FM-ForexMastermind

FM-ForexMastermind

🔔🔔🔔 AUD/USD news: ➡️ The AUD/USD pair extended its winning streak into a fifth consecutive session on Tuesday, revisiting its monthly high around 0.6390. The Australian dollar has shown notable strength in recent days, despite the escalating trade tensions between the U.S. and China, which have dampened Australia’s economic outlook. U.S. President Trump...

FM-ForexMastermind Updated 

🔔🔔🔔 GBP/USD news: ➡️ GBP/USD is holding modest bids near the 1.3200 mark during early European trading on Tuesday. Recent UK data revealed that the unemployment rate remained steady at 4% for the three months to February, while average earnings came in weaker than expected, putting downside pressure on the British pound. ➡️ After gaining nearly 1% on Friday...

FM-ForexMastermind Updated 

🔔🔔🔔 USD/JPY news: ➡️ USD/JPY is trimming losses and reclaiming the 143.00 level during Monday’s Asian session, as the US dollar stabilizes following its recent decline, with traders digesting Trump’s weekend tariff announcements. ➡️ Meanwhile, the Japanese yen continues to attract safe-haven inflows amid escalating US-China trade tensions. Diverging policy...

FM-ForexMastermind Updated 

🔔🔔🔔 Gold news: ➡️ Gold is retreating from its record high of $3,245 reached early Monday, extending Friday’s late decline. A drop in safe-haven demand and a broad rebound in the US dollar have weakened the yellow metal, amid news that US tariffs on Chinese semiconductors and electronics may not be as severe as expected. ➡️ After surging 6.5% last week, gold...

FM-ForexMastermind Updated 

🔔🔔🔔 GBP/USD news: ➡️ The British pound (GBP) extended its intraday rally against the US dollar (USD) at the start of the week, with the GBP/USD pair climbing toward 1.3150 during Monday’s European session. It is now aiming to retest the six-month high of 1.3207, last seen on April 3, as investors continued to sell off the US dollar following the announcement...

FM-ForexMastermind Updated 

🔔🔔🔔 GBP/USD news: ➡️ GBP/USD continues to climb, approaching the 1.3100 mark during European trading, as the persistent weakness in the U.S. dollar remains a key market driver. Escalating concerns over the deepening U.S.-China trade conflict and its potential to trigger a U.S. trade conflict. recession are weighing heavily on sentiment. ➡️ Broad-based selling...

FM-ForexMastermind Updated 

🔔🔔🔔 USD/JPY news: ➡️ The USD/JPY pair is trimming losses to retest the 143.50 level during Friday's Asian trading hours, after briefly dipping below 143.00. The pair is closely tracking U.S. dollar movements amid persistent trade concerns and growing fears of a U.S. economic downturn. Expectations of policy divergence between the Federal Reserve and the Bank of...

FM-ForexMastermind Updated 

🔔🔔🔔 EUR/USD news: ➡️ EUR/USD regained momentum and surpassed 1.1300 in the European session on Friday. The currency remained supported amid easing US-EU trade tensions and a weaker US dollar. Tariff talks will be closely watched along with Lagarde's speech and US data. Personal opinion: ➡️ EUR/USD RSI entered the overbought zone and showed signs of...

FM-ForexMastermind

🔔🔔🔔 Gold news: ➡️ Gold prices hit an all-time high of $3,219 during Friday’s Asian session, supported by a weaker U.S. dollar and escalating trade tensions between the United States and China, which boosted demand for traditional safe-haven assets. Meanwhile, expectations of a more dovish Federal Reserve also contributed to the rally. Earlier U.S. economic data...

FM-ForexMastermind Updated 

🔔🔔🔔 Gold news: ➡️ Gold prices extended their earlier recovery to trade near $3,100 in the Asian session on Thursday. Safe-haven demand amid escalating trade tensions between the United States and China provided some support for the precious metal. The selling of the US Dollar (USD) remained unabated amid the prospect of multiple Fed rate cuts in 2025 and...

FM-ForexMastermind Updated 

🔔🔔🔔 Gold news: ➡️The earlier sell-off was likely a result of broad-based asset liquidation, possibly due to margin calls or similar pressures. However, as the selling pressure eased, gold re-emerged as a safe haven during times of uncertainty. Its growing rebound reflects investor concerns over tariff threats and the potential reshaping of global trade...

FM-ForexMastermind Updated 

🔔🔔🔔 EUR/USD news: ➡️ The EUR/USD pair climbed toward 1.1065 during early European trading on Wednesday, as the U.S. dollar weakened against the euro following the implementation of President Donald Trump's tariff policies. Later in the day, market participants are expected to turn their focus to the release of the FOMC meeting minutes. ➡️ On Tuesday, the U.S....

FM-ForexMastermind Updated 

🔔🔔🔔 USD/JPY news: ➡️ US President Donald Trump said on Wednesday he would temporarily roll back the heavy tariffs he imposed on dozens of countries while continuing to ramp up pressure on China, sending US stocks soaring. US stocks rose on the news, with the benchmark S&P 500 index, open new tab, closing up 9.5%. Bond yields fell from earlier highs and the...

FM-ForexMastermind

🔔🔔🔔 AUD/USD news: ➡️ The AUD/USD pair rose to 0.6170 during Wednesday’s U.S. session, supported by risk-on flows and broad weakness in the U.S. dollar. Market sentiment improved following Trump’s unexpected decision to pause key tariffs for 90 days; however, Federal Reserve officials cautioned about the risks of long-term inflation. While the Australian dollar...

FM-ForexMastermind

🔔🔔🔔 USD/CAD news: ➡️ Crude oil prices dropped to new multi-year lows amid growing fears that sweeping tariffs imposed by U.S. President Donald Trump and the escalating trade war between the U.S. and China could push the global economy into recession, thereby weakening fuel demand. Additionally, the risk of rising trade tensions between the U.S. and Canada,...

FM-ForexMastermind Updated 

🔔🔔🔔 AUD/USD news: ➡️ The Australian Dollar (AUD) saw a modest recovery on Tuesday following a sharp decline over the past few days. AUD/USD climbing toward the resistance level at 0.6100 after bouncing from a low near 0.5930 — a level last seen in March 2020 — posting slight gains on the day. The pair's upward movement was largely driven by a broader pullback...

FM-ForexMastermind Updated 

🔔🔔🔔 Gold news: ➡️ Gold prices remain confined to a range near multi-week lows reached on Monday amid mixed fundamental signals. The ongoing global trade war and growing fears of an economic recession have triggered a prolonged sell-off in stock markets worldwide. Additionally, rising expectations of more aggressive interest rate cuts by the Fed and a weaker US...

FM-ForexMastermind

🔔🔔🔔 GBP/USD news: ➡️ The British Pound (GBP) extended its previous day’s rebound, rising toward 1.2850 against the U.S. Dollar (USD) during Wednesday’s European session. The GBP/USD pair gained as the U.S. dollar remains under selling pressure amid growing concerns that the United States may enter a recession this year. TheU.S. Dollar Index (DXY), which...