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Category: Forex Short News

Forex Short News
Forex Short News

US 30 year mortgage rates rising to 7%

Posted onApril 9, 2025

US mortgage rates have risen to 7%. That is up 40 basis points in the last few trading days. There will be no relief in …

Forex Short News
Forex Short News

Alphabet CEO Pichai: We plan to invest around $75 billion in total In 2025

Posted onApril 9, 2025

Alphabets Picai says they plan to invest around $75 billion in total in 2025 cap ex. That is giving the stock market a boost. The …

Forex Short News
Forex Short News

US House will take key budget votes later today

Posted onApril 9, 2025

The House will hold a vote at 3:30 p.m. on a “rule,” a procedure to advance legislation, which includes the budget blueprint If the rule …

Forex Short News
Central Banks, Forex Short News

Atlanta Fed GDPNow growth estimate for Q2 -2.4% versus -2.8%. Gold adjusted -0.3%

Posted onApril 9, 2025

The Atlanta Fed GDPNow growth estimate for Q2 came in at -2.4% up from -2.8% on April 3. The gold adjusted GDP rose to -0.3%. …

Technical Analysis
Forex Short News, Technical Analysis

Gold surges over $100, posts strongest intraday gain since 2016

Posted onApril 9, 2025

Gold is having a powerful rally today, up nearly $100 or 3.33% at $3,081.26. The intraday high reached $3,087.78, marking a $105.62 gain at session …

Forex Short News
Central Banks, Forex Short News

Fed’s Barkin: Tariff price hikes could begin by June

Posted onApril 9, 2025

Due to inventories, we are talking about June prices more than April Notes that he talked with a home-improvement company who won’t be doing Memorial …

Technical Analysis
Forex Short News, Technical Analysis

NZDUSD rebound tests key resistance zone. Finds sellers on the first look.

Posted onApril 9, 2025

Today, the NZDUSD is rebounding after sellers failed to sustain a break below the lows from earlier this week and back in February. That failed …

Forex Short News
Forex Short News

European stock markets slump as Trump tariffs take effect

Posted onApril 9, 2025

Closing changes on the day: Stoxx 600 -3.5% German DAX -3.2% France CAC -3.2% UK FTSE 100 -3.0% Spain IBEX -2.0% Italy’s FTSE MIB -2.6% …

Forex Short News
Central Banks, Forex Short News

Fed’s Musalem sees growth this year materially below 2% trend

Posted onApril 9, 2025

Outlook is not for recession but slipping confidence, higher prices, below to household wealth point to slowing growth Do not see market dysfunction in recent …

Forex Short News
Forex Short News

South African rand falls to all-time low

Posted onApril 9, 2025

USD/ZAR is nearing 20.00 as this pair blows out following US tariffs on South Africa and major worries about global growth. This is a cruel …

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