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,...
Canadian retail spending picked up in March — RBC
RBC credit card transactions point to a second consecutive tick higher in per-person real retail spending (excluding autos) in Q1. The latest data shows a pickup following eight consecutive declines but it's not all good news as March spending on goods -- particularly...
Goldman Sachs: The US is the only place where recent inflation surprised to the upside
Goldman Sachs highlights the US as the only G10 nation where recent inflation data has exceeded expectations, suggesting potential for continued upward movement in the USD. Despite a favorable cyclical backdrop and currency management strategies that may moderate...
European indices close lower on the day
London/European traders are looking toward the exit with the major indices all falling sharply today. The closing levels show:German DAX, -1.57%France CAC, -1.4%UK FTSE 100 under -1.82%Spain's Ibex, -1.50%Italy's FTSE MIB, -1.65%As European traders look to exit, US...
The NZDUSD reaches toward the Asian session low and lowest level since November 2023
The NZDUSD has been trending to the downside since last week's high near 0.6080. The low price today reached 0.5872. That is just above a swing area between 0.5851 and 0.58699.Support buyers are leaning against the wing area. There is topside resistance near 0.5936 if...
Israel official: “The intent is to send a painful message to Iran”
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,...
Atlanta Fed GDPNow Q1 growth estimate 2.9% versus 2.8% yesterday
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,...
More from Treasury Secretary Yellen
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,...
USDCAD stretches toward 2023 and 2022 highs. Key resistance near 1.3859 area.
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,...
IMF: Persistent inflation could trigger instability
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 Pres. Lagarde: We will cut rates soon, barring any major surprises
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,...
USDJPY tumbles but quickly rebounds
The USDJPY hit a downside air pocket after reaching another new high going back to 1990 at 154.76. That is getting close to what people think is a level that the Bank of Japan might look to intervene at 155.00.Anyway the market quickly fell to a low of 153.896 but has...
Kickstart your Forex trading for April 16 w/a technical look at EURUSD, USDJPY and GBPUSD
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,...
Mixed opening for the US major indices
Major US stock indices are trading mixed. The Dow industrial average higher help by UnitedHealth stock after earnings. Shares are up $25.38 or 5.58% at $470.52.The NASDAQ index is lower to start the trading day. The S&P index is marginally higher.A snapshot of the...
US March industrial production +0.4% versus 0.4% 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,...
Treasury Secretary Yellen: US inflation is significantly down from peak
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 Villeroy: Expected June rate cut to be followed by others with gradualism
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 Gov. Jefferson: If inflation is more persistent, holding rates in place for longer
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,...
Putin had a phone call with Iran’s president Raisi: Putin expressed hope for restraint.
Putin and Iran's Pres. Raisi had a phone conversation. According to sources, Putin expressed hope that all parties in Middle East would show restraint.Raisi said he was not interested in further escalation in the Middle East. That is good news but of course Israel is...
Canada March CPI 2.9% y/y vs 2.9% 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,...