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The week kicked off on a bearish note for US equities as the buying that had been driven by hopes of a turnaround in trade winds over the past nine sessions is gently losing momentum. In FX, the US dollar remains softer across the board; its rapid selloff against Asian peers was particularly in focu

Something important is about to happen next week... The U.S. nonfarm payroll statistics were just released. They were better than expected, but overall, well within the previous range of values – nothing to write home about. Markets’ reaction was relatively small and in perfect tune with the technic

In focus today Today will be light on the macro front, but in Denmark, focus turns to the release of the retail trade index for March at 8:00 CET. According to our own Spending Monitor, retail spending decreased 2.5% y/y in real terms in March compared to the same month last year. However, this fall

The US administration seems to be softening on tariffs and pushing for peace in Ukraine. Does this mean a downturn in gold? Price action on gold hit $3,500 this week but we are seeing a retreat. We are seeing bearing activity on the stochastic oscillator and MACD is trying to fall below zero so we w

President Trump's announcement of extensive tariff increases, along with new confrontations with the Federal Reserve (Fed), has left a clear mark on the financial markets throughout April. Significant fluctuations across asset classes have characterised market dynamics, and investors' confidence in

Trend Watch: Brokers Why Are Brokers Ignoring the Stablecoin Boom? Stripe’s public embrace of stablecoins may be the clearest sign yet that the digital dollar era is here. In its 2024 annual letter, the fintech giant called stablecoins a gateway to “near-instant, near-free global transac

European Central Bank President Christine Lagarde on Tuesday said she hoped that U.S. President Donald Trump firing Federal Reserve Chair Jerome Powell was not a scenario that was on the table. Asked by CNBC's Sara Eisen whether Trump finding a way to remove the central bank chief was a material ris

In focus today Today will be light on the macro front, with markets continuing to closely watch trade uncertainty and any signals from Trump. In the euro area, focus turns to the consumer confidence indicator for April. Consumer confidence has declined in the past months following a great rebound la

S2N spotlight There is a lot of talk at the moment about Death Crosses, i.e., when the 50-day crosses below the 200-day moving average. The US dollar looks like it is in more of a death spiral than a cross. This strategy has been a very good one for trading the dollar. The S&P 500 entered a deat

The US Dollar Index (DXY) trades near the 98.50 area after a sharp decline during Monday’s session.Concerns rise after Trump criticizes Powell, sparking fear over Fed's independence and further damaging USD sentiment.Technical indicators show sustained bearish momentum with resistance seen around 98