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Recent Channel Posts
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🚨The FREE Forex BLUEPRINT Is OUT Now 🚨 : https://bit.ly/3OIz7iw
This Blueprint will help you understand the basics of forex trading from lot sizes to trading psychology. Everything broken down so you can simply understand 🫡🔥🔥🥂
908
07:41
10.02.2025
🚨THIS WEEK NEWS THAT WILL EFFECT THE MARKET🚨
10 February- 14 February 2025
1. Bank of England's Interest Rate Cut
the Bank of England reduced its key interest rate from 4.75% to 4.5% to stimulate the UK's slowing economy. The central bank also signaled the possibility of further cuts, citing downgraded growth forecasts and rising inflation concerns.
-THEGUARDIAN.COM
Potential Market Impact:
GBP/USD: The rate cut led to a depreciation of the British pound against the U.S. dollar. Traders should be cautious of potential further declines if additional rate cuts are implemented.
2.Anticipated U.S. Tariffs on Canada and Mexico
The forex market is bracing for volatility as the U.S. approaches a deadline to impose 25% tariffs on imports from Canada and Mexico, aimed at addressing illegal immigration and fentanyl trafficking. The deadline is set for February 15, 2025.
LITEFINANCE.ORG
Potential Market Impact:
USD/CAD and USD/MXN: The imposition of tariffs could lead to depreciation of the Canadian dollar and Mexican peso against the U.S. dollar due to anticipated economic impacts. Traders should monitor these pairs for increased volatility.
3. Key Economic Data Releases
This week features several significant economic data releases:
- U.S. Consumer Price Index (CPI): Scheduled for February 13, 2025, this data will provide insights into U.S. inflation trends.
- Eurozone Gross Domestic Product (GDP): Set for release on February 14, 2025, offering a gauge of the region's economic health.
Potential Market Impact:
EUR/USD: Positive U.S. CPI data could strengthen the U.S. dollar against the euro, while robust Eurozone GDP figures might bolster the euro. Traders should be prepared for potential fluctuations in the EUR/USD pair based on these releases.
There You Go Your News For The WEEK! You should remain vigilant and monitor these events closely, as they have the potential to cause significant fluctuations in currency valuations.
1027
07:41
10.02.2025
🚨THIS WEEK NEWS THAT WILL EFFECT THE MARKET🚨
3 February- 7 February 2025
1. U.S. Imposes Tariffs on Key Trading Partners
On February 1, 2025, President Donald Trump signed executive orders imposing tariffs on imports from China, Canada, and Mexico. This action has led to a strengthening of the U.S. dollar and declines in other markets. - THEAUSTRALIAN.COM.AU
Impact on the Market:
USD/CAD and USD/MXN: The tariffs have heightened market volatility, leading to increased demand for USD/CAD options. The Canadian dollar's implied single-week volatility has reached its highest level since October 2022, while the Mexican peso's volatility is at its peak since the last U.S. election. - REUTERS.COM
2. Japan-U.S. Cooperation on Forex Issues
Japanese Finance Minister Katsunobu Kato and U.S. Treasury Secretary Scott Bessent have agreed to cooperate on various financial issues, including foreign exchange, following a recent video conference. This collaboration aims to address concerns over market reactions to U.S. economic policies. - REUTERS.COM
Impact on the Market:
USD/JPY: Enhanced cooperation between Japan and the U.S. may lead to coordinated interventions or policy adjustments, potentially stabilizing the USD/JPY pair.
3. Upcoming Economic Data Releases
Key economic indicators are scheduled for release this week, including U.S. PMI Manufacturing data and Construction Spending figures. These data points can influence market sentiment and currency valuations. - FOREX.TRADINGCHARTS.COM
Impact on the Market:
Major Currency Pairs: Positive or negative economic data can lead to adjustments in interest rate expectations, affecting currency strength across the board.
There You Go Your News For The WEEK! You should remain vigilant and monitor these events closely, as they have the potential to cause significant fluctuations in currency valuations.
1641
09:45
03.02.2025
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265
07:59
21.01.2025
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2615
06:55
20.01.2025
🚨THIS WEEK NEWS THAT WILL EFFECT THE MARKET🚨
20 January-24 January 2024
1. U.S. Presidential Inauguration
On January 20, 2025, Donald Trump will be inaugurated as the President of the United States. Investors are keenly awaiting his inaugural address and the potential policy directions he may outline. The U.S. dollar has exhibited cautious behavior leading up to this event, with the dollar index slightly declining by 0.16% but remaining near a 26-month high. Analysts from Goldman Sachs anticipate that while Trump's policies might bolster the dollar in the long term, there are short-term risks to consider.
-REUTERS
2. Bank of Japan's Monetary Policy Meeting
The Bank of Japan (BOJ) is scheduled to hold its monetary policy meeting on January 23-24, 2025. There is speculation that the BOJ may increase its key interest rate to 0.5%, signaling a shift towards monetary policy normalization. Such a move could strengthen the Japanese yen and impact currency pairs involving the yen.
-REUTERS
3. Economic Data Releases
Throughout the week, several key economic indicators are set to be released:
United States:
S&P Global Manufacturing and Services Purchasing Managers' Indexes (PMIs) for January will be published on Friday, providing insights into the health of the U.S. economy.
-BARRON'S
United Kingdom and Germany:
Inflation data, retail figures, and labor statistics are anticipated, which could influence the British pound and the euro.
-THE RIO TIMES
4. Market Holidays and Liquidity Considerations
It's important to note that U.S. financial markets will be closed on Monday, January 20, in observance of Martin Luther King Jr. Day. This closure may lead to reduced trading volumes and increased volatility in the forex market at the start of the week.
-IC MARKETS
You should remain vigilant and monitor these events closely, as they have the potential to cause significant fluctuations in currency valuations.
2541
06:06
20.01.2025
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🚨The FREE Forex BLUEPRINT Is OUT Now 🚨 : https://bit.ly/3OIz7iw
This Blueprint will help you understand the basics of forex trading from lot sizes to trading psychology. Everything broken down so you can simply understand 🫡🔥🔥🥂
861
08:56
09.12.2024
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690
07:00
28.11.2024
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