which successfully stalled declines both on Friday and earlier today. …

Forex Short News
Forex Short News

April ISM services 51.6 vs 50.2 expected

Posted onMay 5, 2025

Prior was 50.8 Data: Prices paid: 65.1 vs. 60.9 prior New orders: 52.3 vs. 50.4 prior Employment: 49.0 vs. 46.2 prior Business activity 53.7 vs …

Technical Analysis
Forex Short News, Technical Analysis

AUDUSD runs above 200 day MA. On pace for first close above since November 2024

Posted onMay 5, 2025

The AUDUSD is surging higher today and has convincingly broken above its 200-day moving average at 0.6461—a key technical milestone. On Friday, the pair briefly …

Forex Short News
Forex Short News

US April S&P Global final services PMI 50.8 vs 51.4 prelim

Posted onMay 5, 2025

Prelim was 51.4 Prior was 54.4 Composite PMI 50.6 vs 51.2 prelim and 53.5 prior — weakest since Sept 2023 Slower activity growth was linked …

Forex Short News
Forex Short News

Canada April S&P Global services PMI 41.5 vs 41.2 prior

Posted onMay 5, 2025

In March this index fell to 41.2 from 46.6, which was the lowest reading since June 2020. It bounced slightly here but that’s hardly reassuring. …

Technical Analysis
Forex Short News, Technical Analysis

USDCAD sellers stay in control as moving averages cap rallies

Posted onMay 5, 2025

The USDCAD continues to trade with a bearish tilt as the 100-hour (1.38197) and 200-hour (1.38394) moving averages act as a ceiling for price action. …

Forex Short News
Forex Short News

Trump’s 100% Tariff on Foreign Movies: Impact on Entertainment Industry and NFLX Stock

Posted onMay 5, 2025

Investor Alert: 100% Tariff on Foreign Movies Announced Former President Donald Trump has announced intentions to impose a 100% tariff on movies produced abroad entering …

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