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Breaking News: Gold Fell 550 pips after Trump Delayed China Tariffs

Trump delayed tariffs due to pressure from US businesses while US-China trade talks continue to show no progress. Gold could resume its uptrend.

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Breaking News: Kiwi Plunges After RBNZ’s Surprise Cut of 50bps

After the surprise cut of 50bps, RBNZ Gov Orr hinted at negative rates amid worsening trade conflict and darkening global outlook. NZD/JPY could head towards 65.30.

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Breaking News: Gold Rose by 400 Pips after Trump Slaps Additional Tariffs on China

China is likely to retaliate if the tariffs were to go into effect, which could cause funds to flow into safe havens. Gold could resume its uptrend.

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Breaking News: GBP/JPY Fell 150 Pips Amid Concerns of No-deal Brexit

Odds of a no-deal Brexit increased after PM Johnson said he will not meet EU leaders unless they shift their Brexit position. With GBP/USD hitting a 2016 low, we could expect some retracement after...

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Breaking News: Boris Johnson Succeeds as PM, No-deal Brexit on the Table

With Boris Johnson’s “do or die” commitment to leave the EU by the hard deadline of 31st October, a no-deal Brexit seems highly probable. Sterling could weaken across the board.

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Breaking News: Fed to Cut Rates Despite Better US Retail Sales

Fed is still expected to cut rates even though retail sales surpassed market expectations. Long NZD/USD?

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Breaking News: Fed Signalled Rate Cut for This Year

Fed’s dot plot included a rate cut for the first time and lowered economic projections. Short USD/JPY?

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Breaking News: What To Expect From ECB Tonight

With the market already pricing in a downgrade in eurozone economic projections, only a change in forward guidance could push euro lower. Short EUR/USD if Draghi were to mention a rate cut tonight.

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Breaking News: Aussie Dollar Strengthened Despite Rate Cut

As the market is already pricing in a rate cut today coupled with Governor Lowe’s optimism on Australia’s economy, EUR/AUD could fall further if GDP tomorrow is strong.

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Breaking News: US Tax Hike in Effect

The US decided to increase its tax rate from 10% to 25%.

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