Tag: EUR/USD

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Does the United States have the labor capacity to handle any benefits from its trade deal with the EU?

From my trade desk … Yesterday, I had a brief conversation with my landlord about how tough it is in today’s labor market. I shared with him that my son had just left for graduate school up north. He shared his congratulations. I then shared with him how my son was one of the lucky … Continue reading Does the United States have the labor capacity to handle any benefits from its trade deal with the EU?

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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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Binary options: Did Trump’s tariff letters upset the EUR/USD?

I bought a EUR/USD contract speculating on a close above 1.1700 by 11 am this morning. At 11:00 am, the EUR/USD price at expiration was 1.17385. Tariff uncertainty dominated the media scuttlebutt as markets kept all eyes on President Trump’s letter writing campaign. According to CBS News, Mr. Trump was to send tariff increase letters … Continue reading Binary options: Did Trump’s tariff letters upset the EUR/USD?

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Not much moved me about Chairman Powell’s testimony this week …

Jerome Powell, chairman of the Board of Governors of the Federal Reserve System wrapped up his semi-annual visit to Capitol Hill basically saying all is well with the Fed’s implementation of monetary policy. Chairman Powell assured both the House yesterday and the Senate today that the labor market was at or near maximum employment although … Continue reading Not much moved me about Chairman Powell’s testimony this week …

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Binary options: Mitigating risks from information barriers in the foreign exchange markets.

When trading binary options, I am trading my expectations on certain events. I am entering contracts where one side of the contract has an expectation of some event, x, occurring and the other side of the contract has an expectation of some event, y, occurring. I am not trading a commodity, share, or currency. I … Continue reading Binary options: Mitigating risks from information barriers in the foreign exchange markets.