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US Secretary of Commerce Howard Lutnick unveiled White House’s plans for US auto markers. Key QuotesAdjustments to autos tariffs are aimed at allowing domestic automakers time to grow US plants, employment.The executive orders grew out of detailed conversation with domestic car makers.Manufacturers

Catalysts abound, but many roadblocks exist We just witnessed a textbook squeeze on the tape — but before anyone gets carried away thinking this is a green light to go all in, let’s stay sharp. This market may have generated some severe heat, but a few critical pieces still need to fall into place b

USD/CAD finds Initial resistance at the nine-day EMA around 1.3890.The 14-day RSI is positioned above the 30 level, suggesting a continuation of short-term corrective bounce.The pair may find primary support at the six-month low of 1.3781. The USD/CAD pair retraces its gains from the previous sessio

Shopify Inc. is a Canadian multinational e-commerce company in Ottawa, Ontario. Shopify (SHOP) is the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. The Shopify platform offers online re

We have seen much USD weakness based on the trade wars being started by the US administration. We are seeing some consolidation going into the Easter and don’t forget, Monday is a holiday in many markets as well. The question is: will this consolidation turn into a reversal? For example, price actio

Importance of Risk Management in Trading Risk management is often considered the cornerstone of successful trading. Even the most profitable trading strategies can fail without adequate risk management. Here’s why it matters: Preservation of Capital: It ensures that traders can survive periods of lo

On Wednesday, China’s Foreign Ministry urged the US to stop threats and blackmail. “If US wants to solve issues through dialogue, it should stop exerting maximum pressure,” the Ministry added. Market reaction At the time of writing, AUD/USD is off the highs, still up 0.23% on the day, trading neat 0

EUR/USD trades near the 1.1200 zone after a sharp rally.Technical indicators lean bullish, with MACD favoring more upside and key moving averages aligned to support.Support is seen near the 1.1000 area, while resistance is uncharted after breaking to new yearly highs. The EUR/USD pair extended its r

Donald Trump has ignited a global trade war by enforcing sweeping new tariffs, defying market turmoil and criticism from business and political leaders. Donald Trump has launched a full-blown trade war, enforcing major tariffs on China, the EU, and other key trading partners, despite financial marke

Trend Watch: Forex US Stock Futures Tumble as S&P 500 Dips Below 5,000 Amid Escalating Trade War U.S. stock index futures fell sharply on Tuesday night following a steep sell-off on Wall Street, with the S&P 500 closing below the key 5,000 level for the first time in nearly a year. The decli