High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Trump: I have agreed that Mexico will not be required to pay tariffs on anything in USMCA
Trump is confirming what Lutnick earlier said was 'likely'.After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement. This Agreement is until April 2nd. I...
CIBC slashes Canadian and US GDP forecasts on trade war pain
Canadian trade data today underscored the first-half 2025 dynamics in the Canadian economy. There will be strong front-running of tariff exports in January and February before a total reversal afterwards, assuming the tariffs remain.CIBC is out with new forecasts that...
Canadian dollar rises to best levels since Feb 24 on signs the tariff war will pause
USD/CAD 5 minsIt looks like we will get an end to this chapter in the tariff war later today.On CNBC, Commerce Secertary Howard Lutnick said it's "likely" that tariffs will be removed on all USMCA compliant goods and services that cross the border. That covers pretty...
The ridiculous idea that Trudeau won’t step down is ridiculous
Trump is on Truth Social saying this:Believe it or not, despite the terrible job he’s done for Canada, I think that Justin Trudeau is using the Tariff problem, which he has largely caused, in order to run again for Prime Minister. So much fun to watch!I think this is...
USDJPY bounces off support target. What next?
The USDJPY dropped to its lowest level since October 2024, breaking below this week’s previous low of 148.102 and reaching a key swing area between 147.21 and 147.338, with a session low of 147.30. Buyers stepped in at this support zone, driving a rebound.The recovery...
SEC Drops Kraken Lawsuit as Crypto Support Grows
We are at a very interesting point for the crypto industry in that we are seeing not just unprecedented consumer support for the asset class but also greater political and legal wins. The number of active crypto wallets is higher than it has ever been, and this is...
Lutnick: Tariff reprieve likely to include all USMCA products
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
BOE’s Mann: The need to remain restrictive is particularly important
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Trudeau indicates that the trade war isn’t about to end
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
US January final wholesale inventories +0.8% vs +0.7% expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
USDCHF tested the 100 day MA at highs. Looks toward the 200 day MA now.
USDCHF barometerThe USDCHF fell to its lowest level since December 12 yesterday before rebounding into the close. In today’s Asian session, buyers attempted to push higher but faced resistance near the 100-day moving average (0.89246), with the high reaching 0.89252...
Crude oil futures by TradeCompass
A Strategic Map for Crude Oil FuturesCurrent Price: 66.72Crude oil futures are currently trading within a tight range, and tradeCompass doesn’t tell you how to trade—it provides a precise map of strategic price levels where market participation is likely to increase....
market jitters: technology and consumer cyclicals under pressure
Stock heatmap by FinViz.com Thu, 06 Mar 2025 14:46:06 GMTSector OverviewToday’s stock market heatmap paints a challenging picture, particularly for technology and consumer cyclical sectors. A wave of selling pressure hit the technology space, with semiconductor...
Trudeau: Canada is continuing to talk to the US. The goal is to get tariffs lifted
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Intraday USDCAD reversal: Key signal near 200 hour MA
USDCAD technicalsThe USDCAD fell below the 200-hour moving average (MA) yesterday (green line) and the 50% retracement of the February low-to-high move at 1.4345. However, it held above the 61.8% retracement at 1.4299 and the lower boundary of the recent consolidation...
Lagarde: Uncertainty is huge
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Q&A Lagarde: Moving to a more evolutionary approach
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Fed Harker: Economy generally looks okay, but there are threats
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
ECB’s Lagarde: Consumer confidence is fragile, uncertainty to weigh on investment
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...