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📊 GBP traders await interest rate decision The British pound (GBP) gained 0.23% against the U.S. dollar (USD) on Tuesday as the greenback weakened following China's decision to impose import tariffs on U.S. goods. 👉 Possible effects for traders The escalation in the U.S.–China trade war is a long-term bearish factor for GBP as tariffs are expected to push up U.S. inflation, supporting the U.S. dollar by keeping U.S. interest rates higher for longer. 'We're still looking at these 10% tariffs on China and China's retaliation, which is going to add some risk premium back into the market. We'll see if there's any sort of negotiation on the back end that might tamp these down, as we saw with Mexico and Canada. But as it looks right now, the trade war with China is back up and running', said Helen Given, FX trader at Monex USA. GBPUSD was flat during the Asian and early European trading sessions. Traders should monitor any new developments around potential trade negations between the U.S. and China. Also, U.S. macrocosmic reports will likely trigger more volatility: ADP Nonfarm Employment at 1:15 p.m. UTC and ISM Services at 3:00 p.m. UTC. Worse-than-expected results will likely pull GDPUSD up towards 1.25200. Conversely, better-than-expected figures may temporarily pause the rally and trigger a drop towards 1.24250. Traders may refrain from initiating large positions in GBP pairs today ahead of the Bank of England's (BOE) interest rate decision, due at 12:00 p.m. UTC tomorrow. Traders expect the bank to cut its base rate by 25 basis points towards 4.5%. However, the most important will be the Monetary Policy Report and Monetary Policy Statement and officials' comments during the press conference. If the BOE downgrades its economic forecast and Governor Andrew Bailey hints at more rate cuts, GBPUSD will decline. If the statement includes better economic assessments and Bailey makes hawkish remarks, GBPUSD may rise significantly. Sign Up Now ➡️https://bit.ly/attocta Partner Code ➡️ 3788810

Apple delivered record-breaking earnings in the final quarter of 2024, with revenue hitting $124.3 billion and earnings per share at $2.41. However, iPhone sales fell short of expectations at $69.1 billion, and China revenue declined 11% year-over-year. Start Investing: https://bit.ly/attexpertoption

📊 Gold continues setting new highs The price of gold (XAU) increased by 0.45% on Monday, hitting a record high. Investors sought a safe haven amid growing concerns over inflation and economic slowdown, fuelled by U.S. President Donald Trump's tariffs on Canada, China, and Mexico. 👉 Possible effects for traders Donald Trump later agreed to a 30-day pause in tariffs' implementation for Mexico and Canada in return for concessions on border and crime enforcement. Still, tariffs on China are due to take full effect shortly. 'The market isn't fully convinced about the extent of the trade war. We haven't seen a complete response from gold, and if this trade war continues for a considerable period, it could lead to significantly higher gold prices down the road', said Bart Melek, head of commodity strategies at TD Securities. Indeed, because gold is considered a safe-haven asset during periods of economic or geopolitical instability and used as an inflation hedge, it usually rises when traditional assets like stocks or bonds are perceived as risky. J.P. Morgan, a U.S. investment bank, said that bearish contagion from equities could weigh on gold in the near term, but disruptive tariffs will be bullish for bullion in the medium term. Still, there are risks that XAUUSD may be getting somewhat overvalued as the strong U.S. dollar has made gold rather expensive for holders of other currencies, while the U.S. Federal Reserve (Fed) isn't expected to cut interest rates for another three months or so. XAUUSD was relatively unchanged during the Asian and early European trading sessions. Today, traders should focus on any new developments around U.S. tariffs. Donald Trump said that discussions of tariffs with China will likely commence later today. In addition, the U.S. JOLTS Job Opening report, due at 3:00 p.m. UTC, will shed some light on the state of the U.S. labour market. Better-than-expected figures may temporarily pause the rally in XAUUSD, while worse-than-expected results may give the pair an additional boost. 'Spot gold may rise into a range of $2,859 to $2,891 per ounce as it has broken resistance at $2,812', said Reuters analyst Wang Tao. Open Account In Exness For Forex Trading & P2P Transaction👇 Link: https://tlt.ink/exness

📊 Euro continues to be under bearish pressure The euro (EUR) lost 0.17% against the U.S. dollar (USD) during Monday's volatile trading session. 👉 Possible effects for traders Initially, the U.S. Dollar Index (DXY) surged to a one-month high, dragging other major currencies down. The rally was due to U.S. President Donald Trump imposing tariffs on Canada, China, and Mexico, triggering fears of an escalating trade war. However, the duties on Canada and Mexico were paused for one month, improving investors' risk sentiment and pushing the greenback lower. Still, EURUSD recovered only marginally as the currency remains very sensitive to trade-related shocks. The euro faces pressure due to its exposure to global trade dynamics and the potential ripple effects of Trump's tariffs on European economies. Furthermore, the eurozone is underperforming relative to the U.S. economy. Yesterday's U.S. ISM Manufacturing Indices highlighted the persisting resilience of the American manufacturing sector, potentially signalling stronger economic growth compared to the more sluggish performance observed in the eurozone. Higher-than-expected eurozone inflation figures released yesterday also failed to pull EURUSD above the critically important 1.03500 level. EURUSD was falling during the Asian and early European trading sessions. Today, traders should focus on any new developments around U.S. tariffs. In addition, the U.S. JOLTS Job Opening report will be released at 3:00 p.m. UTC and may give insight into the state of the U.S. labour market. Better-than-expected figures may push EURUSD even lower, while worse-than-expected may temporarily lift the currency above the important 1.03500 level. Open Account In Exness For Forex Trading & P2P Transaction👇 Link: https://tlt.ink/exness

📊 Yen remains relatively stable despite U.S. trade tariffs On Monday, the Japanese yen (JPY) fluctuated between 154.000 and 156.000 against the U.S. dollar (USD) but finished the day essentially unchanged. 👉 Possible effects for traders JPY has partly benefited from its safe-haven status amid developments around U.S. trade tariffs, which threaten to potentially disrupt global supply chains. However, USDJPY remains in a mid-term downtrend, which began on 10 January after the market started to price in a more hawkish monetary policy by the Bank of Japan (BOJ). At the same time, the Japanese economy is heavily reliant on global trade and is particularly exposed to any U.S.–China trade tensions. Thus, Japan will likely face capital outflows as investors seek safer assets amidst escalating trade disputes and heightened economic uncertainty, potentially impacting the value of the Japanese yen and overall economic stability. Earlier on Tuesday, China introduced tariffs on U.S. imports in a rapid response to new U.S. duties on Chinese goods, renewing a trade war between the world's top two economies. 'China's calibrated retaliatory measures — targeting energy, agriculture, and machinery — aim to pressure key U.S. export sectors while mitigating domestic inflation risks. Our analysis aligns with estimates of asymmetric growth impacts: U.S. GDP could slow by 0.8–1.0 percentage points in 2025, versus a more contained around 0.4-point drag for China, reflecting its trade diversification since 2018', said Shier Lee Lim, Lead FX & Macro Strategist for APAC, Convera in Singapore. USDJPY was rising during the Asian and early European trading sessions. Today, traders should monitor any new developments regarding U.S. tariffs. Also, the U.S. JOLTS Job Opening report will come out at 3:00 p.m. UTC, possibly providing more details on the state of the U.S. labour market. Better-than-expected figures may pull USDJPY slightly higher, while worse-than-expected results may push the pair below the 155.000 level. Open Account In Exness For Forex Trading & P2P Transaction👇 Link: https://tlt.ink/exness

Yesterday, crypto markets crashed sharply. Over $2.2B in liquidations hit the market as Bitcoin fell to $91K and Ethereum crashed 25% in 24 hours. What are the reasons for this decline? And is it a collapse, or is “buying the dip” on the horizon?📈

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Here are the important upcoming news events that could affect your trading.

Explore next week’s financial calendar events to anticipate potential market dynamics. Stay ahead with crucial updates that could impact your trading strategy. Trade Now :https://bit.ly/attexpertoption

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🗓️These are the biggest events to watch this week: The Eurozone flash CPI readings could set the tone for the euro at the start of the week, while the US dollar will be keeping an eye on the ISM services PMI. However, later in the week, attention will turn to the Bank of England’s policy meeting, which will be crucial for sterling, and on Friday, US and Canadian jobs reports will take center stage. 🔗Explore👉🏻