Euro / U.S. Dollar forum
EURUSD okay I just saw this when I was screwing around on Google unionrayo.com/en/goodbye-to-dollar-11-countries-drop-it-2025/this was posted April 4th 2 days after the Tarrifs lol so again I ask you the question why are we short lol when prices are falling for the DXy and demand is even falling lol people don't want a depreciating asset so mostly people are going to favour gold over the dollar. make it make sense short sellers. honestly I totally could be wrong but there's so many bad factors at play with the USD. even tho there former ussr countries that still doesn't take away the billions of less dollars being used by countries and keep in mind other countries could follow suit it's possible, anything is possible in these markets
EURUSD i think monday open dxy goin to bullish 😂EURUSD one final tax thought I'm a Canadian and I understand how Canadian taxes work but I'm still not a licensed expert but if you've taken losses you can reduce your capitals gains tax with your losses so if your in a position where you made alot you could take a few small losses to offset your gains tax or if you've already taken losses you can utilize that on capital gains and if I'm right I think you could even use these losses for stocks. not financial advice get a tax specialist if you require itEURUSD I’m a noob when it comes to fx as im still newish but if you don’t understand taxes then you should really learn rn CO’s thats coming up. For fx in Canada it’s considered as a capital gain and trading fx its considered a non registered account here in Canada you CANNOT trade forex under a TFSA or an RRSP
EURUSD do you have to declare income from forex in your annual tax return statement?EURUSD here’s a thought if tarrifs are already priced in with previous sessions and Reuters came out with a new article and it seems like people are skipping over one specific line in the article that’s says “Such a move would mean the EU joining China and Canada in imposing retaliatory tariffs on the United States in an early escalation of what some fear will become a global trade war, making goods more expensive for billions of consumers and pushing economies around the world into recession.” So why would the DXY be bullish thats my question because it doesn’t make any logical sense to me
EURUSD This is my Buying Zone