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Category: Forex Short News

Technical Analysis
Forex Short News, Technical Analysis

GBPUSD extends to new highs and toward upside targets

Posted onApril 10, 2025

GBPUSD has rebounded firmly after moving back above its 200-bar moving average on the 4-hour chart (upper green line on the chart above), and the …

Technical Analysis
Forex Short News, Technical Analysis

USDJPY bounces off the low from yesterday

Posted onApril 10, 2025

USDJPY extended lower in early trading, testing the prior day’s low at 143.99 before finding buyers and rebounding. The pair is now back above a …

Forex Short News
Forex Short News

US March Federal budget deficit -161.0B vs -236.6B expected

Posted onApril 10, 2025

Prior was -307.0B Last March was -237.0B Year to date FY 25 deficit at $1.307 trillion compared to $1.065 trillion a year earlier March customs …

Forex Short News
Forex Short News

Trump: We will have great certainty on tariffs in 90 days

Posted onApril 10, 2025

I haven’t seen the stock market Says they will work out something for both the US and China The first deal on tariffs is very …

Forex Short News
Forex Short News

US sells 30-year bonds at 4.813% vs 4.839% WI

Posted onApril 10, 2025

For the second day in a row we got a good auction at the long end with a 2.6 bps stop through today after a …

Forex Short News
Forex Short News

EU and China start negotiations on abolishing EU tariffs on Chinese electric vehicles

Posted onApril 10, 2025

I would imagine that if they abolish the tariffs, there will be a flood of Chinese EVs into the EU that would swamp German carmakers. …

Technical Analysis
Forex Short News, Technical Analysis

EURUSD now looks toward 2023 high

Posted onApril 10, 2025

The EURUSD has extended above the 2024 high at 1.1213.. The price high reached 1.1228. The current price is trading at 1.1203 currently Buyers are …

Forex Short News
Forex Short News

The plummet in the S&P 500 puts circuit breakers in play

Posted onApril 10, 2025

What a brutal day for stocks. The S&P 500 briefly traded down by 5.1% but has trimmed that to 4.8%. A 7% decline in the …

Forex Short News
Central Banks, Forex Short News

Fed’s Goolsbee: The Fed timetable is not the market timetable

Posted onApril 10, 2025

Goolsbee previously spoke Tuesday and said that tariff rates were much higher than the Fed modelled. Our goal is to find the through-line, not jump …

Forex Short News
Forex Short News

DXY has worst day since November 2022

Posted onApril 10, 2025

The US dollar index (DXY) is having is worst day since November 2022. The price is down 1.81% on the day and at the lowest …

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