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Canada PM Carney: Pause on reciprocal tariffs welcome reprieve for the global economy
Canada PM Carney: Pause on reciprocal tariffs welcome reprieve for the global economy
Canadian Prime Minister Mark Carney said late Wednesday that a pause on reciprocal tariffs announced by US President Donald Trump is a welcome reprieve for the global economy.
Canada
TradeWar
UnitedStates
Macroeconomics
Fed's Kashkari: Bar for cutting rates remains high
Fed's Kashkari: Bar for cutting rates remains high
Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari noted on Wednesday that increased market volatility at the hands of constantly-waffling US trade policy will continue to make it harder, not easier, for the Fed to engage in rate adjustments, especially as still-existing tariffs conti
TradeWar
Fed
CentralBanks
InterestRate
AUD/JPY Price Analysis: Cross jumps sharply but bearish signals persist
AUD/JPY Price Analysis: Cross jumps sharply but bearish signals persist
The AUD/JPY pair staged a sharp rebound on Wednesday’s session ahead of the Asian open, climbing toward the 91.00 area after rising more than 4% during the day.
Crosses
Technical Analysis
Currencies
AUDJPY
Fed's Hammack: I prefer to wait than move in the wrong direction with rates
Fed's Hammack: I prefer to wait than move in the wrong direction with rates
Federal Reserve (Fed) Bank of Cleveland President Beth Hammack joined the ever-growing chorus of Fed policymakers taking a hard cautious stance to interest rate forecasts, cautioning that uncertainty wrapped up in US trade policy will continue to make it difficult for the Fed to engage in market-smo
TradeWar
Fed
CentralBanks
InterestRate
NZD/USD Price Analysis: Kiwi rallies toward 0.5700 despite persistent bearish backdrop
NZD/USD Price Analysis: Kiwi rallies toward 0.5700 despite persistent bearish backdrop
The NZD/USD pair advanced firmly on Wednesday, rising sharply ahead of the Asian session and trading near the 0.5700 mark. The pair is testing the upper region of its daily range, reflecting a strong intraday bounce despite a broader backdrop that still leans bearish.
Technical Analysis
Currencies
Majors
NZDUSD
Australian Dollar rebounds toward 0.6150 as US Dollar fades post-Fed minutes, tariff pivot
Australian Dollar rebounds toward 0.6150 as US Dollar fades post-Fed minutes, tariff pivot
The Australian Dollar (AUD) strengthened during Wednesday’s American session, climbing toward the mid-0.6100s as the US Dollar (USD) continued to retreat amid a risk-on rally in global markets.
Currencies
SEO
Majors
AUDUSD
Forexlive Americas FX news wrap: Trump drops reciprocal tariffs, huge market moves follow
Forexlive Americas FX news wrap: Trump drops reciprocal tariffs, huge market moves follow
Forex news for North American trading on Apr 9, 2025
Session wrap
Wrap Nth America
Make the Economic calendar in Asia great again! Thursday, April 10, 2025
Make the Economic calendar in Asia great again! Thursday, April 10, 2025
Idiocy postponed. Huge shout out to the bond market - thank you for kicking the right ass (admittedly, its quite a large target).
economic calendar
Forex Today: The release of US CPI grabs all the attention
Forex Today: The release of US CPI grabs all the attention
The Greenback reversed its initial loses to three-day lows and ended the session virtually unchanged in response to a late recovery fuelled by President Trump’s announcement of a 90-day delay on reciprocal tariffs.
Currencies
EURUSD
CPI
Inflation
DollarIndex
Dow Jones Industrial Average soars as equities rebound on tariff delay
Dow Jones Industrial Average soars as equities rebound on tariff delay
The Dow Jones Industrial Average (DJIA) skyrocketed on Wednesday, climbing nearly 3,000 points and reclaiming the 40,000 major price handle after the Trump administration announced it would once again pivot away from most of its recent tariff threats.
DowJones
TradeWar
Equities
SEO
US Dollar figths back after Fed minutes
US Dollar figths back after Fed minutes
The US Dollar Index (DXY) trades around the 103 area during Wednesday’s session, stabilizing slightly after recent selling pressure, which took it below 102.00.
Currencies
TradeWar
DollarIndex
US Treasury Secretary Bessent: Reciprocal tariffs temporarily reduced to 10%
US Treasury Secretary Bessent: Reciprocal tariffs temporarily reduced to 10%
US Treasury Secretary Scott Bessent added further details to Trump's sudden pullback from widespread reciprocal tariffs on Wednesday, noting that the US will be dropping tariffs across the board to 10% after US President Donald Trump delayed his own "reciprocal" tariff package by 90 days as the Trum
TradeWar
UnitedStates
Politics
The trade war isn't over but the worst-case scenario is avoided
The trade war isn't over but the worst-case scenario is avoided
The S&P 500 climbs 8% as Trump changes course on tariffs
Dow Jones Industrial Average rockets 6% higher on tariff suspension
Dow Jones Industrial Average rockets 6% higher on tariff suspension
The Dow Jones Industrial Average (DJIA) skyrocketed on Wednesday, surging over 6% on the day and returning to the 40,000 handle after the Trump administration announced yet another pivot on its own tariff policies.
DowJones
TradeWar
SEO
Politics
Breaking: Trump announces a 90-day pause on reciprocal tariffs
Breaking: Trump announces a 90-day pause on reciprocal tariffs
United States (US) President Donald Trump stated that he had authorized a 90-day pause on reciprocal and 10% tariffs, noting that the measure was effective immediately.
Breaking
TradeWar
Trump administration backs off Nvidia's H20 chip crackdown
Trump administration backs off Nvidia's H20 chip crackdown
The decision comes after Trump dinner with Nvidia CEO Jenson Huang
30 year mortgage rates rising to 7%
30 year mortgage rates rising to 7%
Rise 40 basis points in the last week