Daily Market Analysis FXTM

As global markets continue to react to geopolitical tensions, fiscal policy shifts, and evolving central bank decisions, May has brought a sharp pivot in sentiment across major currencies. The U.S. dollar (USD) remains under pressure, while fiscal stimulus in Europe and resilient domestic demand in select emerging markets are creating new dynamics in the global foreign exchange landscape. Looking at a shorter timeframe, for example, the above 1-hour chart, we can see that price action began trading in a ranging pattern on April 10, 2025, days ahead of the ECB’s decision. Following the news release that the ECB cut rates by 25 bps, although this can be considered harmful for a currency, the cut was widely expected. The trading range remained intact, showing the currency pair's strength before its breakout (Marked by a circle) above the resistance level on Monday.

PrimeXBT Introduces VIP Tiers with Up to 50% Trading Fee Discounts for Active Traders

Generally, since the U.S. dollar is on the “other side” of 88% of all currency trades, U.S. economic releases tend to have the greatest impact on forex markets. The Canadian dollar (CAD) held firm against the backdrop of rising U.S. protectionism. USD/CAD declined by 4% in April, supported by improving domestic sentiment and resilient export demand—even as U.S. tariffs weighed on Canadian manufacturing.

CRYPTOCURRENCIES

There are two barrier levels, but in this case, neither barrier level can be breached before expiration—otherwise, the option payout is not made. fxpcm This option is great for news traders who think that the economic release will not cause a pronounced breakout in the currency pair and bet that it will continue to range trade. The U.S. dollar extended its downward trend in April, weakening a further 8.5% year-to-date. The initial estimate of Q1 GDP showed a contraction of 0.3%, as businesses and consumers rushed to frontload imports ahead of new U.S. tariffs.

India Gold price today: Gold falls, according to FXStreet data

It’s bound to be another busy week in the forex market with top-tier U.S. inflation figures, key jobs indicators from the U.K. The big news to start the week was the trade truce between the U.S. and China which sent the dollar and risk assets rallying. This article is for general information purposes only, not to be considered a recommendation or financial advice. It is not investment advice or a solution to buy or sell instruments.

• Use our economic calendar to inform yourself of important news events and economic data reports that may shake up the financial markets and impact your trading.
• There are two barrier levels, but in this case, neither barrier level can be breached before expiration—otherwise, the option payout is not made.
• Economies.com provides the latest news and articles about the Forex Market.
• In that case, they are faced with execution risks such as slippage, the inability to execute their entire order, and, in rare cases, the inability to enter the market at all.

Best brokers to trade Gold: Everything you need to know

Check the score based on the company's fundamentals, solvency, growth, risk & ownership to decide the right stocks. The study found that the effect on returns generally occurs in the first or second day, but the impact does seem to linger until the fourth day. The impact on the flow of buy and sell orders, on the other hand, is still very pronounced on the third day and is observable on the fourth day. The Economic Calendar may also be subject to change without any previous notice. Events on the calendar are graded low, medium and high, depending on their likely degree of market impact.

Trading Knowledge

• Get the latest news and insights straight from FXTM's in-house market analysts.
• Males had a median income of $93,401 versus $54,592 for females.
• You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
• Looking at a shorter timeframe, for example, the above 1-hour chart, we can see that price action began trading in a ranging pattern on April 10, 2025, days ahead of the ECB’s decision.
• Solana's (SOL) price is nursing minor losses, down almost 2% to trade at $180 at the time of writing on Wednesday.
• A trader should also consider the overall trend of the indicator itself, its recent performance, and averages.

Since forex trading is the simultaneous buying of one currency and selling another, you can use the Economic Calendar to compare the economies behind each currency. Gold (XAU/USD) started the week on a bullish note and registered impressive gains on Monday and Tuesday before reversing its direction and settling above $3,300 in the second half of the week. With the BOE dropping a bit of a hawkish surprise in their latest policy decision, the focus now turns to the U.K. Labor market to see if the jobs numbers support a more optimistic economic outlook. In the city, the population was spread out, with 26.2% under the age of 20, 3.5% from 20 to 24, 19.2% from 25 to 44, 35.1% from 45 to 64, and 16.0% who were 65 years of age or older.

This coincidentally also reflected the settling of German families. Between 1825 and 1830, Miss Frances Wright established Nashoba Plantation, a utopian community intended to educate emancipated slaves and teach them a trade. By 1830, the first store was opened as more settlers moved into the area.

Read More News on

Oil tumbled on rising OPEC+ supply, while gold jumped as safe haven demand picked up. New Zealand’s quarterly employment report showed a 0.1% uptick in hiring as expected in Q1 while the unemployment rate held steady at 5.1% instead of rising to 5.3%. Australia is expected to report a modest pickup in hiring for April after the previous two months’ employment data fell short. Here are the points you need to know about the upcoming jobs release. The Memphis-Charleston Railroad was built through the community in 1852. Germantown experienced setbacks through the period of the Civil War (1861–1865); the yellow fever epidemics reduced its population to a few hundred.

It is essential to be aware of the specific types of risk that can be present during news trading. We are all human beings and can easily fall into the bias trap while trading. Traders will exaggerate the impact of tools or indicators supporting their bias and dismiss any evidence pointing to the other side.

The Australian and New Zealand dollars remain closely linked to global economic health. The AUD fell sharply in April but rebounded as U.S. tariff escalation paused. However, uncertainty around future rate cuts from the RBA and concerns over China’s slowdown are limiting further upside. While the long-term trajectory for the yen remains upward amid global uncertainty, the next move will likely be driven by bond market trends mercatox exchange reviews and risk sentiment. During the European trading hours, Eurostat will publish Retail Sales data for March.

Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and is not suitable for everyone. The currency market is prone to short-term movements brought upon by economic data releases both in the U.S. and around the globe. By doing research, staying on top of important news, and properly managing risks, traders will have a firm foundation on which to benefit from news-driven trading. Since markets move because of news, economic data is often the most important catalyst for short-term movements. This is particularly true in the currency market, which responds not only to U.S. economic numbers but also to news from around the world.

Paxos is not an NFA member and is not subject to the NFA’s regulatory oversight and examinations. For example, suppose a trader attempts to place a trade in a fast-moving market, especially during or immediately after a major economic release, such as one that may fundamentally alter market sentiment. In that case, they are faced with execution risks such as slippage, the inability to execute their entire order, and, in rare cases, the inability to enter the market at all.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet. In extreme situations, the Federal Reserve may resort to a policy named Quantitative Easing (QE). QE is the process by which the Fed substantially increases the flow of credit in a stuck financial system.It is a non-standard policy measure used during crises or when inflation is extremely low. It was the Fed’s weapon of choice during the alvexo forex broker Great Financial Crisis in 2008.

On shorter time frames, we may see price action trading sideways or within a specified range in the lead-up to the news release. Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks.