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Thursday, February 27, 2025

American Market Recap: The AUD, NZD and CAD stay under pressure vs the USD. What next?

The AUD, NZD and CAD stay under pressure vs the USD. What next?

The AUD, NZD and CAD remain the weakest of the major currencies vs the USD (along with teh EUR). Versus the USD, the % changes now shows: AUD -1.10% NZD -1.07% CAD -0.73% Technically the AUDUSD and NZ... 

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Trump: Tariffs are are going to make our country rich

AI image We are going to have a deal done with UK on trade rather quickly Tariffs are not about inflation but about fairness It's been impressive how the UK has managed to avoid any threats from Trump... 

The S&P 500 and TSLA are now back to flat since the election

The S&P 500 opened at 5864 on the morning after the US election, it's now trading at 5880. That's just a few points higher on what was a surprisingly strong Republican sweep. In the aftermath of t... 

Fed's Harker: Policy remains restrictive enough to keep downward pressure on inflation

Fed's Harker Harker is retiring in June so I don't know how much we should be listening to him. Policy rate remains restrictive enough to put downward pressure on inflation Fed watches the data, then... 

OpenAI releases GPT 4.5. Between that and NVDA, it's a disappointing day

OpenAI is hosting a livestream of the release of ChatGPT 4.5 right now. It's going to be rolled out for Pro users this week and Plus users next week. Deep Research has earned some rave reviews. At the... 

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Latest Forex Orders

FX option expiries for 27 February 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . The first ones are for EUR/USD at the 1.0450 and 1.0475 levels. Price action is caught in between that and things are a bit tric... 

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