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Ukraines Security Service: Attacked a gas terminal in the southern Russian port of Tanlyuk.On May 29, US President Trump stated that Iran must agree never to possess nuclear weapons. The Strait of Hormuz must be opened immediately, allowing unrestricted two-way traffic without any tolls. All mines must be cleared.May 29th - According to the Wall Street Journal, sources familiar with the matter revealed that the Trump administration is expected to propose amendments to the USMCA (United States-Mexico-Canada Agreement) requiring that at least half of the parts and raw materials used in automobiles originate from the United States as a prerequisite for enjoying the low tariff treatment under the agreement. This new rule would significantly increase the required "U.S. component" ratio (calculated in dollar value of components) for automobiles produced under the so-called USMCA framework. Currently, the agreement only requires that three-quarters of the vehicles materials originate from North America, without setting specific requirements for U.S. components.US President Trump: A meeting will be held now to make a final decision on the Iran issue; Iran must agree that they will never have nuclear weapons and bombs; the Strait of Hormuz must be opened immediately and without tolls.General Motors (GM.N) fell more than 3%, Ford Motor (FN) saw its gains narrow to 4%, and Stellantis (STLA.N) dropped 2%, after reports that the Trump administration wanted at least 50% of cars produced under the USMCA agreement to be made in the United States.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

  • NFP and Forex: What is NFP and How Does It Work?

    Non-farm payrolls (NFP) are a critical economic indicator for the US economy. It is the amount of new employment created, excluding agricultural workers, government employees, private home employees, and nonprofit organization employees.

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  • 5 Ways to Control Risk When Trading Forex

    Proper risk management is a must if you want to be a successful trader. Continue reading to learn about the risk control techniques that every forex trader should be familiar with.

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  • How To Evaluate Leading Economic Indicators?

    Leading economic indicators forecast the next business cycle phase. Leading indicators help you stay ahead of the curve. This article demonstrates how economic indicators may be used to assess the status of the economy.

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  • How to Trade Forex During the Asian Trading Hours?

    The Asian session is notorious for being the slowest and most difficult session for forex traders. This article will teach you how to trade forex during Asian trading hours.

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  • How to Trade Using the Carry Trade Strategy?

    Carry trading is one of the most basic currency trading methods available. This post will provide you an overview of forex carry trading - what it is, how it works, and how to apply your own carry trade strategy.

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  • How to Enhance Your Moving Average Crossover Strategy

    Moving averages are indicators used in technical analysis. In this essay, I'll show you how to improve on the basic moving average crossover strategy.

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  • How to Use a MACD Crossover to Enter Trades

    The Moving Average Convergence/Divergence (MACD) indicator is a technical indicator that measures the market's momentum and direction by comparing the difference between two exponential moving averages. When the MACD line and the signal line intersect, the MACD crossover occurs, frequently signalling a change in the market's momentum/trend. The MACD is regarded as a very accurate indicator, particularly in trending markets.

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  • The Ascending Triangle: What is it & How to Trade it?

    The ascending triangle, sometimes known as the 'rising triangle,' is a popular mid-trend continuation pattern. Traders predict that the market will continue in the direction of the wider trend and therefore build trading setups.

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