Image source: Pixabay Overview: The US made good on its threats to levy 25% tariffs on Canada and Mexico, and 10% tariffs on China. There still seems to be skepticism in the market, with many thinking the tariffs on Canada and Mexico
February 3, 2025
Image Source: Pexels Energy remains the key story, while inflation for non-energy goods and services remains stable. Weak demand and a cooling labor market are likely limiting price increases, which should help keep inflation pressures in check throughout the year.According to
WTI Elliott Wave AnalysisWTI completed the bullish correction from September 2024 and now turning lower after being resisted at a ket Fibonacci zone. It appears the decline from the 15 January top will extend much lower to continue the near-term bearish cycle from
Photo by Michelle Spollen on Unsplash The USD/CAD pair surged above 1.4760 on Monday, reaching its highest level since April 2003. This sharp rise came in response to the US government’s decision to impose 25% tariffs on Canadian imports, significantly impacting the Loonie.
Image Source: Pixabay As of Friday, the Dow Jones (US30) was down 0.75% (for the week +0.90%). The S&P500 Index (US500) decreased by 0.50% (for the week +1.20%). The Nasdaq Technology Index (US100) is down 0.14% (for the week +2.28%). Stocks
Hello Crypto traders! Let’s start with a daily Crypto total market cap chart, just to see where we are after the recent sell-off. A decline is coming from a stock market slow down due to end of the month flows
Today’s BTC/USD Signals Risk 0.50% per trade.Trades must be entered prior to 5pm Tokyo time Tuesday. Long Trade Ideas Go long after a bullish price action reversal on the H1 timeframe following the next touch of $95,362, $93,010, $91,250. Put the stop loss $100 below the
Image Source: Pixabay The US Dollar is broadly bid across G10 FX following President Trump’s announcement to impose tariffs on goods from Canada, Mexico, and China. In contrast, stock markets and cryptocurrencies experienced sharp declines overnight, although most markets are stabilizing
The media holds bond vigilantes out as do-gooders looking to force the government to be fiscally responsible. In reality, these vigilantes are traders who are short bonds, and use the fear of deficits and inflation to drive yields higher. While
XRP price started a major decline below the $3.00 zone. The price is down over 25% and there was a spike below the $2.00 support zone. XRP price started a fresh decline below the $2.80 and $2.50 levels. The price
