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USD/CHF Price Forecast: Corrects to near 0.8400
USD/CHF Price Forecast: Corrects to near 0.8400
The USD/CHF pair retraces to near the round-level support of 0.8400 during North American trading hours on Tuesday.
USDCHF
Fed
Inflation
DollarIndex
SupportResistance
Prop Firm Hola Prime Names NBA Star Karl-Anthony Towns as First Sports Ambassador
Prop Firm Hola Prime Names NBA Star Karl-Anthony Towns as First Sports Ambassador
News Discussion Forum
By Finance Magnates
Prop Firm Hola Prime Names NBA Star Karl-Anthony Towns as First Sports Ambassador
Proprietary trading firm Hola Prime has named NBA player Karl-Anthony Towns as its first sports brand ambassador. The announcement comes as part of the firm's new brand campaign, which was develope...
proprietary trading
prop firms
prop trading
retail
sports-sponsorship
The GBPUSD rebounds and chips away at the topside targets
The GBPUSD rebounds and chips away at the topside targets
The fall below the 38.2% of the move up from the April low at 1.31603 failed yesterday. Price based against retraceement evel before moving higher today
GBP
USD
Crypto Derivatives Get FCA Approval in UK as Trading Venue GFO-X Launches for Institutions
Crypto Derivatives Get FCA Approval in UK as Trading Venue GFO-X Launches for Institutions
News Discussion Forum
By Finance Magnates
Crypto Derivatives Get FCA Approval in UK as Trading Venue GFO-X Launches for Institutions
A once-restricted corner of the UK’s financial markets opened up this week as GFO-X, the country’s FCA-regulated crypto derivatives venue, completed its inaugural trade in London.
The UK
GFO-X
USD/CAD holds steady as Fed path and BoC divergence loom
USD/CAD holds steady as Fed path and BoC divergence loom
USD/CAD is poised at a critical juncture following the release of April’s US Consumer Price Index (CPI), which delivered a mild downside surprise across key inflation components.
USDCAD
BOC
Fed
Majors
Currencies
USDJPY stalls at familiar resistance after tariff‑sparked surge; softer CPI tempers buyers
USDJPY stalls at familiar resistance after tariff‑sparked surge; softer CPI tempers buyers
Tariff bounce fades a bit on softer CPI; USDJPY hangs above the 147.20‑147.34 support band
JPY
USD
Mark Carney to unveil cabinet today
Mark Carney to unveil cabinet today
Chrystia Freeland will remain in cabinet
Politics
EURUSD rebounds, but key levels loom ahead
EURUSD rebounds, but key levels loom ahead
EURUSD bounce stalls between key retracement and resistance levels as traders weigh tariff relief impact
US Pro-Crypto Regulations Set to 'Expand Dominance of U.S. Dollar'
US Pro-Crypto Regulations Set to 'Expand Dominance of U.S. Dollar'
News Discussion Forum
By Finance Magnates
US Pro-Crypto Regulations Set to 'Expand Dominance of U.S. Dollar'
The Trump administration is set to unleash another game-changer for crypto later this year
regulation
FundedNext Introduces Brokerage—FNmarkets Onboards New Head of Product
FundedNext Introduces Brokerage—FNmarkets Onboards New Head of Product
News Discussion Forum
By Finance Magnates
FundedNext Introduces Brokerage—FNmarkets Onboards New Head of Product
FundedNext Brings in a New Era of Trading in the FN Ecosystem with the Launch of a New Brokerage.
US April core CPI +2.8% vs +2.8% y/y expected
US April core CPI +2.8% vs +2.8% y/y expected
US CPI report highlights for April 2025
iFX Expo LATAM 2025 Recap: Exness Affiliates Sets the Bar for Affiliate Programs in LATAM
iFX Expo LATAM 2025 Recap: Exness Affiliates Sets the Bar for Affiliate Programs in LATAM
News Discussion Forum
By Finance Magnates
iFX Expo LATAM 2025 Recap: Exness Affiliates Sets the Bar for Affiliate Programs in LATAM
The event successfully highlighted Exness' commitment to the rapidly growing LATAM market.
Back on inflation watch as US CPI set to drop
Back on inflation watch as US CPI set to drop
CPI is due at the bottom of the hour
EUR offers no reaction to ZEW sentiment data – Scotiabank
EUR offers no reaction to ZEW sentiment data – Scotiabank
The Euro (EUR) is trading flat vs. the US Dollar (USD) and consolidating around 1.11 into Tuesday’s NA session, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EURUSD
Banks
Technical Analysis
CAD trading defensively as wider yield spreads remain a drag – Scotiabank
CAD trading defensively as wider yield spreads remain a drag – Scotiabank
The Canadian Dollar (CAD) is entering Tuesday’s NA session with a marginal decline vs. the US Dollar (USD) as it continues to trade defensively in the aftermath of Monday’s broad-based USD rally, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDCAD
Banks
Technical Analysis
BOC
Canada
USD soft but holding on to recent gains ahead of inflation data – Scotiabank
USD soft but holding on to recent gains ahead of inflation data – Scotiabank
The US Dollar (YSD) is trading softly against a narrow set of G10 currencies but holding on to the bulk of its recent gains as we head into Tuesday’s NA session, Scotiabank's Chief FX Strategist Shaun Osborne notes.
DollarIndex
Banks
Technical Analysis
USD/JPY steadies as BoJ stays hawkish amid US tariff uncertainty, breakout above 148.50 eyed
USD/JPY steadies as BoJ stays hawkish amid US tariff uncertainty, breakout above 148.50 eyed
The Japanese Yen (JPY) is holding steady near 148.00 against the US Dollar (USD) on Tuesday, pausing after a steep rise in the previous day. Despite the short pullback, the US Dollar remains resilient, supported by a temporary easing in US-China trade tensions.
Japan
USDJPY
Forexlive European FX news wrap: Encouraging improvement in soft data, US CPI next
Forexlive European FX news wrap: Encouraging improvement in soft data, US CPI next
Forex news from the European morning session on May 13, 2025
Session wrap
Wrap Europe
Robinhood to Acquire Canada’s WonderFi for C$250 Million in All-Cash Deal
Robinhood to Acquire Canada’s WonderFi for C$250 Million in All-Cash Deal
News Discussion Forum
By Finance Magnates
Robinhood to Acquire Canada’s WonderFi for C$250 Million in All-Cash Deal
Robinhood Markets, Inc. has agreed to acquire WonderFi Technologies Inc., a Canadian company that operates two regulated crypto trading platforms.
robinhood
crypto
cryptocurrency
Finvasia CEO’s Overhaul Call: “Fundamental Disconnect Between Traders and Brokers”
Finvasia CEO’s Overhaul Call: “Fundamental Disconnect Between Traders and Brokers”
News Discussion Forum
By Finance Magnates
Finvasia CEO’s Overhaul Call: “Fundamental Disconnect Between Traders and Brokers”
“We entered this space not to be another broker—but to question why the system looks the way it does,” Tajinder Virk, the CEO and co-founder of Finvasia Group, told FinanceMagnates.
Finvasia
fxtrade
ZuluTrade
US Trade Rep. Greer: We're moving as quickly as we can on trade deals
US Trade Rep. Greer: We're moving as quickly as we can on trade deals
United States Trade Representative (USTR) Jamieson Greer told CNBC on Tuesday that it will take time to end non-tariff barriers with China.
UnitedStates
Macroeconomics
USTR Greer: We are moving as quickly as we can on trade deals
USTR Greer: We are moving as quickly as we can on trade deals
Comments from the US Trade Representative, Jamieson Greer
market overview
AUD/USD jumps above 0.6400 as antipodeans outperform on US-China tariff pause
AUD/USD jumps above 0.6400 as antipodeans outperform on US-China tariff pause
The AUD/USD pair climbs to near 0.6410 during European trading hours on Tuesday. The Aussie pair strengthens on the outperformance of antipodeans after the United States (US) and China averted the trade war after agreeing to lower import duties following a two-day meeting in Switzerland.
AUDUSD
China
UnitedStates
Employment
Inflation
Mexican Peso strengthens on soft US CPI, focus shifts to Banxico rate decision
Mexican Peso strengthens on soft US CPI, focus shifts to Banxico rate decision
The Mexican Peso (MXN) is trading higher against the US Dollar (USD) on Tuesday, supported by a rebound in global risk appetite and rising expectations of a more dovish Federal Reserve stance following softer-than-expected inflation data released at 12:30 GMT.
USDMXN
Fundamental Analysis
Technical Analysis
Banxico
SEO
Chinese Copper imports have reached their limit – Commerzbank
Chinese Copper imports have reached their limit – Commerzbank
In April, China imported a record-breaking 2.92 million tons of Copper ore and concentrate. Over the last 12 months, a total of 28.8 million tons were imported, which is also a record high.
Metals
Banks
Commodities
Copper
China
WTI extends winning streak on US-China trade truce
WTI extends winning streak on US-China trade truce
West Texas Intermediate (WTI), futures on NYMEX, extends its winning streak for the fourth trading session on Tuesday. The Oil price climbs to near $62.00 as the 90-day agreement between the United States (US) and China to reduce tariffs substantially by 115% has boosted its demand outlook.
Oil
WTI
Fed
China
RussianFederation
US Dollar faces setback with traders mulling rate cut bets after tepid CPI reading
US Dollar faces setback with traders mulling rate cut bets after tepid CPI reading
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, corrects to near 101.50 ahead of the US trading session on Tuesday.
DollarIndex
Macroeconomics
UnitedStates
SEO
TradeWar
Strong inflows into Chinese Gold ETFs in April – Commerzbank
Strong inflows into Chinese Gold ETFs in April – Commerzbank
The World Gold Council reported Gold ETF data for April last week, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold
Banks
Metals
XAUUSD
Commodities
USD/CNH can continue to weaken – UOB Group
USD/CNH can continue to weaken – UOB Group
US Dollar (USD) could continue to weaken vs Chinese Yuan (CNH); the major support at 7.1700 is likely out of reach for now. In the longer run, renewed downward momentum suggests 7.1700 is back in sight, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Banks
Technical Analysis
USDCNH
B2PRIME Hires Executive Sales Trader; Adds Indices and Commodities
B2PRIME Hires Executive Sales Trader; Adds Indices and Commodities
News Discussion Forum
By Finance Magnates
B2PRIME Hires Executive Sales Trader; Adds Indices and Commodities
Lee Shmuel Goldfarb has joined B2PRIME Group as an Executive Sales Trader. He brings several years of experience in institutional sales and trading.
moves
MOVE
industry move
executive moves
executive move
B2Prime
ECB's Nagel: It's important to be cautious and not overreact
ECB's Nagel: It's important to be cautious and not overreact
Comments from the ECB policymaker, Joachim Nagel
Silver, Platinum and Palladium also decline – Commerzbank
Silver, Platinum and Palladium also decline – Commerzbank
Silver, Platinum and Palladium initially rose after the tariff announcement yesterday, but subsequently also came under pressure in the wake of Gold, Commerzbank's commodity analyst Carsten Fritsch notes.
Banks
Metals
Commodities
Silver
Platinum
USD/JPY: Likely to trade in a 146.50/148.60 range – UOB Group
USD/JPY: Likely to trade in a 146.50/148.60 range – UOB Group
US Dollar (USD) is likely to trade in a 146.50/148.60 range vs Japanese Yen (JPY). In the longer run, further USD strength is likely, but it could first trade in a range for a few days; the level to monitor is 149.30, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USDJPY
Technical Analysis
Banks
Pound Sterling gains sharply against US Dollar on slower US inflation growth
Pound Sterling gains sharply against US Dollar on slower US inflation growth
The Pound Sterling (GBP) jumps to near 1.3250 against the US Dollar (USD) during North American trading hours on Tuesday. The GBP/USD pair strengthens as the US Dollar falls back after the United States (US) Consumer Price Index (CPI) report showed that inflationary pressures cooled down in April.
GBPUSD
Fed
BOE
China
SEO
Gold price under pressure after announcement of tariff suspension – Commerzbank
Gold price under pressure after announcement of tariff suspension – Commerzbank
The price of Gold fell by up to 3.5%, or more than $100, to just over $3,200 per troy ounce following the news of the temporary lifting of most of the reciprocal tariffs between the US and China, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold
XAUUSD
Banks
Commodities
Metals
B2BROKER Upgrades B2CORE: Focusing on User Control and Flexibility
B2BROKER Upgrades B2CORE: Focusing on User Control and Flexibility
News Discussion Forum
By Finance Magnates
B2BROKER Upgrades B2CORE: Focusing on User Control and Flexibility
B2CORE has added guided onboarding, interface previews, and interactive hints for new users.
USD/JPY holds gains as BOJ stays cautious on rate path – BBH
USD/JPY holds gains as BOJ stays cautious on rate path – BBH
USD/JPY consolidates near recent highs as the BoJ’s cautious tone and low market-implied hike expectations contrast with ongoing dollar strength, BBH FX analysts report.
USDJPY
Banks
BOJ
NZD/USD is on the downside – UOB Group
NZD/USD is on the downside – UOB Group
The risk for New Zealand Dollar (NZD) is on the downside vs US Dollar (USD), but any decline is likely part of a lower range of 0.5835/0.5900.
NZDUSD
Banks
Technical Analysis