FM-ForexMastermind

FM-ForexMastermind Updated 

• Gold news: 🔆Gold is still on track to break its own new ATH and shows no signs of stopping, as the rally is being driven by the fact that Gold prices are finding support as trade tensions escalate following US President Donald Trump’s announcement on Wednesday that heavy tariffs on a range of products will be imposed next month or even sooner. 🔆The US dollar...

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NZD/USD news: 🔆The Reserve Bank of New Zealand (RBNZ) delivered a widely expected 50 basis point rate cut, reducing the Official Cash Rate (OCR) to 3.75%, in line with both previous expectations and the central bank’s previous guidance. However, the most notable dovish change came from the updated OCR guidance, which indicates a faster approach to the median 3%...

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Gold News: 🔆US President Donald Trump has signed an order imposing reciprocal tariffs, saying: "Whatever tariffs they charge, we will charge." He added that there would be no tariffs if the product was made or manufactured in the United States and that tariffs on cars would soon follow in addition to steel and aluminum. This sent gold prices higher in Asian and...

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Gold News: 🔆The ongoing U.S. tariff disputes with Canada, Mexico, and China have prompted many investors to rethink their strategies, leading to an increased allocation toward Gold. As trade tensions continue to rise, there is mounting concern that the tariff conflict could expand to include the U.S.'s European trading partners. If this scenario unfolds, Gold's...

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PLAN : 18 Feb, 2025 USDJPY News: 🔆The Japanese Yen (JPY) remains under pressure during the early European session on Tuesday, though downside momentum is limited as markets increasingly expect the Bank of Japan (BoJ) to continue raising interest rates. Additionally, the recent decline in the US-Japan yield gap, driven by growing speculation of further rate...

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EUR/GBP News: 🔆The EUR/GBP pair slips to around 0.8295 during early European trading on Tuesday as the Pound Sterling (GBP) gains strength following the UK employment report. Investors will also be watching Bank of England (BoE) Governor Andrew Bailey's speech and the release of Germany’s ZEW Survey for February later in the day. 🔆According to data from the UK...

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Scalping XAU : 18 Feb, 2025 Gold News: 🔆Federal Reserve Board of Governors member Michelle Bowman stated that elevated asset prices might have slowed inflation progress and emphasized the need for greater confidence in declining inflation before considering rate cuts. She also noted that wage growth remains above levels aligned with the Fed’s inflation...

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Gold news: 🔆Concerns over renewed tariffs, coupled with the absence of positive outcomes from the US-Russia peace talks excluding Ukraine on Tuesday, have weakened investor confidence, boosting demand for safe-haven assets like gold. 🔆Market participants remain apprehensive about a potential escalation in global trade tensions due to Trump's protectionist...

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Gold News: 🔆Senior officials from the US and Russia are scheduled to meet to explore ways to end the conflict in Ukraine. Although there is hope for a peace agreement between Russia and Ukraine, caution remains as decisions might be made without Ukraine and European leaders being involved. 🔆French President Emmanuel Macron called an emergency summit on Ukraine...

FM-ForexMastermind Updated 

Gold News: 🔆U.S. President Donald Trump has directed officials to develop plans for reciprocal tariffs on nations that tax U.S. imports, though he has not yet formally announced any duties. Additionally, Trump warned that tariffs on automobiles could take effect as early as April 2, heightening fears of a global trade war and providing support for...

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EUR/USD News: 🔆The US Dollar (USD) fluctuated in response to shifting market sentiment, initially rising on risk-aversion as US President Donald Trump signaled a new wave of tariffs before the market opened. On Tuesday, the White House implemented a 25% tariff on all steel and aluminum imports into the US, with no exemptions. 🔆This sparked concern across the FX...

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GBP/USD News: 🔆The British pound (GBP) strengthened for the fifth consecutive day in early Asian trading, climbing back above the 1.2600 mark following a weak US retail sales report that indicated American consumers were cutting back on spending. The GBP/USD pair reached 1.2626, gaining over 0.50%. 🔆Market sentiment was heavily influenced by US President...

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XAUUSD Trend Update: 🔆Gold shows signs of breaking the trend line, retesting and increasing strongly. 🔆In the middle of the European session, gold still holds the 2910 mark, so it is likely to increase strongly in the near future. Plan: 🔆 Price Zone Setup: 👉Sell Gold 2943 -2945 ❌SL: 2950 | ✅TP: 2938 - 2932 – 2925 👉Buy Gold 2883 -2885 ❌SL: 2877 | ✅TP:...

FM-ForexMastermind Updated 

🔆 Key factors affecting EUR/USD include: 👉Yesterday's CPI (inflation) index, which will strongly affect the USD. 👉If inflation is higher than expected: The Federal Reserve (Fed) may maintain high interest rates for a longer period of time, causing the USD to strengthen and EUR/USD may fall. 👉On the contrary, if CPI is lower than expected: The Fed may ease...

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USDCAD News: 🔆A White House official said late Tuesday that the 25% tariffs that U.S. President Donald Trump is planning to impose on all steel and aluminum imports will be added to other tariffs on Canadian goods, bringing the total to 50%. 🔆Earlier this month, Trump imposed 25% tariffs on most Canadian goods. However, those tariffs were suspended for 30 days...

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Gold Market Update: 🔆On Tuesday, the key market event was Federal Reserve Chair Jerome Powell's testimony to Congress, which was less hawkish than expected and could weaken the U.S. dollar. 🔆Powell reaffirmed that no immediate policy changes are planned, maintaining the Fed’s 2% core inflation target. While he acknowledged that inflation remains elevated, he...

FM-ForexMastermind Updated 

Gold News: 🔆Surge in US inflation dampens chances of Fed rate cut 🔆Solid US CPI could support dollar, ease tensions from Washington 🔆Federal Reserve Chairman Jerome Powell says policy needs to remain accommodative amid rising inflationary pressures and US President Donald Trump's tariff threats, signaling a more dovish Fed in the future Analysis: 🔆Based on...

FM-ForexMastermind Updated 

GBPUSD Comments: 🔆GBP/USD edged higher toward 1.250, gaining 0.31%, as the US dollar faced selling pressure during the Asian session. Market sentiment improved due to the absence of new developments regarding former US President Donald Trump’s trade policies and Federal Reserve Chairman Jerome Powell’s cautious stance on the policy outlook. 🔆Traders are now...