Robinhood is facing fresh legal scrutiny, and this time it is coming from Florida. On Thursday, Florida Attorney General James Uthmeier announced an official investigation into Robinhood Crypto, accusing...
Robinhood is facing fresh legal scrutiny, and this time it is coming from Florida. On Thursday, Florida Attorney General James Uthmeier announced an official investigation into Robinhood Crypto, accusing the trading platform of possibly misleading users with claims that it offers the lowest-cost way to buy cryptocurrency.
The probe, launched under Florida’s Deceptive and Unfair Trade Practices Act, raises questions about the transparency of Robinhood’s pricing model and whether its “zero commission” promise obscures hidden costs.
State Alleges Misleading Marketing
“When consumers buy and sell crypto...
The US dollar lost ground against the Canadian dollar, with USD/CAD struggling below 1.4250, as a combination of weaker US economic sentiment and rebounding oil prices provided support for the Canadian...
The USD/INR pair moved higher on Wednesday, driven by strong US dollar demand and continued foreign fund outflows, which weighed on the Indian rupee. The pair climbed as investors assessed global economic...
The Australian dollar remains resilient, holding its ground despite a broader shift toward risk aversion, as investors weigh global economic concerns and shifting monetary policy expectations. The currency’s...
Gold prices remained below their all-time high on Wednesday, with traders showing reluctance to push prices lower amid ongoing trade uncertainty and global economic concerns. While the metal has struggled...
Asian equities fell on Tuesday as rising tensions between the U.S. and China rattled investor sentiment, leading to broad declines across regional markets. Tech-heavy indexes in Hong Kong and Taiwan saw...
The EUR/USD pair remained under pressure on Wednesday, with the euro struggling to break past key resistance above 1.0500 as traders weighed economic data and shifting monetary policy expectations. Despite...
The Australian dollar held firm on Tuesday, defying broader risk-off sentiment as global markets turned cautious. Despite a pullback in equities and concerns over slowing economic growth, the Aussie remained...
Silver prices remained firm on Tuesday, trading with a positive bias but struggling to gain momentum above the mid-$32 range. Despite bullish sentiment in the metals market, resistance at higher levels...
The Japanese yen regained lost ground against the US dollar on Wednesday, with USD/JPY retreating as investors increased bets on a more hawkish Bank of Japan (BoJ) policy shift. Growing speculation that...
Oil prices climbed for a second consecutive session on Tuesday, as fresh U.S. sanctions on Iran heightened concerns over global supply. Brent crude futures rose above $83 per barrel, while West Texas Intermediate...
China’s central bank set the USD/CNY reference rate at 7.1710 on Tuesday, slightly lower than the previous 7.1716, signaling its continued effort to manage currency stability amid global economic uncertainty....
The Australian dollar remained largely unchanged on Monday, struggling to gain traction as increased risk aversion swept through global markets following the latest round of tariffs announced by the Trump...
The Japanese yen struggled for direction, with bullish bets remaining limited as traders weighed mixed fundamental signals. While expectations of a potential shift in the Bank of Japan’s (BoJ) policy have...
USD/INR edged lower as the Indian rupee strengthened, driven by likely intervention from the Reserve Bank of India (RBI) and broad-based selling pressure on the US dollar. The currency pair saw downward...
EUR/JPY held steady around the 156.50 mark on Monday, despite rising downside risks driven by a risk-off mood and hawkish signals from the Bank of Japan (BoJ). As global markets face heightened uncertainty,...
The US dollar remained firm against the Swiss franc, with USD/CHF trading above 0.9100, as investors positioned cautiously ahead of Federal Reserve Chair Jerome Powell’s testimony. The market is closely...
The British pound remained flat against the Japanese yen, with GBP/JPY struggling below 188.00 as traders held back ahead of Bank of England (BoE) Governor Andrew Bailey’s speech. The pair showed little...
The euro remains under pressure against the US dollar, with EUR/USD hovering near 1.0300, as investors react to ongoing economic uncertainty and diverging central bank policies. The pair continues to face...
The euro edged lower against the US dollar, approaching key support near 1.0250, as investors weighed economic uncertainty and shifting central bank expectations. Weak momentum in the Eurozone economy...
The British pound extended losses against the US dollar, with GBP/USD slipping toward 1.2350, as renewed trade tensions following Donald Trump’s tariff proposals triggered a risk-off mood across financial...
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Analysis
Market Sentiment and Strategy: EUR/USD, USD/CAD, Dow Jones
In trading, the allure of following prevailing trends—buying in bullish and selling in bearish phases—is strong. However, seasoned traders often find that unconventional strategies, like contrarian trading, which opposes dominant market sentiments, can unlock significant opportunities. This approach...
Euro FX Analysis: EUR/USD, EUR/CHF, EUR/GBP, EUR/JPY & Weekly Levels
Market Outlook and Sentiment Analysis
In the dynamic realm of currency trading, adopting contrarian strategies can unveil hidden possibilities by deviating from conventional thinking.
IG client sentiment provides valuable insights into the market’s sentiment, especially when analyzing the Euro...
US Dollar Market Analysis: Insights on EUR/USD and GBP/USD Recovery, USD/JPY Stability
The US dollar experienced a minor decline on Monday, though the drop was minimal, likely restrained by a rise in U.S. Treasury yields. Investors took profits following the dollar’s robust performance the previous week. Additionally, many chose not to take significant positions ahead of anticipated...
British Pound Trading Analysis: GBP/USD, EUR/GBP, GBP/JPY
Trading often resembles a game of follow-the-leader, with participants reacting to market movements by following established trends. However, experienced traders leverage contrarian strategies, which can uncover significant opportunities by opposing mainstream market sentiment.
IG client sentiment...
EUR/CHF Sentiment Analysis
EUR/CHF Trader Positions
Source: DailyFX
Retail Sentiment Overview
Currently, 49.76% of traders hold a net-long position in EUR/CHF, resulting in a nearly balanced short to long ratio of 1.01 to 1. Since April 11, 2024, when EUR/CHF was near 0.98, traders have shifted to a net-short stance. Despite...
EUR/USD remains range-bound as markets brace for key U.S. jobs data
The EUR/USD pair traded in a narrow range, with investors staying cautious ahead of the highly anticipated U.S. Non-Farm Payrolls (NFP) report due on Friday. The muted price action reflects market uncertainty, as traders assess how the jobs data could influence Federal Reserve policy and broader currency...
Australian dollar holds firm as trade surplus meets expectations
The Australian dollar remained stable after the country’s latest trade balance data showed a stronger-than-expected surplus of 5.62 billion AUD in January, slightly above market forecasts. The currency’s muted reaction suggests that traders had already priced in steady export performance, with little...
Euro surges against dollar as investors anticipate trade policy shift
The euro made significant gains against the U.S. dollar, driven by growing expectations that trade policies could see a shift in the coming months. Investors reacted to signals that tariff adjustments may be on the horizon, fueling optimism in currency markets and prompting a surge in EUR/USD trading...
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