Category: retail foreign exchange

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It is less about political interference with the Fed and more about the degree of interference.

There is ongoing concern of a threat by the Executive Branch to the independence of the Federal Reserve System, specifically influence by the Executive Office of the President on the decisions made by the Federal Open Market Committee on monetary policy. I do not think the issue is political threats to the independence of the … Continue reading It is less about political interference with the Fed and more about the degree of interference.

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Today’s foreign exchange action further confirms that Congress long ago abdicated its duty to regulate the value of money.

The EUR/USD closed at 1.16624 at 3:00 pm EDT. It was trading around 1.15746 this morning at about 4:00 am. Because there were no major economic data releases today, traders had more time to lament the downward revision of 258,000 jobs in May and June, the potential pullback in consumer spending as a result of … Continue reading Today’s foreign exchange action further confirms that Congress long ago abdicated its duty to regulate the value of money.

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The EUR/USD continues the bearishness. The NFA yanks membership of introducing broker Traders Edge.

From the trading desk … On the eve of the 1 August deadline for U.S. trading partners to get in line with President Trump’s trade policies, the EUR/USD continues its slide toward 1.1400. Investors are still upbeat about gross domestic product in the second quarter 2025 and the 104,000 job pick up reported yesterday by … Continue reading The EUR/USD continues the bearishness. The NFA yanks membership of introducing broker Traders Edge.

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Trump’s poorly played short term currency policy exposes Europe’s long term currency complacency …

From my trading desk … FX Street is reporting today that traders of the EUR/USD should expect continued slides in the euro. I concur in their assessment given what I saw in the charts on the NADEX from 10:00 am yesterday morning to 11:00 pm that evening. The EUR/USD went from a close of 1.16375 … Continue reading Trump’s poorly played short term currency policy exposes Europe’s long term currency complacency …

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Will the EUR/USD be impacted by France’s recognition of a Palestinian state?

According to a report in Reuters, France intends to recognize a Palestinian state during the United Nations General Assembly this September. Reuters quotes France’s president Emmanuel Macron as saying, “True to its historic commitment to a just and lasting peace in the Middle East, I have decided that France will recognise the state of Palestine.”  … Continue reading Will the EUR/USD be impacted by France’s recognition of a Palestinian state?

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Federal Court Orders UK Firms, Residents from China, Oklahoma to Pay $19M in CFTC Fraud Case

July 24, 2025 WASHINGTON, D.C. — The Commodity Futures Trading Commission announced today the U.S. District Court for the Western District of Washington has resolved all claims the CFTC filed in its September 2024 complaint against Qian Bai and Chao Li, both residents of the People’s Republic of China, their co-conspirator Lan Bai, a resident of Oklahoma, as well as Aipu Limited and Fidefx Investments Ltd., which … Continue reading Federal Court Orders UK Firms, Residents from China, Oklahoma to Pay $19M in CFTC Fraud Case