U.S. federal agencies have until next Monday to report their holdings of Bitcoin and other digital assets to Treasury Secretary Scott Bessent, a White House official confirmed to journalist Eleanor Terrett. This measure is part of the executive order signed by President Donald Trump on March 6, which establishes the Strategic Reserve of Bitcoin and […]
Dollar Falls Due to Recession Fears, Euro and Yen on the Rise
The U.S. dollar weakened on Monday as recession concerns deepened and trade tensions escalated under the Trump administration’s tariff policies. At 05:30 ET (09:30 GMT), the Dollar Index, which measures the greenback against a basket of six major currencies, slipped 0.2% to 102.600. This decline follows last week’s drop to a six-month low before staging […]
Daily Technical Analysis EUR/USD: Holds Above 1.0900 Amid Trade Tensions
Despite USD weakness, traders remain cautious about aggressively buying the euro due to rising trade tensions between the U.S. and the European Union (EU). The EU faces 25% tariffs on steel, aluminum, and cars, with reciprocal duties of 20% on most other goods. In response, the European Commission is set to announce a list of […]
Inflation Explained: Causes, Effects, and Economic Impact
Inflation is a key aspect of the economy and plays a vital role in financial analysis. To understand its impact, it is vitally important to be familiar with its different manifestations, such as deflation and hyperinflation. Central banks have the difficult task of maintaining a balance between economic growth and price stability. The vast majority […]
Dollar Stabilizes Ahead of Key Tariff News; Euro Drops
The U.S. dollar remained range-bound on Wednesday as traders awaited clarity on the Trump administration’s latest tariff measures, set to be announced later in the session. As of 03:10 ET (08:10 GMT), the Dollar Index edged slightly lower to 103.900, following a 3% decline in March—its worst monthly performance since November 2022. Market Focus: “Liberation […]
Daily technical analysis EUR/USD: firms up as traders hold their breath in anticipation of tariffs
EUR/USD remained range-bound on Tuesday, hovering near the 1.0800 level as investors braced for U.S. President Donald Trump’s long-anticipated “reciprocal” tariffs package, set to be announced on Wednesday at 19:00 GMT (4:00 PM EST). The details of the tariff plan remain uncertain, with previous proposals shifting multiple times or facing delays—Trump has already postponed similar […]
Outlook for the Week of March 31 – April 4
Key economic events this week include U.S. inflation, jobs data, and trade risks, with Trump’s tariffs potentially impacting global markets. The UK’s CPI and budget statement may test sterling, while eurozone inflation could push the ECB toward a rate cut. In Asia, Japan’s Tankan survey and Australia’s RBA decision will shape market sentiment. For additional […]
The Power of Position Trading: Long-Term Gains in Volatile Markets
Position trading is a strategy that involves holding a financial asset for a long period of time with the aim of benefiting from its price appreciation. Unlike intraday traders, who focus on rapid market movements, position traders have a much longer-term perspective and do not react to daily fluctuations, but rather to more significant movements […]
Outlook for the Week of March 24 – 28
The week of March 24–28 brings key economic events. In the U.S., inflation and consumer spending data will be in focus, alongside GDP revisions and durable goods orders. The UK’s budget and CPI report will test sterling’s recent rally, while the euro’s momentum hinges on flash PMIs and Germany’s business sentiment. In Asia, inflation data […]
What is Scalping? The Fast-Paced Trading Strategy Explained
Scalping is a trading strategy that consists of making small profits from rapid market movements. Trading of this sort involves opening and closing positions within seconds or minutes; hence, rapid analysis and execution become paramount. In this guide, we explain what scalping is, its advantages and disadvantages, as well as the main indicators and strategies […]