BlackBull Markets

Our Demo Trading Competition is now LIVE!

👉 competition.blackbull.com/

3 hours ago | [YT] | 0

BlackBull Markets

Japan’s first currency intervention in 2 years sends USDJPY down by 2.3%. Will they defend this level? #Forex #USDJPY #YenIntervention #CurrencyMarkets #Gold #Trading

5 hours ago | [YT] | 0

BlackBull Markets

Thursday saw a dramatic move as #Japan stepped in to defend the yen, intervening after the #USDJPY surged to a session high of 160.725. This marked Japan’s first official currency intervention in nearly two years. This move sent the USDJPY down by more than 2.3%. Let’s see how committed the Japanese government is to defending this level.

Before the intervention, investors appeared to have underestimated the risk of such action, holding one of the largest short yen positions in nearly two years, selling the yen against both the #euro and the British pound too. Now, we’re seeing a stronger rebound in these crosses compared to the USD/JPY.

It’s also interesting to watch the Japanese cross with #gold (BlackBull Markets offers trading on this instrument of course). The dip in gold relative to the yen has been significant, but technical support levels are holding up much stronger than in the currency markets.

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7 hours ago | [YT] | 1

BlackBull Markets

The Federal Reserve held rates at 3.5% to 3.75% in an 8–4 split, the most divided decision in decades.

This is likely Jerome Powell final rate call as Chair, but confirmed he will remain on the Board beyond May 15, citing ongoing legal challenges and the need to see them through.

Powell warned Fed independence is “at risk” amid increasing political pressure, while President Donald Trump’s nominee, Kevin Warsh, moves closer to confirmation.

1 day ago | [YT] | 4

BlackBull Markets

The United Arab Emirates will leave #OPEC effective May 1, in a major blow to the oil cartel. In February, the #UAE was OPEC’s third-largest producer, behind Saudi Arabia and Iraq.

The UAE has said its decision is not a response to years of Saudi-led production cuts. However, they are now expected to ramp up production, which might have a natural downward pressure on oil prices.

Before February 28, the UAE produced around 3.4 million barrels of crude per day. Analysts estimate it has the capacity to produce roughly 5 million barrels per day. As they say in the AUE “Ihfar ya habibi, ihfar” (drill baby, drill).

A big question is whether the UAE’s departure encourages other members to reconsider abandoning OPEC’s capped-production model. If it does, it could signal a broader sell off in energy markets.

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2 days ago | [YT] | 5

BlackBull Markets

What is the Suitability Quiz? | How to prepare and pass

2 days ago | [YT] | 1

BlackBull Markets

Five of the Magnificent Seven report their performance week #mag7 #earnings #earningseason #stocks #stocktrading

3 days ago | [YT] | 0

BlackBull Markets

USD/JPY firms ahead of the Bank of Japan decision. #usdjpy #boj #interestrates #japan

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3 days ago | [YT] | 3

BlackBull Markets

Japan inflation edged higher in March. CPI rose to 1.5% and core to 1.8%. Price pressure is coming from energy, not demand, which makes rate hikes harder to justify. Markets expect no change next week, but if energy costs continue to feed through, does policy pressure build later in the year?

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1 week ago | [YT] | 4

BlackBull Markets

US$10,000 up for grabs. Are you ready?

The BlackBull Markets Demo Trading Competition starts May 1:
🥇 1st Place: US$3,000
🥈 2nd Place: US$1,500
🥉 3rd Place: US$500
⚡ Weekly Prizes: US$5,000 (50 x US$100 winners drawn randomly)

👉 Register now at competition.blackbull.com

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1 week ago | [YT] | 2