USD surged on safe-haven demand. Gold rose for the 6th week. Trump may hike tariffs.
Last Friday, the US dollar index returned to the 108 mark and ultimately closed up 0.36% at 108.10, as non farm payrolls hinted that the Federal Reserve would continue to pause interest rate cuts and
DBG Markets: Market Report for Feb 10, 2025
Market OverviewThis week promises significant market activity with key speeches and data releases. On Tuesday, both BoE Governor Bailey and Fed Chair Powell will deliver addresses. Wednesday will see
Trump’s Tariff Threat Lifts Dollar
The Financial Market was rattled by President Trumps comment on the Steel and Aluminum tariff. Eyes on tomorrows Jerome Powell Testimony for Fed monetary policies. Gold remains strong amid heightened
Financial News: Today's Developments
Market Overview This week promises significant market activity with key speeches and data releases. On Tuesday, both BoE Governor Bailey and Fed Chair Powell will deliver addresses. Wednesday
Economic Headlines: Today's Market Impact
Market Overview This week promises significant market activity with key speeches and data releases. On Tuesday, both BoE Governor Bailey and Fed Chair Powell will deliver addresses. Wedne
US January Non-farm Payroll Below Expectations; Gold Hits New Record High!
Hot spot trackingTrumps latest statement early this morning: he will announce on Monday that a 25% tariff will be imposed on all steel and aluminum entering the United States. This news is bearish for
Market Analysis for Today
Amidst the escalating trade war and a mixed US employment report, gold resumed its upward trend on Friday, trading at $2,862 with a 0.24% increase.US President Donald Trump plans to announce tariffs o
Crypto Bull Run 2025: Market Consequences and Earning Strategies – An Octa Broker Perspective
Coming into 2025, the cryptocurrency market is on the upswing. Bitcoin has reached another all-time high (ATH), surpassing $109,000 on 20 January 2025, ahead of Donald Trumps inauguration. The overall
GTCFX Awarded "Best Liquidity Provider" at QFEX 2025 in Qatar!
We are proud to announce that GTCFX has been recognized as the “Best Liquidity Provider” at the QFEX 2025 exhibition in Qatar! This achievement highlights our commitment to delivering exceptional liqu
【MACRO Alert】Trump administration's unilateralism and its damage to the international order and the
The Trump administration has ignored the core principle of the World Trade Organization (WTO) rules - the most-favored-nation treatment, and imposed a 10% tariff on Chinese exports to the
USD strengthens, gold dips, and payroll data hits markets.
On Thursday, amid the stirring of new news unrelated to taxes, the market was hoping for Fridays non farm payroll data, and the US dollar index rebounded slightly. After being named by the US Treasury
DBG Markets: Market Report for Feb 07, 2025
Market AnalysisGOLD - Gold recently underwent a correction, with current highs now being flagged as overbought by the RSI. The MACD shows fading selling momentum and hints of renewed buying strength.
The Daily Brief: Your Economic Rundown
Market AnalysisGOLD - Gold recently underwent a correction, with current highs now being flagged as overbought by the RSI. The MACD shows fading selling momentum and hints of renewed buying strength.
Financial Forecast: What to Expect Today
Market AnalysisGOLD - Gold recently underwent a correction, with current highs now being flagged as overbought by the RSI. The MACD shows fading selling momentum and hints of renewed buying strength.
What are the best forex trading platforms/brokers?
When it comes to choosing a forex trading platform and broker, its essential to consider factors such as reliability, reputation, trading tools, customer support, and regulatory compliance. One highly
Trump Reiterates Increase in Production to Lower Oil Prices; Gold Falls from Record High!
Hot spot trackingFederal Reserve Vice Chairman Jefferson: Even if the interest rate is cut by 100 basis points, the Federal Reserves interest rate will still be at a restrictive level. This news is be
Will CPI Next Week Keep Fed On Course?
Wednesday, 12 February 2025, 15:30US CPI (YoY) (Jan)The U.S. Consumer Price Index (CPI) rose 2.9% year-over-year in December, in line with market expectation and up from 2.7% in November. The uptick i
FRIDAY TRADING
BUY GOLD 2835 and below target 2870SELLGOLD 2873 and above target 2830BUY EURUSD 10325 target 10420SELL EURUSD 10420 target 10330BUY GBPUSD 12360 target 12470SELL GBPUSD 12477 target 12388BUY USDJPY 1
Safe-haven demand drops; USD falls, gold hits record highs.
On Wednesday, the US data was mixed, and Federal Reserve officials spoke cautiously. The US dollar index continued to decline, closing down 0.36% at 107.62. The yield of US two-year treasury bond bond
FPG TSLA Market Report February 6, 2025
TSLA is in a bearish trend after a recent reversal, moving away from the upper Bollinger Band and approaching the middle band as the nearest support level. The price is currently around 381.59, with b