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USDJPY Technical Analysis – Risk off returns amid disappointing headlines
USDJPY Technical Analysis – Risk off returns amid disappointing headlines
Oleh Forex Live
USDJPY Technical Analysis – Risk off returns amid disappointing headlines
The USDJPY rolled back to the recent lows amid disappointing headlines on the tariff negotiations front. What’s next?
JPY
USD
Nomura cuts China 2025 GDP growth forecast to 4% from 4.5% previously
Nomura cuts China 2025 GDP growth forecast to 4% from 4.5% previously
Oleh Forex Live
Nomura cuts China 2025 GDP growth forecast to 4% from 4.5% previously
Nomura the latest to join the bandwagon
This Dutch Exchange Debuts First EU-Regulated Crypto Perpetuals, Targets Retail Traders Next
This Dutch Exchange Debuts First EU-Regulated Crypto Perpetuals, Targets Retail Traders Next
Oleh Finance Magnates
This Dutch Exchange Debuts First EU-Regulated Crypto Perpetuals, Targets Retail Traders Next
One Trading has introduced the European Union's first MiFID II-regulated trading venue for crypto perpetual futures, initially for institutional investors with plans to extend access to eligible re...
One Trading
crypto
europe
OKX Legally Launches US Crypto Exchange Only 2 Months After $505M Settlement
OKX Legally Launches US Crypto Exchange Only 2 Months After $505M Settlement
Oleh Finance Magnates
OKX Legally Launches US Crypto Exchange Only 2 Months After $505M Settlement
Seychelles-based OKX has legally launched a centralised crypto exchange in the United States, less than two months after settling with the Justice Department by paying $504 million for previously o...
OKX
crypto
India Gold price today: Gold hits lifetime highs on renewed US Dollar weakness
India Gold price today: Gold hits lifetime highs on renewed US Dollar weakness
Oleh Fxstreet
India Gold price today: Gold hits lifetime highs on renewed US Dollar weakness
Fears of the US-China trade war escalation and its impact on the US economy remain unabated, driving a fresh leg down in the US Dollar.
Gold
India
Commodities
TradeWar
What are the main events for today?
What are the main events for today?
Oleh Forex Live
What are the main events for today?
The highlights include the US Retail Sales report and the BoC Policy Decision, but the focus remains on tariff negotiations
market overview
EUR/GBP holds positive ground above 0.8550 after UK CPI inflation data
EUR/GBP holds positive ground above 0.8550 after UK CPI inflation data
Oleh Fxstreet
EUR/GBP holds positive ground above 0.8550 after UK CPI inflation data
The EUR/GBP cross gains momentum to near 0.8565 during the early European session on Wednesday. The Pound Sterling (GBP) weakens against the Euro (EUR) after the UK Consumer Price Index (CPI) inflation report.
Crosses
UnitedKingdom
CPI
EURGBP
Macroeconomics
Eurostoxx futures -1.6% in early European trading
Eurostoxx futures -1.6% in early European trading
Oleh Forex Live
Eurostoxx futures -1.6% in early European trading
The risk mood goes back on the defensive today
Stocks
UK March CPI +2.6% vs +2.7% y/y expected
UK March CPI +2.6% vs +2.7% y/y expected
Oleh Forex Live
UK March CPI +2.6% vs +2.7% y/y expected
Latest data released by ONS - 16 April 2025
Nvidia Set for $5.5B Tariff Hit as Chinese Market for H20 Chips Dies
Nvidia Set for $5.5B Tariff Hit as Chinese Market for H20 Chips Dies
Oleh Finance Magnates
Nvidia Set for $5.5B Tariff Hit as Chinese Market for H20 Chips Dies
Chip giant Nvidia warns of a massive Q1 blow from U.S. tariffs, as Chinese demand for their H20 AI chip dies—and the wider tech sector might be next.
nvidia
AI
Trump Tariffs
FX option expiries for Apr 16 NY cut
FX option expiries for Apr 16 NY cut
Oleh Fxstreet
FX option expiries for Apr 16 NY cut
FX option expiries for Apr 16 NY cut at 10:00 Eastern Time via DTCC can be found below.
Currencies
Options
Dollar comes under pressure again as risk mood gets unsettled
Dollar comes under pressure again as risk mood gets unsettled
Oleh Forex Live
Dollar comes under pressure again as risk mood gets unsettled
The greenback is down across the board going into the session ahead
USD/CHF drops to mid-0.8100s, back closer to multi-year low on weaker USD
USD/CHF drops to mid-0.8100s, back closer to multi-year low on weaker USD
Oleh Fxstreet
USD/CHF drops to mid-0.8100s, back closer to multi-year low on weaker USD
The USD/CHF pair attracts fresh sellers during the Asian session on Wednesday and erodes a major part of the previous day's modest recovery gains.
Currencies
TradeWar
Fed
RetailSales
USDCHF
FX option expiries for 16 April 10am New York cut
FX option expiries for 16 April 10am New York cut
Oleh Forex Live
FX option expiries for 16 April 10am New York cut
A look at what is on the board for today
USD/CAD Price Forecast: Breaks below 1.3950 as bearish bias prevails
USD/CAD Price Forecast: Breaks below 1.3950 as bearish bias prevails
Oleh Fxstreet
USD/CAD Price Forecast: Breaks below 1.3950 as bearish bias prevails
The USD/CAD pair slips slightly after posting gains in the previous session, trading near 1.3940 during Wednesday’s Asian session. Technical analysis on the daily chart indicates a prevailing bearish trend as the pair continues to move lower within a descending channel.
Technical Analysis
Canada
USDCAD
Majors
Risk mood shaken up ahead of European trading
Risk mood shaken up ahead of European trading
Oleh Forex Live
Risk mood shaken up ahead of European trading
Tech shares under pressure as US moves to ban Nvidia from selling H20 chips to China
market overview
Gold price retreats after hitting fresh all-time peak; back below $3,300 ahead of Powell's speech
Gold price retreats after hitting fresh all-time peak; back below $3,300 ahead of Powell's speech
Oleh Fxstreet
Gold price retreats after hitting fresh all-time peak; back below $3,300 ahead of Powell's speech
Gold price (XAU/USD) trims a part of strong intraday gains to a fresh all-time high touched during the first half of the European session and slips back below the $3,300 mark in the last hour.
TradeWar
Fed
SEO
Gold
Former FXCM Marketing Exec Ross Soodoosingh Launches Forex University
Former FXCM Marketing Exec Ross Soodoosingh Launches Forex University
Oleh Finance Magnates
Former FXCM Marketing Exec Ross Soodoosingh Launches Forex University
Ross Soodoosingh, a former executive at FXCM, has launched Forex University, an educational platform for traders that focuses exclusively on teaching how to trade the forex market.
Forex University
FXCM
ANZ downgrades China 2025 GDP forecast  to 4.2% from 4.8% previously
ANZ downgrades China 2025 GDP forecast  to 4.2% from 4.8% previously
Oleh Forex Live
ANZ downgrades China 2025 GDP forecast to 4.2% from 4.8% previously
US tariffs weigh on the outlook
EUR/USD rises to near 1.1350 ahead of Eurozone HICP inflation data
EUR/USD rises to near 1.1350 ahead of Eurozone HICP inflation data
Oleh Fxstreet
EUR/USD rises to near 1.1350 ahead of Eurozone HICP inflation data
EUR/USD is trading around 1.1340 during the Asian hours on Wednesday, rebounding after two consecutive sessions of losses.
EURUSD
Macroeconomics
Majors
Eurozone
ECB
No place like gold as US-China trade tensions continue to dominate the market landscape
No place like gold as US-China trade tensions continue to dominate the market landscape
Oleh Forex Live
No place like gold as US-China trade tensions continue to dominate the market landscape
Gold hits a fresh record high of $3,283 ahead of European trading
Gold
ForexLive Asia-Pacific FX news wrap NVDA $5.5bn bombshell, China data solid, BOJ May hold?
ForexLive Asia-Pacific FX news wrap NVDA $5.5bn bombshell, China data solid, BOJ May hold?
Oleh Forex Live
ForexLive Asia-Pacific FX news wrap NVDA $5.5bn bombshell, China data solid, BOJ May hold?
Forex news for Asian trading on Wednesday, April 16, 2025
Session wrap
Wrap Asia
Silver Price Forecast: XAG/USD edges higher to near $32.50 due to safe-haven demand
Silver Price Forecast: XAG/USD edges higher to near $32.50 due to safe-haven demand
Oleh Fxstreet
Silver Price Forecast: XAG/USD edges higher to near $32.50 due to safe-haven demand
Silver price (XAG/USD) is inching higher after recent losses, trading around $32.30 per troy ounce during Wednesday’s Asian session. The uptick comes as lingering uncertainty over US trade policy continues to fuel safe-haven demand for the precious metal.
Silver
Metals
Commodities
Macroeconomics
XAGUSD
USD/INR tumbles ahead of US Retail Sales release, Fed’s Powell speech
USD/INR tumbles ahead of US Retail Sales release, Fed’s Powell speech
Oleh Fxstreet
USD/INR tumbles ahead of US Retail Sales release, Fed’s Powell speech
The Indian Rupee (INR) trades in positive territory for the fifth consecutive day on Wednesday. The weakening of the US Dollar (USD) and the extended decline in crude oil prices eased the Indian currency’s losses.
EmergingMarkets
SEO
USDINR
India
Macroeconomics
GBP/USD extends rally to fresh six-month highs near 1.3250 ahead of UK CPI data
GBP/USD extends rally to fresh six-month highs near 1.3250 ahead of UK CPI data
Oleh Fxstreet
GBP/USD extends rally to fresh six-month highs near 1.3250 ahead of UK CPI data
The GBP/USD pair continues its winning streak that began on April 8, trading around 1.3250 during Wednesday’s Asian session. Earlier in the day, it touched a fresh six-month high at 1.3256.
UnitedKingdom
Majors
Macroeconomics
GBPUSD
AUD/JPY keeps the red below mid-90.00s after mostly upbeat Chinese macro data
AUD/JPY keeps the red below mid-90.00s after mostly upbeat Chinese macro data
Oleh Fxstreet
AUD/JPY keeps the red below mid-90.00s after mostly upbeat Chinese macro data
The AUD/JPY cross drifts lower during the Asian session on Wednesday and moves away from over a one-week high, around the 91.40 region touched the previous day. Spot prices stick to negative bias below the mid-90.00s and move little in reaction to mostly upbeat Chinese macro releases.
AUDJPY
China
GDP
TradeWar
Currencies
China's fighting words on Trump's tariffs - world economic order has been severely damaged
China's fighting words on Trump's tariffs - world economic order has been severely damaged
Oleh Forex Live
China's fighting words on Trump's tariffs - world economic order has been severely damaged
US tariffs will not change the long-term improving trend in China’s economy
China
Japanese Yen retests multi-month high against USD; bulls retain control amid rising trade tensions
Japanese Yen retests multi-month high against USD; bulls retain control amid rising trade tensions
Oleh Fxstreet
Japanese Yen retests multi-month high against USD; bulls retain control amid rising trade tensions
The Japanese Yen (JPY) jumps back closer to a multi-month high against its American counterpart heading into the European session on Wednesday and seems poised to appreciate further.
Recession
TradeWar
BOJ
SEO
USDJPY
Australian Dollar receives support from improved global risk mood, US Retail Sales eyed
Australian Dollar receives support from improved global risk mood, US Retail Sales eyed
Oleh Fxstreet
Australian Dollar receives support from improved global risk mood, US Retail Sales eyed
The Australian Dollar (AUD) extends its winning streak against the US Dollar (USD) for a sixth consecutive session on Wednesday, with the AUD/USD pair holding firm after the release of Australia’s Westpac Leading Index.
China
SEO
Majors
AUDUSD
Macroeconomics
UK CPI inflation falls to 2.6% YoY in March vs. 2.7% forecast
UK CPI inflation falls to 2.6% YoY in March vs. 2.7% forecast
Oleh Fxstreet
UK CPI inflation falls to 2.6% YoY in March vs. 2.7% forecast
The United Kingdom (UK) annual headline Consumer Price Index (CPI) rose 2.6% in March after increasing 2.8% in February, the data released by the Office for National Statistics (ONS) showed on Wednesday. 
SEO
UnitedKingdom
Inflation
EconomicIndicator
GBPUSD
NZD/USD attracts some buyers above 0.5900 as China’s economy grows 5.4% YoY in Q1
NZD/USD attracts some buyers above 0.5900 as China’s economy grows 5.4% YoY in Q1
Oleh Fxstreet
NZD/USD attracts some buyers above 0.5900 as China’s economy grows 5.4% YoY in Q1
The NZD/USD pair holds positive ground around 0.5905 during the Asian trading hours on Wednesday. The Kiwi strengthens against the US Dollar (USD) after the upbeat Chinese economic data.
Majors
NZDUSD
Macroeconomics
China’s NBS: External environment more complex and serious
China’s NBS: External environment more complex and serious
Oleh Fxstreet
China’s NBS: External environment more complex and serious
Following the publication of the high-impact China’s first-quarter growth and December activity data, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Wednesday.
GDP
China
RetailSales
EconomicIndicator
AUDUSD
China Industrial Output March 2025 surges to +7.7% y/y (expected 5.8%, prior +5.9%)
China Industrial Output March 2025 surges to +7.7% y/y (expected 5.8%, prior +5.9%)
Oleh Forex Live
China Industrial Output March 2025 surges to +7.7% y/y (expected 5.8%, prior +5.9%)
Retail Sales beat too, +5.9% y/y (expected +4.2%, prior +4.0%)
China Stock Market
China
Breaking: China’s economy expands 5.4% YoY in Q1 2025 vs. 5.1% expected
Breaking: China’s economy expands 5.4% YoY in Q1 2025 vs. 5.1% expected
Oleh Fxstreet
Breaking: China’s economy expands 5.4% YoY in Q1 2025 vs. 5.1% expected
China’s economy expanded at an annual rate of 5.4% in the first quarter (Q1) of 2025, at the same pace seen in the final quarter of last year, the official data published by the National Bureau of Statistics (NBS) showed on Wednesday. Data beat the market forecast of 5.1% in the reported period.
Breaking
GDP
China
EconomicIndicator
AUDUSD
China Q1 GDP +1.2% q/q (expected +1.4%)
China Q1 GDP +1.2% q/q (expected +1.4%)
Oleh Forex Live
China Q1 GDP +1.2% q/q (expected +1.4%)
China economic growth data is mixed
China
Tesla's plans to ship Cybercab & Semi electric truck parts from China to US suspended
Tesla's plans to ship Cybercab & Semi electric truck parts from China to US suspended
Oleh Forex Live
Tesla's plans to ship Cybercab & Semi electric truck parts from China to US suspended
Due to escalating tariffs imposed by Trump
SPX
China
Nasdaq Technical Analysis
China March new home prices -0.08% m/m (prior -0.1%) and -4.6% y/y (prior -4.8%)
China March new home prices -0.08% m/m (prior -0.1%) and -4.6% y/y (prior -4.8%)
Oleh Forex Live
China March new home prices -0.08% m/m (prior -0.1%) and -4.6% y/y (prior -4.8%)
Marginal improvement? A tiny bit less bad at least.
China Stock Market
China
WTI drifts lower below $61.00 amid uncertainty on Trump trade war
WTI drifts lower below $61.00 amid uncertainty on Trump trade war
Oleh Fxstreet
WTI drifts lower below $61.00 amid uncertainty on Trump trade war
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.80 during the early Asian session on Wednesday. The WTI price remains on the defensive as traders continue to assess the latest headlines on US President Donald Trump's tariff. 
Oil
WTI
Commodities
Macroeconomics
Breaking: Gold price hits an all-time high near $3,275
Breaking: Gold price hits an all-time high near $3,275
Oleh Fxstreet
Breaking: Gold price hits an all-time high near $3,275
The Gold price (XAU/USD) extends the rally and reached a record high near $3,275 per troy ounce during the early Asian session on Wednesday.
XAUUSD
Breaking
Gold
Commodities
Macroeconomics
PBOC sets USD/CNY reference rate at 7.2133 vs. 7.2096 previous
PBOC sets USD/CNY reference rate at 7.2133 vs. 7.2096 previous
Oleh Fxstreet
PBOC sets USD/CNY reference rate at 7.2133 vs. 7.2096 previous
On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.2133 as compared to the previous day's fix of 7.2096 and 7.3272 Reuters estimate.
Currencies
CentralBanks
USDCNY
PBOC