There was unexpected strength in the US services sector in August. There’s a greater than Read More →
There was unexpected strength in the US services sector in August. There’s a greater than Read More →
The Bank of Canada maintained its key overnight interest rate at 5%. Canada’s GDP unexpectedly Read More →
Share: S&P 500 closes down 0.70%, Nasdaq 100 drops over 1%, and Dow Jones Industrial Read More →
Share: During the Asian session, the focus will be on trade data from Australia and Read More →
Chinese trade data for August is due today. Its listed at 0300 GMT but that Read More →
High risk warning: Foreign exchange trading carries a high level of risk that may not Read More →
The bias is bullish despite temporary retreats. The BOC should bring high volatility later today. Read More →
Japan’s top currency diplomat issued a warning as the yen dropped to a 10-month low. Read More →
Share: Important economic events for the day include the release of Australia’s Q2 GDP numbers. Read More →
Share: EUR/JPY bears are presenting a battle to the bulls at the 20-day SMA, with Read More →
At 0130 GMT on Wednesday, 6 September 2023, which is 2130 US Eastern time on Read More →
The headline here sounds more dramatic than it was. US equities opened soft and then Read More →
Staying near the 50% retracement level announced an imminent breakdown. The RBA brought high action Read More →
Global growth concerns boosted the dollar on Tuesday. Eurozone business activity contracted more rapidly than Read More →
Share: The Canadian economy unexpectedly contracted during the second quarter, as indicated by data released Read More →
Share: USD/JPY trades nearly flat at 145.46 after dropping to a three-week low of 144.44. Read More →
USDCAD daily Bank of America (BofA) analysts are suggesting that traders consider selling USD rallies, Read More →
It’s unclear what’s happening in the bond market today as US 30-year yields lead the Read More →
Falling US Treasury yields this week exerted pressure on the dollar. The Canadian dollar held Read More →
XAU/USD is bullish despite temporary retreats. The US and the Canadian economic figures should bring Read More →
Share: Pound Sterling prepares for further rally as market mood remains upbeat. UK’s business confidence Read More →
