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The USD/CAD currency pair is currently encountering resistance around the 1.36 level. Buyers have been consistently testing this level in recent weeks, indicating potential upward pressure. A...
The US dollar is poised for potential shifts with today's CPI report, impacting major pairs like USD/JPY and USD/CAD Inflation expectations are set relatively high, meaning risks are skewed in favor...
The US dollar is under pressure as the pound, and euro attempt a recovery, raising doubts about its upward trajectory. The dollar's recent easing is due to a minor rebound in risk appetite, a lack...
Stocks finished the day lower, which hasn’t happened much recently, in a sudden turn mid-day.There was no good explanation for the sudden turn, but I think if you have been reading me for any...
The EUR/USD faces a key test in the next week and a half. We will have lots of key data and rate decisions from both the Federal Reserve and European Central Bank to come during this period. Ahead of...
Another day brings another set of data to support further Fed tightening. That should be the main story with the release of US personal income data and the core PCE deflator for May. Barring a data...
This week Fatih Birol, the Executive Director of the International Energy Agency (IEA), said that Europe's energy market faces 3 key challenges this year. So despite signs of improvement, is...
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