Canadian Dollar extends gains following risk-on market surge on US NFP data miss

Share: The Canadian Dollar is bounding higher, extending weekly gains. Canada Unemployment Rate missed forecasts, Read More →

EUR/USD closes its best-performing week since June amid weak USD

Share: EUR/USD gained more than 1% on Friday, rising near 1.0730. The USD, measured by Read More →

S&P 500 rallies as markets digest soft US jobs data, Fed rate hike pause

Share: S&P 500 ended the week up by 0.9%, with the Nasdaq and Dow Jones Read More →

Experiment shows Artificial Intelligence making illegal (insider) trades, covering it up

An AI bot made illegal trades, acting on insider information, and then lied about it Read More →

Chinese state-owned energy giant Sinopec sign a new 27-yr LNG deal with Qatar

China Petrochemical Corporation, better known as Sinopec Group, is the world’s largest oil refining, gas Read More →

GBP/USD Weekly Forecast: Dollar Falters Amid Dismal NFP Data

The pound surged following the Bank of England’s decision to maintain rates. Investors are becoming Read More →

AUD/USD Weekly Forecast: Markets Brace for RBA Rate Hike

The Federal Reserve maintained its current interest rates on Wednesday. The US reported weaker-than-expected employment Read More →

US Dollar dives alongside US yields after weak labor data

Share: The DXY sank towards 105.05, its lowest level since mid-September. US government bond yields are Read More →

Mexican Peso climbs as US economic data warrants no further Fed hikes

Share: Mexican Peso gains as US Nonfarm Payrolls expand by only 150K, missing the 180K Read More →

USD/CHF Price Analysis: Plummets below 0.9000, golden-cross at risk

Share: USD/CHF drops sharply, signaling potential end to Fed’s rate hikes with investors favoring CHF. Read More →

Japanese Yen strengthens against US Dollar on Nonfarm Payrolls data

Share: Japanese Yen continues its recovery into the weekend on potential for divergent monetary policy. Read More →

Canadian Dollar sees Friday gains on US NFP miss

Share: The Canadian Dollar is bounding higher, extending weekly gains. Canada Unemployment Rate missed forecasts, Read More →

US equity close: Largest weekly gain for the Nasdaq since November 2022

S&P 500 weekly chart Closing changes on the day: S&P 500 up +1.00% DJIA +0.7% Read More →

Fed’s Bostic: Policy is likely in the right place given the economic outlook

High risk warning: Foreign exchange trading carries a high level of risk that may not Read More →

Did Barron’s nail the peak in yields?

The old adage is that magazine covers are a jinx. That’s particularly true with The Read More →

Earthquake shakes buildings in New Delhi

There are reports of an earthquake being felt in New Delhi, with buildings shaking. A Read More →

Gold Price at Resistance Under $2,000 Ahead of the US NFP

The US and Canadian data should move the rate today. Its failure to retest the Read More →

GBP/USD Price Analysis: Pound Holds Steady After BoE’s Pause

The pound showed resilience following the Bank of England’s decision to hold rates. The BoE Read More →

NFP Forecast: US employers expected to add significantly less Nonfarm Payrolls in October

Share: US Nonfarm Payrolls are forecast to rise by 180K in October, nearly halving from Read More →

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