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Tuesday, January 28, 2025

American Market Recap: China is coming for robots next

China is coming for robots next

Today, Unitree debuted the H1 "Fuxi" robot at the Spring Festival Gala as this was broadcast on CCTV. It's tough to tell how amazing these really are but I met the previous generation with the hand-sh... 

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Not a heck of a lot is going on in the major currency pairs as the day winds down.

While the stocks continue to push higher, the USD is more stuck. EURUSD: The EURUSD moved below the 100 hour MA (at 1.04473)and swing area (1.0448 to 1.0461) in the Asian session and remains below tho... 

Nasdaq stretches gain to 2%

Nasdaq daily The dip buyers in the Nasdaq have been steadily accumulating since early in the trading day. Initially, the Nasdaq fell into negative territory at the open as Nvidia went red but the chip... 

A rate cut is 99% priced in for Wednesday's Bank of Canada meeting. Bigger questions loom

If I was at the Bank of Canada here is what the statement on Wednesday would say: We're cutting rates by 25 basis points today and what we do next will depend on tariffs between now and our next decis... 

White House Press Secretary says the Feb 1 date for tariffs on Canada and Mexico remains

White House Press Secretary White House Press Secretary says the President has already put out statements on what he wants to see from Canada and Mexico on the border. This is what I think Trump reall... 

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Latest Forex Orders

FX option expiries for 28 January 10am New York cut

There aren't any major expiries that should factor into play for the day ahead. There are some closer ones for EUR/USD at 1.0400 and 1.0500, then one for AUD/USD at the 0.6300 level. But given prevail... 

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